NEW YORK, Dec. 20, 2017 /PRNewswire/ -- Rocketrip, the leading behavioral change platform for reducing corporate travel costs, was recently recognized as one of the "Best Entrepreneurial Companies in America" by Entrepreneur magazine's Entrepreneur360TM List. Based on this study by Entrepreneur, Rocketrip is recognized as a well-rounded company that has mastered a balance of impact, innovation, growth, and leadership.
"It's an honor to be recognized as one of the top entrepreneurial companies in the country," said Dan Ruch, CEO at Rocketrip. "The Entrepreneur360 pillars of innovation, growth, leadership, and impact are ones we consider to be critical to our success, and we will continue to keep them central to our work as we drive forward Incentivized Behavioral Change in the corporate travel industry."
"Our annual evaluation is a 360-degree analysis of top privately-held companies representing and serving a variety of industries," explains Lisa Murray, Chief Insights Officer of Entrepreneur Media, Inc. "Every year we review a new batch of entries that reflect great entrepreneurial strides. The ones that make the list have implemented visionary initiatives impacting their communities for the better, innovative ideas redefining industry standards, leadership practices fostering enviable company cultures, and creative growth strategies launching their brands to new heights."
Rocketrip works with enterprise organizations to reduce travel costs by predicting what an employee would have spent on a trip and rewarding them for spending less. The platform gives business travelers a personalized "Budget to Beat" for each trip based on a company's travel policy, negotiated rates, and real-time market inventory. Travelers who book under budget earn a share of the savings they generate to spend on things they truly value. Additionally, the Rocketrip Insights analytics suite enhances conventional expense reporting by aggregating data from all travel vendors, including airlines, hotels, car rental companies, and even Airbnb.
Honorees were identified based on the results from a comprehensive study of independently-owned companies, using a proprietary algorithm and other advanced analytics. The algorithm was built on a balanced scorecard designed to measure four metrics reflecting major pillars of entrepreneurship—innovation, growth, leadership, and impact.
For additional details on the E360 List and the companies recognized, visit entrepreneur.com/360companies.
Rocketrip reduces business travel costs by aligning employee and employer interests. The platform produces custom trip budgets for employees and motivates them to spend less by letting them keep half of what they save. As the global leader in Incentivized Behavioral Change, Rocketrip inspires thoughtful spending by giving employees a stake in their company's bottom line. It's a win-win approach trusted by clients including Pandora, TriNet, and Twitter.
Founded in 2013 and headquartered in New York City, Rocketrip's investors include Bessemer Venture Partners, Canaan Partners, Genacast Ventures, and Y Combinator. For more information, visit http://www.rocketrip.com.
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