NEW YORK, August 3, 2015 /PRNewswire/ -- Rocketrip, a platform that rewards employees for saving money on business travel, today named Jake Farmakis Director of Customer Success. A former financial consultant and the founder of TripSavvy, Farmakis joins Rocketrip with a wealth of industry experience and dedication to improving the corporate travel experience.
Prior to joining Rocketrip, Farmakis was the CEO and founder of TripSavvy, a private social network for business travelers where employees rate, review, and share tips about travel experiences. Originally called Paradine, his company was named the "Best Travel App for Business Travelers" at Concur's The Perfect Trip DevCon in the fall of 2014. TripSavvy established partnerships with some of world's leading travel platforms.
Farmakis became passionate about improving business travel during his five years as a road warrior in financial services. Before launching TripSavvy, he served as a financial consultant at Dreyfus, a BNY Mellon company, addressing client investment needs using their suite of mutual fund and separately managed account products. Farmakis began his career in Equity Sales at Goldman Sachs. He graduated cum laude from Boston College with a B.S. in finance and marketing.
"Jake is a perfect fit for Rocketrip. His commitment to improving business travel, his expertise in travel management, and his experience managing customer relationships will be valuable to our team," said Emily Hurd, VP of Business Development and Marketing. "Jake will help our customers reap the benefits of rewarding cost-conscious travel."
"People increasingly book business travel the way they book personal travel, and Rocketrip is perfectly situated to take advantage of this shift," said Farmakis. "By fostering a culture of choice and rewarding employees who act in the company's best interest, Rocketrip has the power to transform the travel culture of an entire organization. I'm excited to guide companies through that change, and I'm honored to join Rocketrip's amazing team in New York."
Rocketrip (http://www.rocketrip.com) is the first commercially available travel management platform that rewards employees for saving money on business travel. Rocketrip's algorithms integrate a company's travel policy with real-time trip pricing and availability to create a personalized Budget to Beat for each trip. Employees book using their favorite travel websites or a travel management company, and they receive a percentage of the savings when they book under budget. Rocketrip also provides employers with insights and analytics on company spending, savings and employee travel behavior, giving them the ability to optimize their travel policy and rewards program.
Rocketrip is based in New York City and has received funding from Canaan Partners, Genacast Ventures, Crunchfund, Y Combinator and angel investors.