NEW YORK, Oct. 13, 2016 /PRNewswire/ -- Rocketrip, the leading technology platform for reducing corporate travel costs, has named Larry White Vice President of Finance. White joins Rocketrip with an exceptional record of scaling and funding technology startups. He will build the infrastructure, systems, and financial strategy Rocketrip needs to sustain aggressive growth.
Prior to joining Rocketrip, White served as VP Finance at Peloton Cycle. He was instrumental in securing a $30M Series C and a $75M Series D for the company. He also took ownership over systems, staffing, budgeting, financial reporting, investor presentations, and Peloton Cycle's first official audit.
Before Peloton Cycle, White was VP Finance at DigitalOcean. There he helped raise a $37M Series A and secured more than $150M in additional forms of financing. In White's first VP Finance role at Makerbot Industries, he built the finance department from the ground up, secured three funding rounds, and facilitated a $400M+ acquisition by Stratasys.
"Throughout my career, I've searched for companies that can disrupt massive industries. Rocketrip fits that profile," said White. "Business travel has been static for decades, and Rocketrip has proven that it can shake up the space. The platform inspires employees to change their travel spending habits, and nothing comes close to competing with it."
"White brings the skills we need to launch out of startup mode and grow to our highest potential," said Dan Ruch, CEO of Rocketrip. "He will play a key role in standardizing operations and directing our team towards bold, measurable goals. We're excited to see his impact."
An active member of New York's tech community, White has been a speaker at WeWork Summer Camp, Silicon Valley Bank, and local Meetups. He earned a B.A. in Accounting and Marketing from Manhattan College.
Rocketrip is the leading tech platform for reducing corporate travel costs. By letting employees keep half of what they save on their business trips, Rocketrip motivates responsible spending. The platform'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 Rocketrip provides employers with insights and analytics on company spending, savings and employee travel behavior.
Rocketrip is based in New York City and has received funding from Canaan Partners, Bessemer Venture Partners, Genacast Ventures, Crunchfund, Y Combinator, and angel investors.
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