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Business travel startup Pana raises $3 5M after spring layoffs

Business travel startup Pana raises $3.5M after spring layoffs Courtesy of Pana) Months after contracting in the wake of the pandemic, a Denver-based startup that coordinates business travel for other firms raised $3.5 million in December. Pana said in a filing with the U.S. Securities and Exchange Commission that it raised the funds from seven investors. The names were not disclosed. The raise brings the startup’s total funding to more than $17 million, according to SEC filings. Investors listed on the company’s website include Bessemer Venture Partners, Matchstick Ventures, MergeLane and Techstars. Pana CEO Devon Tivona did not respond to requests for comment.

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