Traxo patented core corporate travel technology

Dallas, May 11, 2022–(BUSINESS WIRE): Traxo, Inc. has announced. , the world’s only provider of real-time corporate travel data capture, has announced that the United States Patent and Trademark Office (USPTO) has reviewed and awarded its second patent to the company. This patent, number 1,328,258, demonstrates Traxo’s continued commitment to innovation and leadership in the global corporate travel industry and advances Traxo’s intellectual property position, while protecting the company’s leading comprehensive travel intelligence platform.

Traxo Filter’s patent “System and Method for Enterprise-wide Travel Email Filtering, Processing, Visualization, and Data Distribution” covers Traxo’s unique and pioneering approach to comprehensively capturing and processing travel transactions in real time from over 1,000 travel suppliers and travel booking sources, in Within seconds after booking. Once analyzed and processed by Traxo, pre-flight reservation data is instantly made available to Traxo customers and then distributed to various endpoints throughout the company’s travel ecosystem as directed by the customer’s Corporate Travel Manager.

According to Matt Griffin, a patent inventor and Traxo’s product and information officer, Traxo recognized early on that corporate travel teams were missing out on vital tools to help them meet their basic employee safety and corporate T&E expense management needs.

Griffin noted that “there has been no single solution on the market that provides a way to comprehensively capture critical travel reservation data, regardless of where it is purchased, frictionlessly, and in a manner acceptable to enterprise IT departments.”

“So, in 2017, we invented the solution to meet this need, and today we are pleased to say that it has been deployed across the US, Canada and five European markets – Spain, France, Italy, the Netherlands and the UK – with plans in place for continued expansion.”

This patent grant expands Traxo’s patent portfolio, which now includes five patent applications and patents issued. Traxo’s patents include cutting-edge technologies and engineering advances in corporate travel that protect the company’s business and provide a safe haven for its customers and partners. Traxo’s entire suite of patents has been licensed to numerous entities in the travel industry. A summary of Traxo’s full suite of patents can be found at: https://www.traxo.com/patents

“As leaders in capturing corporate travel data, we continually strive to drive innovation to meet the needs of our customers,” said Andres Fabrice, CEO and founder of Traxo. It is a matter of pride for the entire Traxo team and should also be reassuring to our investors, customers and partners. The newly issued patent demonstrates Traxo’s commitment to developing and meeting unmet technological needs within its ever-evolving shared travel system. “

About Traxo

Dallas-based Traxo, the world’s only provider of real-time corporate travel data capture, allows companies to finally get a complete view of all employee travel no matter the source, eliminating blind spots with a complete automated pre-flight audit, and ensuring the health and safety of all its employees through an enhanced duty of care. Founded in 2008, Traxo is a software-as-a-service (SaaS) business, and Traxo’s clients and partners include Amex GBT, EY, Mckinsey & Co, ARC, Delta Air Lines, United Airlines, Lufthansa, Easy Jet, Tripadvisor, Coupa, Chrome River / Emburse, International SOS, WorldAware, ZS Associates and many more. last three Business travel news Travel Managers of the Year Use Traxo and Business Travel Magazine The company was recently included in its 2021Tech HotList, a list of the “Top Technology Innovators Changing the Industry”. With Traxo, companies reduce risk, improve passenger safety and maximize savings. Learn more at www.traxo.com or follow us on Twitter and LinkedIn.

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Contacts

Traxo PR contact: Karen Weiser
[email protected] or (214) 215-8605

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