BizAway Acquires Aervio to Boost AI Capabilities in Corporate Travel Management

Corporate travel tech company BizAway strengthens its AI-powered business travel offering with the strategic acquisition of Aervio.

BizAway, a fast-growing travel management scale-up with offices in Italy, Spain, Albania and Dubai, has announced the acquisition of Spanish travel tech startup Aervio. The move aims to enhance BizAway’s AI capabilities and solidify its leadership in the business travel management sector.

Founded in 2015 by Luca Carlucci and Flavio Del Bianco, BizAway is transforming the way companies manage corporate travel through a tech-driven, user-friendly platform. The acquisition of Aervio—an AI-based travel management company founded in Barcelona in 2016—marks a significant step in BizAway’s growth and innovation strategy.

Aervio has built a strong reputation in the travel tech space for its proprietary platform, which leverages Natural Language Processing (NLP) to streamline travel bookings. Its AI tools reduce the time required for search, booking and billing by up to 90%, offering companies a faster, smarter approach to managing business trips.

By integrating Aervio’s technology and team, BizAway plans to enhance its own AI-powered platform further, providing an even more personalised and efficient experience for business travellers. Most of Aervio’s employees will join BizAway’s Spanish offices as part of the integration.

This acquisition represents a major milestone in our mission to redefine business travel through technology.

Artificial intelligence is reshaping the travel industry, but we believe it must be combined with a strong human element—especially in customer service. We are committed to offering an empathetic, expert-led approach to travel support that truly understands the needs of companies and their employees.

said Luca Carlucci, CEO and co-founder of BizAway.

I’m excited about the future we’re building together. BizAway shares our vision of using AI to revolutionise business travel, and I’m proud that our platform and team will contribute to this next chapter.

added Santiago Montero de Quadras, CEO of Aervio.

The acquisition follows a strong growth trajectory for BizAway. Since its inception, the travel tech company has raised over €50 million in funding, including a €35 million Series B round in September 2024 led by Mayfair Equity Partners. BizAway is also backed by leading investors such as MundiVentures, Azimut Digitech Fund, FNDX, GELLIFY, EXOR Seeds, and illimity.

With this acquisition, BizAway reinforces its position at the forefront of the corporate travel technology sector, offering scalable solutions that blend artificial intelligence with human-centric service to meet the evolving demands of modern business travel.