Boston-based corporate travel company Lola.com has secured $37 million in Series C funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced March 26 and led by Accel.
According to its Crunchbase profile, "Lola.com makes managing corporate travel easy, fast and agile. They provide your company with the visibility and control you need while giving your travelers the amazing experience they want."
The four-year-old startup has raised two previous funding rounds, including a $25 million Series B round in 2017.
The round brings total funding raised by Boston companies in software over the past month to $69 million, an increase of $31 million from the month before. The local software industry has seen 146 funding rounds over the past year, securing a total of $2 billion in venture funding.
In other local funding news, mineral exploration company Geopredict announced a $150,000 seed funding round on March 18, financed by Y Combinator.
According to Crunchbase, Geopredict "provides critical solutions that enable better exploration decisions, improve the odds of finding viable deposits, and avoid wastefulness. They are solving the problems for decision makers of the exploration industry."
The company also raised a grant in 2016.
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