By taking a data-driven approach to its location, real estate, and workplace decisions, TripActions has successfully managed 600% hiring growth, expanded in 9 markets, saved millions of dollars in costly markets, and attracted top talent in every region.
Palo Alto-based TripActions, one of the fastest-growing tech companies in the country, credits its success with retaining and attracting an incredibly talented team.
With a plan for immense headcount growth and expansion into several domestic and international markets over the coming 12–24 months, TripActions’s Head of Finance wanted to find a real estate partner that could help formulate and execute on an aggressive growth strategy.
Hired in May 2018, T3 built a foundation of trust with the TripActions team and helped inform every real-estate decision with data and peer benchmarking. This included delivering quarterly business reviews with the real estate team to help them operate with more efficiency and clarity.
In addition to aggressive negotiating on leases and subleases, T3 executed transactions in each market that maximized flexibility to accommodate TripActions’ rapid growth.