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TMC Upside shutting down due to Covid losses

Thursday, 16 September 20213 min read
TMC Upside shutting down due to Covid losses

Upside has become the latest victim of Covid’s impact on business travel. The Washington DC-based travel management firm is closing down. In a LinkedIn post announcing its demise it cited a virtual standstill in business travel and continued uncertainty over a recovery.

It was unable to raise additional capital to stem losses, CEO and co-founder Scott Case said. It will officially close for good on 24 September. The company was formed in 2016.

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