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Berlin Startup GetYourGuide Raises $50 Million Sequence C Round

The net travel startup, which employs greater than 200 people, goals to offer a one-cease-store for travellers to look, discover, e-book and digitally redeem travel experiences. The platform lists over 27,800 actions in more than 2,500 locations. Activities include everything from a Segway tour of San Francisco, to quick-observe tickets on the Eiffel Tower, to a river cruise in Shanghai.

The company said in a press launch that the collection C funding spherical was led by New York-primarily based funding agency KKR, with money additionally coming from new investor Nokia Progress Companions, and existing buyers Spark Capital, Highland Capital Partners, and Sunstone Capital. The latest spherical brings total investment in GetYourGuide to only shy of $100 million (£sixty six million).

On this website you won’t find the feedback of unbiased consultants or quotes from magazines and on-line media. Our specialists are our customers. Learn comments left by customers who found CureIt! to be actually helpful. London, Berlin and a number of other cities are fighting it out to turn into Europe’s leading know-how hub, with London possibly taking the edge because of the quantity of venture capital money available within the city.

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Johannes Reck, CEO and cofounder of GetYourGuide, claims that booking travel experiences offline is “fraught with challenges”. Reck mentioned: “Berlin’s startup scene is rising at an exhilarating pace. In the past years we’ve seen plenty of huge consumer platforms emerge, resembling Zalando, Supply Hero, Soundcloud or GetYourGuide.

GetYourGuide believes the worldwide marketplace for travel actions is $100 billion (£660 million). A Berlin startup called GetYourGuide raised $50 million (£33 million) immediately for its online and cell travel platform that helps travellers to discover and book journey actions worldwide.

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Reck mentioned: “Berlin’s startup scene is rising at an exhilarating pace. In the past years we have seen lots of large consumer platforms emerge, resembling Zalando, Delivery Hero, Soundcloud or GetYourGuide.

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