Tourlane Raises $24 Million for Multi-Day Tour Booking: Travel Startup Funding This Week
Sean O'Neill
December 7th, 2018 at 1:30 AM EST
Skift Take
This week investors bet more than $104 million on companies that help people plan trips (Tourlane, SnapTravel, Fineway, and AsiaYo), recruit hotel workers (Hosco), create adventure travel content (Roam), and book medical tourism (Hospals).
This week travel startups announced more than $104.6 million in venture capital funding.
Earlier this week, Selina, an operator of mixed-use spaces for travelers, said it had received $150 million in real estate funding from DD3 Capital Partners. Selina, which calls itself a hospitality group and community for millennial travelers, had raised a $95 million Series B investment round earlier this year.
Earlier this week we reported that HomeToGo, a vacation rental price-comparison search engine, had raised an undisclosed "multi-million" dollar round.
Industry observers estimated the undisclosed sum as likely being at least $28 million (€25 million). The company declined to say if the latest investment was an extension of its Series C round.
HomeToGo, based in Berlin, said that its total raised to date is $150 million.
The startup, founded in 2014, didn’t reveal who led the round. But the company’s investors include most prominently Insight Venture Partners. Also participating are Acton Capital Partners, DN Capital, and Global Founders Capital (an arm of Rocket Internet). This group has recently expanded with investments from Lakestar and Princeville Global, the company said.
>>Tourlane, a multiday tour booking company, said it had raised a $24 million (€21.1 million) in a Series B investment round.
Sequoia, the top-tier venture firm, led the round as a new investor. Past investors Spark Capital, Holtzbrinck Ventures, and DN Capital also participated.
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