GetYourGuide secures USD194 million in funding
There are few issues as exhilarating because the moments of discovery. Connecting with a brand new place and sharing unbelievable experiences with pals and family members creates valuable reminiscences that we fondly look again to for a lifetime. Since their humble beginnings in 2009, at GetYourGuide they’ve been within the enterprise of serving to extra individuals unlock unforgettable experiences.
Within the first decade of their existence, they’ve grown from a small start-up with a daring imaginative and prescient to a scaled enterprise serving thousands and thousands of expertise seekers throughout a number of markets. Then the COVID-19 pandemic disrupted them at their core, inhibiting travellers from exploring the world.
The place others despaired, they noticed a singular alternative to enhance the foundations of the enterprise, in order that they may come again as a much bigger and higher firm. Because the finish of the lockdowns, travellers worldwide have flocked to GetYourGuide and booked with them at unprecedented scale and frequency. The expertise economic system is now on the focus and some of the thrilling industries of the long run. Johannes Reck, CEO and Co-Founder provides, “We’ve raised USD194 Million in new funding. Blue Pool Capital leads the USD 85 million Sequence F funding spherical, with participation from KKR and Temasek. As well as, UniCredit led the Revolving Credit score Facility (RCF) of USD 109 million, with participation from BNP Paribas, Citibank, and KfW.”
With this new funding, they’ll additional speed up innovation of their expertise and product growth, making certain that they meet and exceed their clients’ expectations whereas simplifying progress for his or her provide companions.