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Online Travel

CEO Interview: GetYourGuide Funding Was Protection Against Bigger Players

Dennis Schaal photo
Dennis Schaal

Photo Credit: Johannes Reck, co-founder and CEO of Berlin-based GetYourGuide, says it's still early days in the tours and activities market and competitors are engaged in a global 'land grab' now. GetYourGuide

Skift Take

With GetYourGuide's latest funding, making it the most heavily funded startup in the annals of tours and activities, a potential acquisition price just got racheted up. With TripAdvisor's acquisition of Viator, the market indeed is a "land grab" now for global expansion.

GetYourGuide announced a $25 million Series B funding round today, but co-founder and CEO Johannes Reck tells Skift that he actually signed the deal last week on the day that TripAdvisor revealed it was acquiring rival Viator for $200 million in cash. Insiders in the tours and activities sector knew that Viator, founded in 1995 and with around $20 million in funding, has been trying to sell itself for some time. Reck of GetYourGuide says the company's Series B funding round, which brings its total funding to $45.5 million,

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