Tours and Activities Site GetYourGuide Secures a $75 Million Funding Round
Photo Credit: GetYourGuide's founders wearing orange shirts (Tao Tao on the left, Johannes Reck in the center) posed for a photo with some of the company's board members -- Philipp Freise, Kees Koolen, and Fritz Demopoulos -- but not its newest one from Battery Ventures. Alex Finkelstein from Spark Capital is between Tao and Reck. GetYourGuide
Skift Take
Whoever said there's no money in tours-and-activities may want to have a chat with the folks at Battery Ventures, whose investment in GetYourGuide brings that startup's total funding to $175.5 million.
Tours-and-activities booking platform GetYourGuide has secured a $75 million Series D funding round. It's the sector's largest single fundraising amount to date.
The Berlin-based company has now raised $175.5 million since its founding in 2009.
Leading the investment is Battery Ventures, a U.S. venture firm that has invested in several travel start-ups like ITA Software, a technology firm later bought by Google; and Sabre Holdings, a technology company that later went public; HotelTonight; Duetto; Gogobot; (which was just acquired by Ctrip), IHS, and Go Euro.
GetYourGuide's previous investors also participated, such as KKR, Spark Capital, Highland Europe, Sunstone Capital, and Nokia Growth Partners.
The Series D round comes just weeks after its new-ish rival marketplace, Hong Kong-based Klook, raised $60 million in a round led by Goldman Sachs. Klook differs slightly in its emphasis on delivering vouchers via QR code for ticketing (a popular method in Asia Pacific) and in
