Subscribe
Login
Online Travel

Travel Booking App Omio Will Use Part of $100 Million in New Funding to Go Shopping for Acquisitions

Sean O'Neill photo
Sean O'Neill
new ICE train deutsche bahn omio source Deutsche Bahn AG and Siemens

Photo Credit: A simulated image of new ICE high-speed trains that Deutsche Bahn ordered from Siemens this year. Rail is a key product sold by Omio, a travel booking startup that has raised fresh funding. Deutsche Bahn AG and Siemens

Skift Take

This investor backing will help Omio speed up its quest to become a global booking brand for so-called multi-modal-trip booking.

Travel booking app Omio said Wednesday it had raised $100 million (€83.7 million) in convertible debt from existing and new investors, such as Temasek, Kinnevik, Goldman Sachs, NEA, and Kleiner Perkins. The Berlin-based company, which offers consumers multi-modal search for flights, trains, buses, ferries, car rentals, and other transportation, had previously raised $296 million in venture equity. "We are very impressed how fast and effective Omio adapted to such an unprecedented crisis for the global travel industry," said Georgi Ganev, CEO of Kinnevik. "The management team has

Online travel coverage is exclusive for Skift Pro subscribers.

Subscribe for full access to all Skift coverage for as low as $55 a month.
See the latest online travel headlines.

Apple Pay, Google Pay, Paypal, VISA, Mastercard, Discover, American Express

Already a subscriber? Login