GetYourGuide Grabs $134 Million Loan for Experiences Bookings: Travel Startup Funding This Week
Photo Credit: A walking tour of the Coliseum in Rome booked via GetYourGuide, an online travel agency. GetYourGuide
Skift Take
Ten travel startups collectively announced more than $167 million in funding lately. Concepts included the online booking of tour guides, tour packages, Vietnamese domestic travel, Indian hotels, and e-visas.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.
This week, travel startups announced more than $167 million in funding.
>>GetYourGuide, the experiences booking agency, has raised a $134 million (€114 million) convertible debt note. All investors including largest backer Softbank participated, and the round added a new investor, Searchlight.
"The loan will convert into equity at the next round or an initial public offering," said a spokesperson for the Berlin-based company.
The company announced the move a couple of weeks after announcing layoffs of 100 workers.
>>The Wanderlust Group, a startup that helps boaters reserve docks via the booking sites Dockwa and Marinas.com, has raised $14.2 million in a Series B funding round.
Allen & Company, Alaris Family Office, and several other individual and family offices participated.
Since launching online bookings in 2015, the company has helped more than 250,000 boaters reserve time and space at more than 15,000 marinas.
A 2019 study from the National Mari
