Total amount raised
$1.1 Billions
Latest funding date
Location
GetYourGuide has successfully raised significant funding through multiple rounds, attracting a diverse group of investors. The platform specializes in offering a wide range of tours, attractions, and activities worldwide.
Continue reading to delve into the details of GetYourGuide's funding journey and the key investors supporting this dynamic platform.
What Is GetYourGuide?
GetYourGuide, founded in 2009 in Berlin, Germany, is an online platform that connects travelers with local guides for unique experiences worldwide. The company was established by Johannes Reck, Martin Sieber, Pascal Mathis, Tao Tao, and Tobias Rein.
Specializing in booking tours, attractions, and activities, GetYourGuide offers a wide range of travel experiences, from cultural tours to food excursions and nature activities. The platform acts as a mediator between customers and providers, ensuring quality through a customer review system.
With a workforce of 501-1000 employees, GetYourGuide continues to expand its offerings, making travel more accessible and enjoyable for users around the globe.
How Much Funding Has GetYourGuide Raised?
- Series B
- Amount Raised: $25M
- Date: July 2014
- Lead Investors: Highland Capital Partners, Spark Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the platform's offerings and enhance its technology infrastructure.
- Series C
- Amount Raised: $50M
- Date: November 2015
- Lead Investors: Kohlberg Kravis Roberts
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enter new markets.
- Series D
- Amount Raised: $75M
- Date: November 2017
- Lead Investors: Battery Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and improve customer experience.
- Series E
- Amount Raised: $484M
- Date: May 2019
- Lead Investors: SoftBank Vision Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand globally and invest in new technologies.
- Convertible Note
- Amount Raised: €114M
- Date: October 2020
- Lead Investors: Searchlight Capital Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide financial flexibility during the COVID-19 pandemic.
- Debt Financing
- Amount Raised: €80M
- Date: February 2021
- Lead Investors: UniCredit
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational costs and ensure liquidity.
- Series F
- Amount Raised: $85M
- Date: June 2023
- Lead Investors: Blue Pool Capital
- Valuation at Round: $2B
- Motivation Behind the Round: To accelerate global expansion and product innovation.
- Debt Financing
- Amount Raised: $109M
- Date: June 2023
- Lead Investors: UniCredit
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide additional financial flexibility and support growth initiatives.
Total Amount Raised: $932M
Current Valuation: $2B
Key Investors
- Blue Pool Capital
- Details: Blue Pool Capital is a private investment firm that manages the wealth of Alibaba co-founders Joe Tsai and Jack Ma. The firm focuses on strategic investments in high-growth companies.
- Investment Focus Areas: Private equity, venture capital, high-growth companies.
- Notable Investments: Not publicly disclosed.
- Kohlberg Kravis Roberts (KKR)
- Details: KKR is a global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, and credit. The firm is known for its strategic investments and long-term value creation.
- Investment Focus Areas: Private equity, energy, infrastructure, real estate, credit.
- Notable Investments: ByteDance, Lyft, Epic Games.
- Temasek Holdings
- Details: Temasek Holdings is a Singaporean investment company with a diverse portfolio spanning various sectors. It is known for its strategic investments in companies that drive innovation and growth.
- Investment Focus Areas: Financial services, telecommunications, media, technology, transportation, industrials.
- Notable Investments: Alibaba, Airbnb, Gojek.
- UniCredit
- Details: UniCredit is a leading European commercial bank with a strong presence in 17 countries. The bank provides a wide range of financial services, including corporate and investment banking.
- Investment Focus Areas: Banking, financial services, corporate and investment banking.
- Notable Investments: Not publicly disclosed.
- BNP Paribas
- Details: BNP Paribas is a French international banking group and one of the largest banks in the world. The bank offers a wide range of financial services, including retail banking, corporate and institutional banking, and investment solutions.
- Investment Focus Areas: Banking, financial services, asset management, investment solutions.
- Notable Investments: Not publicly disclosed.
What's Next for GetYourGuide?
GetYourGuide is poised to capitalize on the burgeoning travel experiences market, valued at $300 billion. With a focus on expanding into key geographies like North America and leveraging AI for product innovation, the company is well-positioned to capture a significant market share. The integration of generative AI and the development of exclusive travel experiences are expected to enhance user engagement and drive growth.
Future fundraising opportunities appear promising, with potential for additional equity and credit financing rounds. The involvement of high-profile investors like Blue Pool Capital, KKR, and Temasek suggests continued interest from venture capital firms. However, challenges such as market volatility, competition, and the complexities of global expansion could pose hurdles. Ensuring the quality and uniqueness of experiences will be crucial as GetYourGuide navigates these challenges.
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