Tourlane snags $47 mln


Berlin-based Tourlane, a planning and booking service for trips, has secured $47 million in funding. Sequoia and Spark Capital led the round with participation from DN Capital and HV Holtzbrinck Ventures.

PRESS RELEASE

Berlin, Germany, May 7th, 2019 – Tourlane, the planning and booking service for customized, exclusive multi-day trips, has raised $47 Million within six months of its previous investment. The round was led by existing investors Sequoia and Spark Capital who also led the recent Series B. Previous investvors DN Capital and HV Holtzbrinck Ventures also reaffirm confidence in Tourlane. This Series C funding provides Tourlane with additional capital to support further international expansion plans, hiring and product development.

“We’re thrilled to continue working with our high-class investors and are extremely proud of the hard work and commitment of our great team at Tourlane,-” said Julian Stiefel, Co-CEO & Co-Founder of Tourlane. “The additional capital will help us strengthen our position and continue our international growth to create the best experience in travel,” Julian Weselek, Co-CEO & Co-Founder of Tourlane continued.

To create the best travel experience, Tourlane’s unique service combines the advantages of technology, data and expert travel consulting. The company works directly with service providers and offers customers flights, accommodations, tours, activities, and transfer options all in one place. With Tourlane, guests can avoid frustration and save time when coordinating multiple bookings from different vendors or working with offline travel agents. The platform provides real-time pricing, availability, instant trip visualisation, and drag-and-drop adjustments to make multi-day trip planning easy.

“Tourlane’s impressive growth and passionate community of users reinforce the uniqueness of what they’re doing. Tourlane is truly redefining the way people experience travel”, said Andrew Reed, Partner at Sequoia.

“Tourlane is on a path to become a transformational company. The recent growth trajectory has confirmed the potential that their digital solutions can realize for their customers. We’re delighted to be working with Tourlane” said Alex Finkelstein, General Partner at Spark Capital.

Tourlane’s success and growth is fueled by a focus on making planning and booking multi-day trips easy and affordable for users. Therefore Tourlane provides a new, streamlined approach to a travel market that has a scope of $ 150 billions. Tourlane has raised $81 Million in just over 13 months and already employs more than 200 people. The who’s who of the travel sector got in on the ground floor by investing in previous angel funding rounds, including Airbnb founder Nathan Blecharczyk, GetYourGuide founder Johannes Reck, the founders of HomeToGo, as well as Qunar founder Fritz Demopoulos and the Trivago founders Malte Siewert and Rolf Schrömgens. With the new capital Tourlane is again expanding across all areas of the company.

About Tourlane
Founded in Berlin in 2016, Tourlane allows individuals and groups to affordably plan and book personalized, multi-day tours online – cutting out the time and frustration of coordinating multiple bookings from various vendors or going through an offline travel agent. By visiting the site or using the app, users are connected online to qualified travel experts who will personally assist them during their first consultation, the booking process, and the actual trip. With everything from the flights to the accommodation to all on-site activities being taken care of, users have the opportunity to arrange tailor-made travel packages with their personal travel expert completely free of charge. Any trip, whether it is a safari in Tanzania, a trip to the Galapagos Islands or an expedition to New Zealand, is tailored to the traveler’s individual needs, handpicked by travel experts and booked in just a few clicks.

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