Travel Startup Tourlane Raises US$ 47 Million in Series C Funding

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Tourlane has managed to raise US$ 81 million in just over 13 months which will be used for product development and hiring.

Berlin-based travel startup Tourlane that offers planning and booking service for customized, exclusive, multi-day trips has managed to raise US$ 47 million in C round. The funding was led by Sequoia and Spark Capital, along with DN Capital and HV Hotlzbrinck Ventures. The series C funding came six months after the B and it is said that it will be used for further international expansion, product development, and hiring. The company has raised US$ 81 million in just over 13 months has been regarded as one of the most promising startups in the industry.

The company co-founder and co-CEO Julian Stiefel released a statement where he said, “The additional capital will help us strengthen our position and continue our international growth to create the best experience in travel. We’re thrilled to continue working with our high-class investors and are extremely proud of the hard work, commitment and effort of our great team at Tourlane.” To offer the best travel experience, Torulane’s unique service combines the advantages of data, technology, and expert travel consulting.

The company directly works with the service providers and offers the customers flight, accommodation, activities, tours, and transfer options all in one place. Tourlane helps to prevent the frustration of different vendors and travel agents. Andrew Reed who is a partner at Sequoia said, “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.” By visiting Tourlane’s website or app users get connected to travel experts online and get different offers available.

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