TravelBird flies high with big raise to fuel growth
TravelBird, an online deals specialist has raised Euro 16.5 million via Global Founders Capital, a subsidiary of Rocket Internet.
Rocket Internet’s investment in the startup now totals Euro 32.1 million, following previous rounds, and amounts to a 25.2% share of the Netherlands-based company.
TravelBird plans to use the funds to create a mobile offering for travellers as well as expand into three new countries including Australia, its first outside Europe.
In a statement, the startup says in the past year the team has grown from 170 to more than 650 today and expanded from eight to 17 countries.
TravelBird boss Symen Jansma says:
“Mobile is the future in travel, and we want to make travelling as easy as possible. We want our travellers to have access to any kind of information, tips or simply ask questions at all times.”
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