Tourlane, the Berlin-based booking platform and online travel specialist, today announced it has raised €21.1 million in Series B funding led by Sequoia Capital with participation from existing investors Spark Capital, Holtzbrinck Ventures and DN Capital. This funding brings Tourlane’s total capital raised to about €30 million.
Over the past 12 months, Tourlane has seen its revenue increase by 800% year-over-year. The travel startup intends to use this new funding to expand internationally and continue investing in innovations to further enhance the booking and customer experience.
Founded 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. Tourlane’s proprietary software includes real time pricing, availability, instant trip visualization, and drag-and-drop adjustments to make multi-day trip planning easy. The company works directly with service providers in the destination countries sourcing high-quality flights, accommodations, tours, activities, and transfer options for travelers.
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