German online travel startup, Tourlane has received a $24 million funding for multi-day tour booking. The Series B round of funding was led by American venture capital firm Sequoia Capital with participation from existing investors that include DN Capital, Holtzbrinck Ventures and Spark Capital. With the funding, the startup can now expand its services globally and enable itself to offer enhanced customer experiences with innovation. Notably, Tourane has raised a total of $34 million since its launch.
Julian Weselek, the co-founder of Tourlane, said, “Sequoia is the ideal partner as we continue to grow the company in size and reach. Our mission is to help travellers create tailored trips they will remember for a lifetime. With the new financial and strategic support from Sequoia, we will continue to invest and improve in the platform and enable more travellers around the world to plan their next adventure.”
Tourlane – an online speciality travel solution
Headquartered in Berlin, Tourlane was started by Julian Stiefel and Julian Weselek in 2016. The startup plans and books personalised multi-day trips for travellers in an affordable manner. It maintains a perfect sync with different logistics service providers including flights, accommodations, transfer and other related activities in the destination countries. As a result, tourists can explore the destination without any hassle of multiple bookings from different service providers at different levels. Further, the online platform allows its visitors to experience real-time pricing, availability, instant trip visualisation, and drag and drop modifications.
Tourlane has seen an increment of 800% year-over-year in its revenue. Presently, it has more than 120 employees in Germany. Post funding, the startup now plans to expand its team and recruit 100 more professionals including engineers and travel consultants.
Industry stalwarts like Airbnb co-founder Nathan Blecharczyk, Trivago founder Malte Siewert, GetYourGuide founder Johannes Reck and Fritz Demopoulos, the founder of Qunar founder had also invested in German startup Tourlane.
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