Berlin startup picks $484 million through its tourism activity app

Saturday, May 18, 2019

GetYourGuide — a Berlin startup that has built a popular marketplace for people for discovering and booking sightseeing tours, tickets for attractions and other experiences around the world, has announced that it has picked up $484 million, a Series E round of funding that will propel its valuation above the $1 billion mark.

GetYourGuide said that it is the highest-ever round of funding for a company in the area of “travel experiences”, a market that is estimated to be worth $150 billion this year and going up to $183 billion in 2020. And this Series E is also one of the biggest-ever growth rounds for any European startup.

Currently, the company has sold 25 million tickets for tours, attractions and other experiences, with an existing catalog of some 50,000 experiences on offer. The funding is being led by SoftBank, via its Vision Fund, with Temasek, Lakestar, Heartcore Capital (formerly Sunstone Capital) and Swisscanto Invest among others taking part.

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