Travel Tech Company GoEuro Receives $150M Growth Investment

goeuroGoEuro, a Berlin, Germany-based booking platform for transport across Europe, raised $150m in growth funding.

The round was led by Kinnevik AB and Temasek, with participation from Hillhouse Capital. In conjunction with the funding, Cristina Stenbeck, main shareholder of Kinnevik and a member of the boards of Kinnevik and Spotify, will join GoEuro’s board of directors.

The company plans to use the funds to accelerate product innovation and expand into new markets.

Led by Naren Shaam, CEO and Founder, GoEuro is a travel platform that allows customers to find and book trains, buses and flights across Europe. Partnering with over 800 European transport operators, the system lets travellers search for any location, including cities, towns and villages, showing the best possible transport combinations while eliminating the need to visit multiple websites to plan an entire trip.

The company has over 300 employees from more than 45 different countries.

FinSMEs

23/10/2018

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