Holidu, a Munich, Germany-based travel tech company, received an investment of more than €4m former Booking.com CEO Kees Koolen.
Koolen has invested into the company from his personal fund as part of a €5m extension to the €40m Series C round of the previous year.
Founded by brothers Johannes and Michael Siebers in 2014, Holidu provides a search engine for vacation rentals which allows travelers to book the ideal accommodation listed by Holidu’s 1,000+ partners worldwide. The company also provides holiday rental owners with a software and service solution under the Bookiply brand. This enables owners to increase their bookings by distributing properties to the largest travel websites, synchronizing calendars, and creating multilingual descriptions and professional photos.
The company turned profitable in May and since then generated seven-digit positive EBIT figures. In July alone, more than 27 million users visited the website, resulting in a 2.6x growth in year-on-year bookings and more than €130 million of newly generated bookings that month.
Holidu now has a team of more than 200 people.