TravelLocal Raises £8.3M in Series B Funding


TravelLocal, a Bristol, UK and Berlin, Germany-based holidays brand and managed marketplace, raised £8.3m in Series B funding.

The round was led by Puma Private Equity with participation from existing investors Active Partners and Gresham House Ventures.

The company intends to use the funds to accelerate international growth, including investment in its managed marketplace platform and further brand marketing.   

Led by Tom Stapleton, CEO, and Mark Hudson, Executive Chairman, TravelLocal is a global brand and receives bookings from clients worldwide, as a managed marketplace. Its model connects its customers directly with local travel experts based in their destination. The platform enables bookings with over 500 individual local travel experts around the world, who create personalised itineraries directly with and for the client. They work in 271 curated partner companies. This combines the benefits of human advice from vetted local experts, the convenience of being able to book online and full consumer financial protection (through ABTA and ATOL in the UK). Since the business was founded in 2016, TravelLocal has helped more than 70,000 customers create the perfect trip.