Summer鈥檚 coming up and families everywhere have been busy planning vacations. That鈥檚 where companies like Berlin-based come in.
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The ten-year-old travel activity platform just got a massive $484 million capital infusion to continue to help people book tours and activities on trips. The , which has been busy lately, led the round. Other investors included , , , (formerly Sunstone Capital), and by .
As part of the financing, , Partner at SoftBank Investment Advisers, is joining GetYourGuide鈥檚 board.
The round brings GetYourGuide鈥檚 total venture raised , according to its 附近上门 profile. In a , the company described itself as 鈥渢he new unicorn on the block鈥 but didn鈥檛 elaborate on its valuation.
GetYourGuide won鈥檛 give out revenue numbers but said it recently reached the milestone of having sold 25 million tickets. Will Gluckin, a company spokesperson, told me the company sold 10 million tickets in 2018 and that was 鈥渕ore than double鈥 what it had sold the previous year. 鈥淲e expect that trajectory to continue and speed up,鈥 he said.
GetYourGuide is planning to use its new funding to 鈥渂roaden its global inventory of experiences, deepening the capabilities of its platform to enhance the discovery and booking experience for users, and expanding and diversifying its marketing channels to reach millions of new travelers around the world.鈥
Specifically, GetYourGuide is planning to hire like crazy. Gluckin also told me that the company has already hired 100 people since the start of the year, bringing its headcount to 500. The company plans to have 800 employees by year鈥檚 end, he said. GetYourGuide has a presence in every continent except Antarctica, with 16 offices outside of its Berlin headquarters in cities such as Cape Town, Sydney and San Francisco. With the funding, GetYourGuide has already made a couple of C-level hires, including tapping , who most recently led the product team at , .
Indeed, the potential for what GetYourGuide is doing is huge. One study predicted that the tours and activities market .
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