AAA GetYourGuide finds its way to $50m

GetYourGuide finds its way to $50m

Germany-based travel booking website GetYourGuide is set to receive $50m in series C capital from a consortium featuring Nokia Growth Partners, the corporate venturing subsidiary of communications technology manufacturer Nokia.

Investment firm KKR led the round, while Spark Capital, Highland Capital Partners and Sunstone Capital also took part.

Founded in 2009, GetYourGuide operates an online platform through which tourists book excursions and tours, and purchase tickets for attractions.

The company claims it currently offers more than 27,800 activities across more than 2,500 locations such as Paris, Shanghai and San Francisco.

KKR will assist GetYourGuide with its continued global expansion plans, and will also provide operational resources and access to its network.

Spark and Highland previously provided $25m in series B funding for GetYourGuide in July 2014.

The two investors also co-led a $14m first tranche for GetYourGuide’s series A round in 2013, before angel investor Kees Koolen led a $4.5m extension in January 2014, with the participation of Sunstone Capital and Fritz Demopoulos.

ProFounders Capital and assorted private backers invested in the company’s $2m seed round in 2012. GetYourGuide also secured $500,000 in pre-seed funding from unnamed investors in 2009.

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