Peek, the US-based travel activity booking service that counts talent agency CAA as an investor, has secured $23m in series B funding, TechCrunch reported on Tuesday.
The round was led by Cathay Innovation, the venture capital fund backed by private equity firm Cathay Capital, and also featured Manta Ray, I2BF and private investors Geoff Donaker and Paul English. Cathay Innovation CEO Denis Barrier will join Peek’s board of directors.
Peek runs an online platform where travellers can book tours and a range of sightseeing activities. It also provides booking software for tour operators, activity promoters and rental companies, enabling them to sell services online and manage their business on the go.
The funding was raised alongside the formation of a partnership between Peek and internet technology provider Google that will involve the former’s offers being made available on Google’s Google Search, Google Maps and Google Trips services.
The round took Peek’s total funding to about $40m, with CAA’s corporate venturing unit, CAA Ventures, having backed its $500,000 seed round in 2013 according to Crunchbase. CAA Ventures’ website also lists Peek as a portfolio company.
Peek raised $10m in series A funding from angel investors David Bonderman, Ray Lane, Pete Flint, Eric Schmidt, Jack Dorsey, Carl Sparks, Gigi Pritzker and Michael Pucker in 2016. Its other backers include Montage Ventures, SV Angel, Khosla Ventures, Innovation Endeavors, Brad Gerstner and Jeff Fluhr.