Exoticca funding news – Barcelona-based TravelTech Startup Exoticca Raises €25 Million in Funding

This funding comes on top of the company’s recent €60 million Series D round led by Quadrille Capital, bringing the total amount raised in this round to €85 million.

Pere Vallès, CEO of Exoticca said, “This additional funding from BBVA Spark provides us with even more flexibility to continue innovating our business model and expanding our international presence, particularly in key markets like North America, where we already generate over 75% of our business,”.

With this funding, it is strengthening its mission to change how long-distance travel is booked, planned, and experienced, while also speeding up its expansion into important international markets.

The money will also help the company focus more on its AI technology, making travel planning even easier and improving the customer experience.

It’s AI platform automates key tasks like connecting different travel services, personalising recommendations based on user preferences optimising prices, and simplifying the creation of complex travel plans.

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By using machine learning and automation, it wants to make travel planning easier and more intuitive. This will simplify booking multi-stop trips while offering competitive prices, better routes and personalised suggestions.

These improvements will not only make the travel experience better for customers but also strengthen Exoticca’s relationships with its global network of travel partners creating a more efficient and scalable system that benefits both travellers and partners.

The company aims to become a global leader in “connected trips”—combining multiple travel services and destinations into a smooth, digitally-optimised experience.

As Exoticca grows, it plans to lead the digital transformation of the long-haul travel industry, which is worth over €100 billion a year, according to the company.

Vallès said, “Exoticca was born with the mission of revolutionising the long-haul travel sector that requires connecting multiple locations and services, digitalizing a category that has historically relied on physical channels and manual processes,".

This funding is another big step in Exoticca’s fast growth, strengthening its focus on technology, automation, and creating travel experiences that put customers first.

About Exoticca

Exoticca is an online travel company founded by industry experts to help people around the world make their dream trips come true. They’re dedicated to offering amazing travel packages at unbeatable prices and providing unforgettable experiences.