Exoticca funding news – Barcelona-based Exoticca Secures €60 Million in Series D Round Funding

Traditional travel operators with very low levels of digitisation dominate the multi-day tour package market. Due to this, travel companies are unable to provide consumers with sophisticated package price and availability in real-time, which makes the purchasing process difficult and time-consuming.

By linking local businesses at the destination with travel agencies and other online players, Exoticca's technology connects all the various services (flights, hotels, meals, transfers, transportation, and activities) needed to book multi-day tours, offering the widest distribution network for tour package sales.

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Exoticca has reduced the time it takes to arrange complicated long-distance travel to just a few minutes by digitising every step of the process. Additionally, it can ensure that consumers receive the best deals possible, often saving up to 30% when compared to other travel agencies.

With the help of this most recent round of funding, Exoticca will be able to expand its platform and use AI to enhance its product offering, enhance customer satisfaction, and increase its partners' profitability. The company's main goals are to become a market leader in the world, expand into new areas, and hasten the platform's uptake by other online travel partners and conventional travel agents.

Pere Vallès, CEO at Exoticca, commented: “While the rest of the travel industry has become digitised, the multi-day tour space has remained stagnant, with customers stuck with inconsistent, time-consuming booking experiences. Exoticca’s mission is to bring multi-day tour packages into the digital age, making dream trips accessible and affordable to everyone. The new funding will accelerate our vision and allow us to substantially increase our investment in technology, product and growth.”

Alejandra Duran Gil, Partner at Quadrille Capital, said: “Exoticca is revolutionising the travel booking experience worldwide, significantly enhancing efficiency and affordability for travellers. Exoticca’s strong financial foundation and the team’s exceptional execution are at the heart of our investment thesis. We are looking forward to supporting the company in its next phase of growth, leveraging our technology and financial expertise to contribute to its continued success.”

With the help of a trip Concierge App, extensive real-time monitoring, and an automatic response system for every service included in the package, the platform further improves the trip experience for users.

About Exoticca

Since 2013, Exoticca, a rapidly expanding online tour operator, has been causing waves in the travel technology industry. These days, more than 400 enthusiastic travel professionals collaborate with them every day to open up amazing places to more people globally than ever.

Exoticca delivers incredible vacation packages at never-before-seen costs while making sure that local communities benefit from their business. They do this by creating cutting-edge tech-based solutions and collaborating directly with reputable local operators.