Tourlane funding news- Berlin-based Tourlane has Raised €25 Million in SeriesD Round Funding
Nov 14, 2024 | By Kailee Rainse
Tourlane, which offers personalized, AI-powered multi-stop travel experiences, has raised €25 million in Series D funding to become a leader in sustainable, data-driven travel across Europe and beyond.
SUMMARY
- Tourlane, which offers personalized, AI-powered multi-stop travel experiences, has raised €25 million in Series D funding.
- Founded in 2016 in Berlin Tourlane specializes in creating personalized AI-powered travel experiences.
Investor of the round
The funding round was led by Sequoia Capital, with support from Target Global, Qualtrics co-founder Jared Smith, and HV Capital.
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Julian Weselek, CEO and Founder of Tourlane said: “We are thrilled to continue our journey with Sequoia as our long-term trusted partner and to welcome Target Global as a new investors in the company. We created a great product that our customers love and we will continue to invest in AI, our offering and international expansion.”
Key highlights of Tourlane’s recent growth:
- Customer Satisfaction & Loyalty: It personalized trips and dedicated support have resulted in high customer satisfaction with over 100,000 travelers and an increase in repeat customers.
- Technological Advances: AI improvements have enhanced the travel experience boosting marketing trip recommendations, and customer service.
- Strong Growth: Tourlane achieved double-digit growth and expanded to multiple international destinations this year, focusing on digital efficiency and operational effectiveness to move closer to profitability.
Andrew Reed, Partner at Sequoia Capital said, “This is a unique moment in the history of travel. With AI, every traveler will have the opportunity to see the world through personalized custom travel experiences. Tourlane is positioned to delight millions of travelers in the years to come and expand its leadership position. The new funding will enable them to advance their AI development, expand into more countries, and continue delivering wonderful adventures to customers year after year,".
About Tourlane
Founded in 2016 in Berlin Tourlane specializes in creating personalized AI-powered travel experiences. Its platform lets travelers plan unique multi-stop trips to various destinations, using AI to offer tailored recommendations and top-notch customer support throughout the journey.
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