October 24, 2018

Berlin travel site GoEuro raises $150 million


GoEuro allows users to book trips across transportation modes such as planes and trains and across borders. The company’s primary goal is to unify all types of travel booking on a single platform.

GoEuro, the leading booking platform for transport across Europe, has raised $150 million in one of the largest-ever investment rounds in Germany, doubling the company’s total capital raised to date. The company plans to use the funds to advance its vision of unifying transport globally by accelerating product innovation and expanding into new markets, facilitating more convenient travel booking across the world.

Launched five years ago as a metasearch engine, GoEuro today operates the leading multi-modal transport booking platform in Europe, making direct sales on its platform for 80% of its transport providers.

Since its last fundraise in October 2016, has scaled substantially across many fronts. GoEuro now offers ground and air travel options in 36 countries across Europe and full coverage in 15 of those markets, and more than 27 million people use GoEuro each month, three quarters of whom use mobile devices to access the platform. Additionally, GoEuro recently completed its first acquisition, of European transport aggregator BusRadar, based in Karlsruhe, Germany.

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