September 11, 2018

French travel marketplace Evaneos raises €70 million to fuel its global ambitions


Paris-based travel marketplace Evaneos has raised a whopping €70 million, plans to use the money to expand its offering to North America.

Founded in 2009, Evaneos operates a platform that helps tourists connect with a curated list of local travel agencies to book personalized trips. The company says it has had more than 300,000 customers and has signed up 1,200 travel agents.That has made the service a hit in many of the biggest European markets. Now it’s looking to go further.

“Our business model is attracting an increasing number of European travellers each year, which makes us confident in our ability to become a global player in the tourism industry,” said Evaneos cofounder and president Eric La Bonnardière, in a statement. “This investment will now give us the necessary resources to move forward with even greater ambitions, and I look forward to welcoming our new international investors who will be at our side every step of the way.”

The company has 180 employees in Paris and says it will hire another 70 as part of its expansion plans, which include targeting North America.

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