Berlin-based travel platform GoEuro has just raised a $27 million investment round led by New Enterprise Associates (NEA). Led by existing investors Battery Ventures, Hasso Plattner Ventures, and Lakestar, the funding is intended to push forward faster the startup launched last May.
GoEuro allows travelers in Europe to see an online overview of travel prices, rail and bus times, and other route/tour specific data that helps simplify their travels. Users can plan routes from towns and villages, then compare prices for the relative modes of transportation. No longer do Europe tourists have to visit several sites to find out their “best case” travel plans, GoEuro helps solve that point of pain.
The GoEuro platform currently works in 7 countries; Belgium, Germany, Italy, Luxembourg, Netherlands, Spain, and in the UK offering up some 20,510 railway stations, 10,011 bus stations, and 207 airports. According to the company, many more distentions and routes are being added soon. Forest Baskett, General Partner at NEA, offered this to the press:
“By delivering a beautifully simple solution to a highly complex technology problem, GoEuro is rapidly gaining traction in a market that is ripe for transformation. Addressing the €200B-plus European travel market is an enormous opportunity, and NEA is thrilled to partner with GoEuro as the company expands its platform across Western Europe and to the international travel community.”
For more information about the recent GoEuro news, please contact:
Robin Wilfert, GoEuro Travel Corp,
+49 172 148 2497, press@goeuro.com
