Home / Tech News / GoEuro raises $150 million for its travel aggregator

GoEuro raises $150 million for its travel aggregator

Berlin-based startup GoEuro simply raised a brand new $150 million funding spherical from Kinnevik and Temasek, with Hillhouse Capital additionally taking part. According to Crunchbase, the corporate has raised practically $300 million thus far.

Chances are you’ve used some kind of flight aggregator earlier than to check costs and discover one of the best deal. But for those who stay in Europe, this isn’t sufficient. Sometimes, you wish to examine flights with trains and buses.

GoEuro means that you can do exactly that. After getting into two cities, you’ll be able to examine all attainable routes and guide a ticket.

This is a tedious drawback as there are numerous of airways, prepare and bus firms. But it is usually a distinct providing in comparison with all of the flight aggregators on the market.

You can see why buyers see some worth in GoEuro. Transportation in Europe is fragmented. You can guide tickets for 80 % of transport suppliers on GoEuro. It creates an vital barrier to entry for different aggregators. In different phrases, along with producing income from ticket gross sales, GoEuro’s expertise platform is efficacious by itself.

GoEuro operates in 36 European nations and works with all transportation suppliers in 15 markets. In truth, GoEuro not too long ago acquired BusRadar to enhance bus search outcomes. 27 million individuals use GoEuro each month.

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