Online multiday tour travel marketplace TourRadar announced it has completed a $6 million round of Series A funding to further accelerate its explosive growth.
TourRadar, headquartered in Vienna, has experienced rapid growth over the last year, tripling its booking revenues and expanding its base of more than 500 tour operators running trips to over 200 countries.
Following a partnership with Amadeus and Rough Guides, the Series A investment will support the company’s continued expansion and fuel the growth of marketing and its team.
TourRadar currently employs 40 selfconfessed travel geeks, with plans to grow to 70 within the next year.
TourRadar CEO and cofounder, Travis Pittman, said “we are excited to have new investors on board who have hands-on experience in scaling consumer businesses like Zalando, Groupon and Google.”
TourRadar has gathered over 50,000 traveller reviews and become a trusted authority in the touring industry. This trust is essential for travellers booking and paying US$2,000+ products online.
“Our team has built the best technology platform this industry has ever seen and with this investment our operator’s products will be exposed to millions of travellers through our own consumer marketing efforts and distribution partners like GDSs, OTAs, Metasearch platforms and Content Publishers via our simple bookable API,” Pittman added.