Funding Round attributes
Tourlane, a Berlin-based online travel company, has raised €25 million in a Series D funding round led by Sequoia Capital, with participation from Target Global, Jared Smith (co-founder of Qualtrics), and HV Capital. This latest investment will support Tourlane's development of AI-driven travel experiences, international expansion, and the addition of new destinations to meet growing customer demand.
Founded with the mission to connect travelers to personalized journeys through local expertise, Tourlane combines the insights of local travel experts with advanced technology. CEO Julian Weselek highlighted the significance of Sequoia’s ongoing support, stating, “We are thrilled to continue our journey with Sequoia as our long-term trusted partner and to welcome Target Global as new investors in the company. We created a great product that our customers love, and we will continue to invest in AI, our offering, and international expansion.”
Sequoia Capital's Andrew Reed also expressed enthusiasm about Tourlane’s role in transforming the travel industry through AI, stating, “This is a unique moment in the history of travel. With AI, every traveler will have the opportunity to see the world through personalized custom travel experiences.”
The funding positions Tourlane to enhance its technology platform, expand into new markets, and further solidify its leadership in providing custom-tailored travel solutions. With high customer satisfaction and a growing base of repeat travelers, Tourlane aims to leverage this funding to drive growth in the evolving travel landscape.