GetYourGuide Raises $50 Million Growth Round Led By KKR

From its founding in 2009 in Zurich, GetYourGuide has grown to be one of the world’s most successful online travel startups with more than 200 employees and a global product offering and customer base. Over the past 6 years, GetYourGuide has made the treasures of the Vatican museums just as accessible as chasing the Northern Lights in Iceland or climbing the hidden parts of the Beijing wall. The startup has served millions of travellers. At the same time GetYourGuide brought thousands of travel activity suppliers online and exposed them to a global online audience. Many innovative and customer-centric new tourism businesses have been built on top of the platform and are thriving.

Today the start-up has achieved the next big milestone. GetYourGuide announcies a $50M Series C fundraise led by KKR, one of the world’s most prestigious investment funds. The company's existing investors, Spark Capital, Highland Capital Partners and Sunstone Capital as well as new investor Nokia Growth Partners (NGP) will join KKR in its round of financing.

In a blogpost CEO Johannes Reck comments: “The reason that this is a special day for GetYourGuide is less about the large fundraise and more about the opportunity that it opens up for us. You only get blessed very few times in your life with the shot to solve a unique problem and change an industry. This is our shot at GetYourGuide.

In the past few years, we have started to turn the travel industry upside down and I cannot wait to see what’s next. With KKR on board, we have the confidence and financial means to aggressively pursue our long term vision and change a lot more travel experiences for the better.”

Philipp Freise, Member and Head of the European Media & Digital Investment team at KKR, said: "We are excited to partner with the founder-led GetYourGuide team, which operates in the highly attractive global market for leisure activities. The company has a tremendous opportunity to take the clear leadership position in the fast growing large market for digital leisure travel. Similar to our recent digital-driven European investments in Trainline, Scout24 Switzerland, Fotolia, arago and BMG, KKR will help unleash GetYourGuide's enormous potential. After our investments in BMG and Fotolia, this transaction marks KKR's third growth investment in Berlin, one of Europe's leading technology ecosystems which we are delighted to be a part of."