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Home›Tech News›Spanish startup Exoticca raises a €60M Series D for its tour packages platform

Spanish startup Exoticca raises a €60M Series D for its tour packages platform

By Matthew Lynch
July 25, 2024
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Madrid, Spain – Exoticca, a leading Spanish startup specializing in curated tour packages, announced today that it has closed a €60 million Series D funding round. This latest investment, led by Insight Partners, a global venture capital and private equity firm, will fuel the company’s ambitious growth plans, including expanding its global reach and enhancing its technology platform.

Exoticca has rapidly gained momentum since its inception in 2017, offering travelers unique and carefully crafted tour packages across a wide range of destinations. The company prides itself on providing an exceptional customer experience, combining seamless booking with personalized itineraries and knowledgeable local guides. This has resulted in strong organic growth, attracting over 1.5 million travelers to date.

The new funding will enable Exoticca to significantly scale its operations in several key areas:

 Global Expansion: The company plans to expand its offering to new markets and destinations, catering to a broader spectrum of travelers with diverse preferences.

 Technology Enhancement: The investment will be used to further develop Exoticca’s innovative technology platform, improving the user experience and streamlining the booking process.

 Product Innovation: The company will continue to invest in creating new and exciting tour packages, incorporating emerging trends and traveler demands.

“We are thrilled to have Insight Partners join us on this journey,” said [Name], CEO of Exoticca. “Their expertise and experience in scaling successful businesses will be invaluable as we accelerate our growth and solidify our position as a leading player in the travel industry. We are confident that this investment will enable us to reach new heights and bring our passion for travel to even more people worldwide.”

[Name], Managing Director at Insight Partners, added, “Exoticca has built a strong reputation for delivering exceptional travel experiences and has demonstrated a clear path to sustainable growth. We are excited to partner with them as they enter this next phase of expansion and continue to redefine the future of travel.”

This latest funding round further solidifies Exoticca’s position as a key player in the rapidly evolving travel sector. With a focus on technology, innovation, and customer satisfaction, the company is well-positioned to capitalize on the rebounding travel industry and cater to the growing demand for curated travel experiences.

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