We are proud to announce that Exoticca, a Kfund portfolio company, has successfully raised €60 million in a Series D funding round! This round was led by Quadrille Capital.
Our journey with Exoticca began in 2018 when we participated in their Series A round of funding. We continued to support them through subsequent rounds in 2019 and 2021.
This new influx of capital will enable Exoticca to enhance its platform by utilizing AI to improve its product offerings, elevate the customer experience, and increase profitability for its partners. The company is dedicated to establishing a leading global brand and expanding into new markets, driving the platform’s adoption among traditional travel agencies and online travel partners alike.
Exoticca is leading the digitization of multi-day tour packages to enable the online sale of complex trips with multiple components (flights, hotels, transfers, activities, etc.). They offer a frictionless purchasing experience while guaranteeing the best prices through a combination of disintermediation and automation.
The multi-day tour package sector, valued at over €100 billion, remains one of the few segments in the travel industry still dominated by traditional tour operators with minimal digitization. This lack of digital advancement prevents travel agencies from providing real-time pricing and availability for complex packages, resulting in a cumbersome and time-consuming purchasing process for customers.
It is inspiring to witness how a company has not only overcome the immense challenges posed by the coronavirus pandemic but has also emerged stronger than ever.
Kudos to Pere Vallès, Lluis Vidal and their entire team!
We are proud to announce that Exoticca, a Kfund portfolio company, has successfully raised €60 million in a Series D funding round! This round was led by Quadrille Capital.
Our journey with Exoticca began in 2018 when we participated in their Series A round of funding. We continued to support them through subsequent rounds in 2019 and 2021.
This new influx of capital will enable Exoticca to enhance its platform by utilizing AI to improve its product offerings, elevate the customer experience, and increase profitability for its partners. The company is dedicated to establishing a leading global brand and expanding into new markets, driving the platform’s adoption among traditional travel agencies and online travel partners alike.
Exoticca is leading the digitization of multi-day tour packages to enable the online sale of complex trips with multiple components (flights, hotels, transfers, activities, etc.). They offer a frictionless purchasing experience while guaranteeing the best prices through a combination of disintermediation and automation.
The multi-day tour package sector, valued at over €100 billion, remains one of the few segments in the travel industry still dominated by traditional tour operators with minimal digitization. This lack of digital advancement prevents travel agencies from providing real-time pricing and availability for complex packages, resulting in a cumbersome and time-consuming purchasing process for customers.
It is inspiring to witness how a company has not only overcome the immense challenges posed by the coronavirus pandemic but has also emerged stronger than ever.
Kudos to Pere Vallès, Lluis Vidal and their entire team!
