HomeToGo, a Berlin-based startup which we listed as one of the 10 German startups to look out for in 2016, just announced the closing of a $20 million investment from New York-based venture capital and private equity firm, Insight Venture Partners, along with participation from Series A investors, DN Capital and Acton Capital Partners.
Founded in January 2014, Hometogo today is a global leader in metasearch for vacation rentals. The growth capital will be used to further international expansion and accelerate product innovation.
With over 6 million vacation rental offers, of which 3.8 million are instantly bookable accommodations, HomeToGo offers the world’s largest range of directly bookable vacation rentals. HomeToGo provides a sleek, user-friendly interface for consumers to discover choice accommodations from many different providers, including Booking.com, VRBO, HomeAway, HouseTrip and FlipKey. The site eliminates time consuming internet research for travelers, making it easy for users to select their ideal accommodation comfortably and book through the best provider.
Founded by travel technology, tourism and e-commerce veterans Dr. Patrick Andrä, Wolfgang Heigl and Nils Regge, the Berlin-based company has succeeded in integrating more than 250 partners in over 200 countries. In two years they have successfully launched in nine European countries, namely Germany, France, Poland, Italy, Spain, Austria, the Netherlands, Switzerland and the United Kingdom, as well as in the United States.
Dr. Patrick Andrä, CEO and co-founder of HomeToGo stated: “The trust from our Series A investors Acton and DN Capital coupled with our new investor, Insight Venture Partners, makes us very happy and confirms our belief that we have made a lot of strong decisions and truly have the best team to tackle the market.”