HomeFundingMadrid-based PANGEA raises €9 million to transform the travel industry with its...

Madrid-based PANGEA raises €9 million to transform the travel industry with its omni-channel approach

Madrid-based PANGEA is a travel agency offering an omni-channel experience, where customers can book trips on the web, through their mobile, or at one of PANGEA’s physical stores.

Founded in 2015, PANGEA has just raised a round of €9 million led by Axon Partners and Javier Rubió with participation from existing investors. It will use the funding to further develop its technology and expand its product offering.

In addition, the new financing will support the opening of two new physical stores in 2019 in Valencia and Bilbao, and expects to enter the Latin American market by 2020.

PANGEA opened its first travel store in Madrid in October 2015 and has been growing since. In April 2018 PANGEA opened its second store, a 1,700 m² mega store in the centre of Barcelona that has exceeded all expectations in its first year in the city. A concept store with all sorts of suitcases and travel items, a varied cultural calendar or numerous corporate events are just some of the features that can be found in both stores.

This year, more than 15,000 reservations have been made through PANGEA and more than 40,000 travelers have enjoyed the experience of traveling with the company. The travel store also hosts the largest travel bookstore in Spain and a restaurant with international cuisine.

PANGEA also recently launched Do It Yourself, a tool aimed at helping travellers design customized trips from home.

“We are here to remodel the world of travelling agencies, going back to the origins when an expert would guide you in order to find a tailor made trip for you,” said David Hernández, CEO of the company. “Our goal now is to transform and democratize the travelling sales in Spain and in the world through a fantastic omni-channel shopping experience, with passionate experts in the many destinations and types of travel, our products and personalized services tailored to our customers, and all of it with the best quality-price ratio of the market. We strongly believe the future of commerce is through omni-channel experiences, neither online nor offline exclusively. Those companies that get the best out of both worlds will conquer the hearts of their clients and change the world.”

Mary Loritz
Mary Loritz
Mary served as Head of Content at EU-Startups.com from November 2018 until November 2019. She is an experienced journalist and researcher covering tech and business topics.

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