GoEuro raises $27m series-A

The company's existing investors – Battery Ventures, Hasso Plattner Ventures and Lakestar – have reinvested in the round.

The three firms injected $4m into the company in March last year, with Battery Ventures leading the seed funding round.

The substantial capital injection will allow GoEuro to expand into new markets in Europe.

According to NEA partner Forest Baskett, the European travel market is valued at more than €200bn.

Company
Founded in 2012 and headquartered in Berlin, GoEuro has developed a platform designed to allow customers to plan an entire journey, using various methods of transportation, in one place.

The platform consolidates rail, bus and air data from several sources. It currently operates in the Netherlands, Germany, Spain, Italy, Belgium, Luxembourg and the UK. GoEuro claims to provide information on 20,510 railway stations, 10,000 bus stations and 207 airports.

The company employs 60 staff.

People
Narem Shaam is the founder and CEO of GoEuro. Itzik Parnafes is a partner at Battery Ventures. Forest Baskett is a partner at NEA.

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• Topics
• Expansion
• DACH
• Consumer
• Germany
• Battery Ventures