
AWS Gründerfonds backs TourRadar
Austrian start-up investor AWS Gründerfonds has backed travel comparison platform TourRadar.
Several business angels also invested in the funding round.
AWS Gründerfonds invests up to €3m in Austria-based start-ups.
Company
Headquartered in Vienna, TourRadar is an online marketplace that enables users to compare and book trips. It offers online discounts and does not charge a booking fee. The app also has a communication tool that allows tourists to share travel tips with each other.
The company was founded in 2010 and has 23 employees.
People
Ralf Kunzmann is managing director at AWS Gründerfonds. Travis Pittman is CEO of TourRadar.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater