Claret Capital Partners portfolio company Exoticca – a Barcelona-based multi-day package tour operator has closed a Series C funding round at $30 million.
The firm intends to use the funding to accelerate growth and is banking on strong consumer desire to once again set off into the wild blue yonder as borders begin to reopen. To date, the company has raised a total of $53 million.
Founded in 2013, Exoticca operates in the US, Canada, the UK, France, Germany and Spain, and handcrafts package tours to over 50 destinations worldwide. This manual selection is supported by an exhaustive use of tech, allowing the company to provide unbeatable prices all without compromising on the quality of the trip.
“Travel is back and we believe that this is the right time to invest in order to build a category leader in the multi-day package tour space,” commented CEO Pere Vallès.
Read the full article on Tech.eu here.