Kiwi.com Raises $175M in Series D
Kiwi.com has successfully raised $175M in a Series D at a $1.5B valuation led by Permira.
Company Overview
Kiwi.com is a Travel company headquartered in Brno, Czech Republic, founded in 2012 with 1500+ employees.
Online travel agency
Fundraising Details
- Amount Raised: $175M
- Round Type: Series D
- Valuation: $1.5B
- Date: 2024-01-22
- Investors: Permira
About Kiwi.com
Online travel agency The company is positioned in the Travel sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Brno, Czech Republic
- Founded: 2012
- Team Size: 1500+
- Industry: Travel
What This Means
This funding round demonstrates strong investor confidence in Kiwi.com's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Travel sector continues to attract significant investment as companies innovate to meet evolving market demands. Kiwi.com's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1.5B valuation marks an important milestone for Kiwi.com, positioning the company among notable players in the Travel industry.
Looking Ahead
With this new capital, Kiwi.com is well-positioned to execute on its growth strategy and continue building innovative solutions in the Travel space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-01-22. For more information about Kiwi.com, visit their headquarters at Brno, Czech Republic.
