Secret Escapes Raises $60M in Series E
Secret Escapes has successfully raised $60M in a Series E at a $450M valuation led by Highland Europe, Atlas Venture.
Company Overview
Secret Escapes is a Travel company headquartered in London, UK, founded in 2011 with 300+ employees.
Flash sale travel website
Fundraising Details
- Amount Raised: $60M
- Round Type: Series E
- Valuation: $450M
- Date: 2024-05-10
- Investors: Highland Europe, Atlas Venture
About Secret Escapes
Flash sale travel website The company is positioned in the Travel sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: London, UK
- Founded: 2011
- Team Size: 300+
- Industry: Travel
What This Means
This funding round demonstrates strong investor confidence in Secret Escapes'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. Secret Escapes's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $450M valuation marks an important milestone for Secret Escapes, positioning the company among notable players in the Travel industry.
Looking Ahead
With this new capital, Secret Escapes 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.
---
This fundraising news was reported on 2024-05-10. For more information about Secret Escapes, visit their headquarters at London, UK.
