HomeToGo Series D – HTG raises total capital to over $150M and acquires US competitor Tripping.com

by | December 10, 2018

Berlin/Munich, December 10, 2018 – HomeToGo closes Series D: the world’s largest vacation rental search engine has closed its latest round of funding and acquired the largest US competitor Tripping.com. In total, HomeToGo has now raised more than $150 million. HomeToGo’s Series D funding round was led by Insight Venture Partners and participated by existing investors Acton Capital, DN Capital, Global Founders Capital, et al.

Berlin-based HomeToGo was founded by Wolfgang Heigl, Dr. Patrick Andrae and Nils Regge in 2014 and currently employs more than 150 people in its headquarter. With the new US acquisition, it includes the brands Tripping.com and CASAMUNDO. HomeToGo’s CEO and co-founder Dr. Patrick Andrae:  “I’m particularly proud that we acquired our strongest competitor Tripping.com just three years after entering the US market.”

 

“After all, it’s not every day that a tech startup from Europe takes over an established American player.”

Patrick Andrae, HomeToGo CEO and co-founder

 

Despite the recent acquisitions, HomeToGo has more than doubled its already high cash reserves with the latest round of funding. This fresh Series D was led by the US venture capital and private equity investor Insight Venture Partners – who joined HomeToGo’s growing circle of investors together with Lakestar and Global Founders Capital with last year’s Series C. Existing investors like Acton Capital and DN Capital participated also in HomeToGo’s Series D.

HomeToGo is the world’s largest vacation rental search engine. Besides intuitive features that combine inquiry and immediate booking, its users benefit from a global inventory of over 15 million accommodation offers from more than 300 partners – including Booking.com, HomeAway and TripAdvisor. HomeToGo operates local websites in 13 European countries, the United States, Australia, Brazil, Mexico, Russia, Japan and Hong Kong and will continue to run the acquired Tripping.com as a brand.

 

 

 

 

Über Acton Capital Partners

Acton Capital Partners ist ein internationaler Wachstumsinvestor mit Sitz in München. Seit 1999 investiert das Acton-Team erfolgreich in digitale Pioniere in Europa und Nordamerika.

Investmentfokus liegt dabei auf skalierbaren Geschäftsmodellen aus den Bereichen Future of Work, Digitale Marktplätze und Plattformen, Ecommerce, FinTech sowie Software-as-a-Service.

Bettina Engert Administrator
Director Communications , Acton Capital

 

About Acton Capital
Acton Capital is a leading growth venture capital investor in Europe. Since 1999, the Acton team supports digital startups in the fields of marketplaces, e-commerce, SaaS, FinTech or Future of Work on their way to market leadership. Acton Capital invests worldwide with strong focus on Europe and North America. With two decades of investment experience and a deep understanding of tech-enabled business models, the team has invested over EUR 500+ million across five fund generations.

 

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