base64Hash

HomeToGo Raises Total Capital to Over $150 Million and Acquires Largest US Competitor Tripping.com

Berlin, December 2018 - HomeToGo, the world’s largest holiday rental search engine - with more than 15 million offers from more than 300 providers worldwide - has closed its latest round of funding and acquired its largest US competitor Tripping.com. In total, HomeToGo has now raised more than $150 million.

Dr. Patrick Andrae, CEO and Co-founder of HomeToGo said in a statement, "I'm particularly proud that HomeToGo acquired our strongest competitor Tripping.com just three years after entering the US market. After all, it's not every day that a technology company from Europe takes over an established American company."

HomeToGo will continue to run Tripping.com as a brand. As for HomeToGo, despite recent acquisitions, the company has more than doubled its already high cash reserves with its latest round of funding.

HomeToGo’s current investors include Insight Venture Partners (lead), Acton Capital Partners, DN Capital, and Global Founders Capital. This group has recently expanded with investments from Lakestar and Princeville Global, among others.



HomeToGo Press Page



About Insight Venture Partners

Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight currently has over $20 billion of assets under management and has cumulatively invested in more than 300 companies worldwide. Our mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. Across our people and our portfolio, we encourage a culture around a core belief: growth equals opportunity. For more information on Insight and all its investments, visit www.insightpartners.com or follow us on Twitter @insightpartners.


About Lakestar

Lakestar is one of Europe's leading venture capital firms, investing in technology companies led by exceptional entrepreneurs. Early investments included Skype, Spotify, Facebook and airbnb. Since raising their last two funds with an aggregate volume of approx. EUR 500m in 2013 and 2015, Lakestar has expanded and broadened their portfolio, with more recent investments in Harry's, Opendoor, Blockchain.com, GoEuro, FiveAI and Revolut. Lakestar has a presence in Berlin, Zurich and London.

Lakestar helps companies to identify new markets and expand into them rapidly, with a focus on the US and Europe. They advise and support portfolio companies in business development, recruitment, technology and marketing. The investments range from early stage companies to those in their growth stage.


About Princeville Global

Princeville Global is an investment firm focused on backing rapidly-growing technology-related companies around the world. The firm looks to support entrepreneurs seeking not only capital, but a value-added partner who can help them fulfill their aspirations to create companies of global scale. The firm has a worldwide network of relationships built over decades of experience investing in and advising rapidly growing companies in the technology sector. Princeville Global has offices in San Francisco and Hong Kong. Visit www.princevilleglobal.com for more information.


About Acton Capital Partners

Acton Capital Partners is a Munich-based growth venture fund for internet companies. It focuses on startups in the fields of marketplaces, e-commerce, e-services, digital media and SaaS. Acton Capital Partners invests in Europe and North America. The team has been working together successfully for many years and has invested in more than 65 companies since 1999. The most renowned investments include AbeBooks, Alando, AlphaSights, Ciao, Elitepartner, Etsy, HolidayCheck, Linas Matkasse, Lumas, mytheresa.com and OnVista. For more information, please visit www.actoncapital.com.


About DN Capital

DN Capital is a leading early stage venture capital firm which focuses on Seed, Series A and select series B investments in marketplaces, software, fintech and digital health companies. The firm was founded in 2000 and has operations in London, Berlin and Silicon Valley. DN Capital’s previous funds are top performers and the firm is one of the lead investors in companies such as Endeca (sold to Oracle), Shazam (one of the world’s leading mobile apps, sold to Apple), Auto1 (Europe’s largest used-car marketplace), Purplebricks (IPO London), OLX (sold to Naspers), Remitly (North America’s largest independent digital remittance platform) and Quandoo (sold to Recruit). The professionals at DN Capital bring over 75 years of private equity experience to their investments, and actively work with portfolio companies to steward their growth through the various stages of development. Additional information about the firm and its portfolio companies can be found at http://www.dncapital.com.


About Global Founders Capital

Global Founders Capital (GFC) is a globally oriented, stage agnostic venture capital firm that empowers gifted entrepreneurs worldwide. The current portfolio includes Away, SpotHero, Freighthub, Personio, Slack and many more promising online businesses. Previous portfolio companies include Facebook, LinkedIn and Trivago. Global Founders Capital has offices in Berlin, London, San Francisco, and Paris. More information via www.globalfounders.vc.


About mojo.capital

mojo.capital is a collaborative investment management firm capitalising on the digital opportunity in Europe. mojo.capital manages Mojo Digital One, a Luxembourg-based late stage equity fund that invests in the most promising European-born digital technology champions through and alongside Funds, Business Angels and Family offices.


About Perpetual Investors

Perpetual Investors is a privately owned, multi-strategy investment firm following a long-term and responsible approach. As part of the private market strategy, the group invests directly in early stage and growth businesses across Europe. Perpetual Investors partners with exceptional digital brand and technology companies, supporting them with capital and a global network.

Our History

2014

HomeToGo is founded in Berlin by Nils Regge, Wolfgang Heigl, and Dr. Patrick Andrae.


2015

HomeToGo secures funding from growth investors Acton Capital Partners and DN Capital.


2016

HomeToGo closes a $20 million Series B funding round led by US investor Insight Venture Partners and with participation from DN Capital and Acton Capital Partners.


2017

HomeToGo secures another sizeable investment in a Series C funding round from current investors Insight Venture Partners, Acton Capital Partners, and DN Capital, as well as from investment heavyweight Rocket Internet Capital Partners and Global Founders Capital.

HomeToGo rolls out its app for iOS and Android and launches domains in Australia and Mexico. 

HomeToGo wins the Gründerszene Growth Award 2017/2018 as the fastest-growing digital company in Germany, with a CAGR growth rate of 2,201% over the previous three years.


2018

HomeToGo continues its expansion in Latin America with the launch of its Brazilian localised site LarDeFerias. In autumn 2018, the growth spreads to Asia, with the launch of domains in Hong Kong and Japan. Canada and Belgium also join the list of active markets.

HomeToGo's total funding increases to $150 million, and the company acquires Tripping.com.

Our Team

HomeToGo’s success wouldn’t be possible without its 150+ team members from over 25 countries. Through a spirit of hard work, dedication, and support, the ambitious team continues to build and shape a cutting-edge product that is used worldwide.


Want to join our vibrant, innovative, and international team and help shape the future of travel?


We're hiring!

World’s Largest Vacation Rental Metasearch HomeToGo Secures Undisclosed Amount in Series C Funding


  • Existing investors Insight Venture Partners, Acton Capital Partners and DN Capital reaffirm confidence in HomeToGo
  • Global Founders Capital is a new investor
  • Total investment in HomeToGo is now a significant eight-figure number


Berlin, October 2017 – HomeToGo, the world’s largest metasearch engine for vacation rentals, providing over 15 million offers from more than 300 providers worldwide, has secured another sizeable investment in a Series C funding round. This injection comes from current investors Insight Venture Partners (leading the round), Acton Capital Partners and DN Capital, as well as from Global Founders Capital who is a new investor in the company. This new round of funding provides HomeToGo with additional capital in a highly competitive, marketing intensive landscape, supporting further expansion plans and product development.


Founded in 2014, the Berlin-based company has succeeded in integrating more than 300 partners including Booking.com, VRBO, HomeAway, TripAdvisor and Tui, among others. In three years, HomeToGo has successfully launched localised websites and apps in Europe, North America, Australia and Russia. HomeToGo became the largest metasearch for vacation rentals, currently sending more than 20 million users from all over the world to its partners every month.


“We’ve seen a lot of travel meta-search businesses over the years, but never any with such strong retention as HomeToGo. The strong traction is also due to HomeToGo’s massive investment in brand, predominantly in TV ads, rewarded by a large base of loyal returning users. In order to make enough noise around vacation rentals in the highly competitive travel sector — where annual marketing spend is in the billions — one needs deep pockets as well as the best in class product to succeed,” said Harley Miller, Vice President at Insight Venture Partners, who has joined the board of directors of HomeToGo. “We are happy to continue our support of HomeToGo as the clear market leader and single global metasearch brand for the vacation rental market.”


“Vacation rentals are a very fragmented vertical in the travel space that is costly and challenging due to the fierce competition across all marketing channels. The additional capital will help us strengthen our position and continue our global growth in this intense marketing game as HomeToGo is already one of the biggest TV spenders in the travel market.” said Patrick Andrae, CEO of HomeToGo. “We are proud of our achievements, made possible by the continued support of our high-class investors and the dedication, commitment and effort of our great team at HomeToGo.”

image-tag