HomeToGo secures $20 million to boost vacation rental metasearch

Vacation rental metasearch service HomeToGo has caught the eye of Insight Venture Partners – winning a $20 million Series B round.

The Germany-based company has also wooed interest from DN Capital and Acton Capital Partners.

Both DN and Acton were involved in HomeToGo’s Series A round, alongside other unnamed angel investors, to the tune of Euro 6 million.

The company says the $20 million raise will be used to grow the business in international markets and develop the two-year-old brand’s technology.

Since January 1014 (TLabs here), HomeToGo has launched in nine European countries (including home territory Germany, as well as France, Poland, Italy, Spain and the UK), and is now also operating in the US.

It claims to feature some six million vacation rental offers, with nearly four million “instantly bookable” on the product source’s website.

Partner providers include HomeAway, VRBO, HouseTrip, FlipKey and Booking.com.

The company faces competition from the likes of AllTheRooms and Tripping, which itself has now raised some $21 million in funding, most recently a $16 million round in July 2015 from Steadfast Venture Capital.

Insight Venture Partners has previously invested in Trivago, Despegar, BlaBlaCar, CarTrawler and LivingSocial.

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Kevin May

About the Writer :: Kevin May

Kevin May was a co-founder and member of the editorial team from September 2009 to June 2017.

 

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  1. gezifesto

    As you mentioned above there is a big competition from alltherooms and tripping. All rely on high technology for accurate, timely results and retaining site visitors? So, What, do you think, are the differenciating factors for success over others, for the actors in this vertical?

     
    • Kevin May

      Kevin May

      @gezfisto – very simply, their respective ability to attract users… far too many well-funded travel search startups have never made the impact they claimed would happen because they couldn’t get the customers in the front door… difficult convo to have with an investor where you say “yeah, we’re gonna use all that funding to buy traffic”.

       
 
 

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