GetYourGuide Stock

GetYourGuide's CFO, Nils Chrestin, discusses the company's growth, profitability, and future plans. Chrestin believes the demand for unique experiences will continue to shape the travel industry. GetYourGuide, which offers over 118,000 activities from more than 18,000 providers, has been profitable in its core markets for the full year of 2023. The company has no immediate plans to go public despite requests from public market investors. Chrestin also comments on the need for continuous innovation and improvement in the experience sector.

Athletes Justin Jefferson and Khris Middleton, along with other athletes from Patricof Co., have invested in an $85 million Series F round raised by GetYourGuide, a travel booking platform. The startup is now valued at nearly $2 billion. Other investors include Jason Kelce, Kevin Gausman, and Erik Johnson.

GetYourGuide, an online booking platform, has raised $194 million in funding for global expansion and to increase its AI development. The funding will be used to enhance product innovation, including work with generative artificial intelligence. The financing comes from a $85 million Series F funding round led by Blue Pool Capital and a $109 million revolving credit facility led by Unicredit. Despite not disclosing a figure, the company states this funding round represents a valuation increase.