4 Oct 2016

New investment in GoEuro to accelerate their success

Today it’s possible to reach almost any corner of Europe by public transport via hundreds of individual air, train and bus companies. However, in the absence of a simple way to compare routes, availability and cost, figuring out the best way to get anywhere continues to be a pain point for millions of travellers.

Last year we invested in GoEuro, a Berlin-based company led by Naren Shaam, which is transforming the way we search and book intra-city travel tickets across Europe. In just three years Naren has put together a world-class team and built from scratch a real-time booking platform for buses and trains connecting more than 500 transport providers across 12 countries in Western Europe — that’s up from 150 providers when we first invested.

GoEuro has solved a very complex technology problem and has become the first company in the world to offer a search and booking solution for multi-modal travel . They are the clear leader in Europe and we’re confident they can win the category globally.

We’re proud to take part in GoEuro’s latest $70M round alongside Silver Lake and Kleiner Perkins Caufield & Byers, which is a great validation of the company’s potential and market leadership. This round will accelerate GoEuro’s product development and geographic expansion. We’re excited to continue spending time in Berlin and working closely with Naren and the team on talent development, brand building and international scaling into new markets.

Here’s to their continued success!

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