Exoticca Secures €60 Million Series D Funding

Exoticca, a travel tech platform specializing in multi-day tour packages, has successfully closed a €60 million Series D funding round led by Quadrille Capital, with participation from new investors All Iron and ICF, alongside existing investors. This funding aims to enhance Exoticca's platform by integrating AI to improve product offerings and customer experiences while reducing booking times for complex trips to just minutes, potentially lowering costs by 30% compared to traditional competitors. The multi-day tour sector, valued at over €100 billion, remains largely dominated by outdated practices, prompting Exoticca to disrupt the market with its innovative technology that connects various travel services. CEO Pere Vallès emphasized the company’s mission to digitize the multi-day tour space, which has lagged behind other segments of the travel industry. Exoticca has seen consistent growth, doubling its sales annually since 2015, and is positioned to expand further into markets like Latin America, targeting a broader customer base. The funding will facilitate increased investment in technology and brand development, focusing on key markets including the US, Canada, and the UK.