Klook, a Hong Kong-based travel activities and services booking platform, raised US$225M in Series D+ funding.
This increases the company’s total Series D funding round to US$425M.
The SoftBank Vision Fund led the round with participation from existing investors, including Sequoia China, Matrix Partners, TCV, and OurCrowd.
The company intends to use the funds to scale operations into new geographies and continue to expand in its existing Asian markets, mainly in Japan.
Founded in 2014 by Ethan Lin, CEO, and Eric Gnock Fah, COO, Klook is a travel activities and services booking platform that gives travelers a way to discover and book attractions, tours, local transportation, best foods, and unique experiences around the world on its website and app. With its innovative technologies, travelers can book on-the-go and redeem the services by using QR codes or e-voucher.
In the last year, the company expanded its global presence into Australia, Europe and the United States, entered into major global partnerships with Shangri-La Hotels and Resorts, Asia Pacific’s leading luxury hotel group; and Rail Europe, a distributor of European rail products that represents more than 50 railroads throughout Europe.
Klook has a team of more than 1,000 across over 20 offices worldwide, with services available in nine languages, supporting 41 currencies.
The company has raised over US$520m investment from investors including Sequoia Capital, Softbank Vision Fund, Matrix Partners, Goldman Sachs, and TCV.
FinSMEs
09/04/2019