PE Fund Investments
Traveltech startup Headout raises $30-M from Glade Brook Capital, Nexus, others
Bengaluru-based Headout, a startup that helps travellers discover and book tours, activities, events and local experiences, has raised USD 30 million funding led by existing investor Glade Brook Capital, bringing its total Series B financing to USD 42 million. Existing investors Nexus Venture Partners, FJ Labs and 500 Startups also participated in the financing along with angel investors including Swiggy CEO Sriharsha Majety, Postman CTO Ankit Sobti and Pratilipi CEO Ranjeet Pratap Singh. Headout is a mobile-first marketplace that offers managed travel experiences including tours, events and local activities to travellers in 30 cities across the world including New York, Las Vegas, London, Dubai, Rome, Singapore, Paris and Barcelona. Headout plans to use the new funds to accelerate its expansion to 500 cities in the next 24 months, launch new verticals for domestic short-haul travel and build new technology products to make real-life experiences immersive and affordable.
From the Venture Intelligence PE-VC Deal Database: Between Apr-15 and Sep-21, HeadOut raised $21-M from Practical Venture Capital, Ludlow Ventures, Version One Ventures, Glade Brook Capital, FJ Labs, Haystack Investment, Nexus Venture Partners, and others.
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