Contact

9M€ round in TravelTech for Pangea The Travel Store


, ,
Integral service around a transaction
BY : Diego GutiérrezJuly Thu, 2019

Pangea The Travel Store es el claro ejemplo de que las agencias de viajes aún no han dicho su última palabra. Esta compañía ha levantado recientemente 9 M€ en su última ronda, poniendo de manifiesto que este modelo de negocio aún resiste ante las nuevas tecnologías, como también lo hacen otras companies del sector que se analizan a continuación.

Pangea The Travel Store has introduced a real revolution in the sector called TravelTech. Its concept is based on the idea of tailor-made, fully customisable journeys mixing digital and physical space.

ronda pangea travel store

Comparándose con Ikea or DecathlonIts shops are far from the typical travel agency, and include shelves with guidebooks, a cafeteria for tasting local products and large spaces with different screens and technological devices.

The success of this formula can be seen in its 120 employees, the 40,000 travellers who have placed their trust in them and the amazing physical shops of more than 1,500 sqm.2 in Barcelona and Madrid.

Para seguir creciendo y acelerar su expansión nacional e internacional con dos nuevas aperturas en Valencia y Bilbao, y un futuro desembarco en Latinoamérica en 2020, así como para completar su propuesta de valor a nivel tecnológico, de producto y de equipo, ha cerrado recientemente una ronda de 9M€.

De esta manera, Pangea pretende seguir ofreciendo a sus clientes viajes híper personalizados y cuidados hasta el más mínimo detalle.

Travel agencies are undergoing profound transformations, as reflected in their funding needs to continue to innovate.

Some of the most relevant rounds at TravelTech are:

EXOTICCA

It is an online travel agency specialising in the sale of long-distance travel that allows you to buy long-distance trips with multiple components completely online and at the best prices through its technological platform..

Desde sus inicios en 2013, Exoticca has experienced exponential growth in turnover, reaching 23 million last year.

Recientemente ha cerrado rondas por valor de 5,5M€ to finance the international expansion of the company, currently present in six countries and with plans to enter four new markets during 2019.

TRAVELPERK

This startup founded in 2015 is an online agency for the management and booking of business trips. La misión de esta compañía es combinar lo mejor de la tecnología de viajes corporativos y de la tecnología de consumo, para ofrecer una experiencia fluida y fiable  a la vez que proporcionar a las empresas mayores niveles de control.

Entre sus más de 1000 clientes se pueden encontrar todo tipo de empresas, desde agencias gubernamentales hasta startups como Uber or Glovo.

The recent round it has managed to close for 38M€ will allow Travelperk to continue its expansion in Europe and to broaden its customer base, especially in the small business segment.

The M&A Professionals

Meet our services

CONTACT US

MEET
OUR
METODOLOGY

Do you want to be up to date?

SUSCRIBE OUR NEWSLETTER

Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?

M&A NEWS
INDUSTRIAL REPORTS
crossmenu