HomeToGo, a metasearch engine for vacation rentals, has announced a Series C funding round led by Insight Venture Partners with participation from DN Capital, Acton Capital Partners, Rocket Internet, and Global Founders Capital. No figures have been disclosed.
The Berlin-based site currently lists around 11 million rentals globally and integrates partners like Booking.com and Tui. The new funds will be invested in further product development and market expansion.
HomeToGo previously raised more than $26 million in its Series A and B rounds.
“Vacation rentals are a very fragmented vertical in the travel space that is costly and challenging due to the fierce competition across all marketing channels,” said Patrick Andrae, CEO of the company. “The additional capital will help us strengthen our position and continue our global growth in this intense marketing game as HomeToGo is already one of the biggest TV spenders in the travel market.”
“We continue to be impressed with the quality of product that the team at HomeToGo has created. HomeToGo is the global leading destination in search for vacation rentals and this is now proven by the market traction we are seeing,” said Nenad Marovac, managing partner at DN Capital.
As part of this latest investment, Harley Miller, vice president of Insight Venture Partners, will be joining the HomeToGo board of directors. “We've seen a lot of metasearch models, but never any with such an early stickiness of users,” he said.