Herbst Kinsky advises TourRadar regarding its Series A financing round
The corporate law firm Herbst Kinsky advised TourRadar GmbH throughout its Series A financing round with renowned investors. Besides Speedinvest and aws Gründerfonds, new investors are Hoxton Ventures Fund, Cherry Ventures Fund, Mobile Monkeys GmbH and basemedia GmbH. The total investment amounts to USD 6 million.
Founded in 2010 in Australia, Tourradar is the largest travel website where travellers and tourists can book a group tour, as well as featuring user-generated reviews of individual tours. TourRadar has more than 20,000 tours available from more than 250 different tour operators worldwide, which clients can compare, book and review later. The travel service ranges from safaris through Africa to bus tours through Europe.
Since the decision to move to Europe, TourRadar has been a client of Herbst Kinsky. “We have always been convinced of the concept and are even more delighted to accompany TourRadar on its successful path”, says Philipp Kinsky, Partner at Herbst Kinsky.
The transaction was led by Philipp Kinsky supported by Paul Droschl-Enzi, David Pachernegg and Florian Pollak.