Evaneos raises $81 million in funding to Go International

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Headline – French startup namely Evaneos in order to go international has raised $81 million in funding.

French startup Evaneos, in a bid to tap the international travel demographic and add more employees to carry business operations, said on Friday that the company has picked up $81 million in its D series of a funding round led by the global venture capital firm named as Partech Ventures.

The funding round was also joined by the Level Equity, Quadrille Capital, and existing investors like XAnge, Serena Capital, and Bpifrance. Evaneos so far has carried out 4 rounds of fundraising, obtaining a total of $109 from seven investors.

The latest funding round will help Evaneos stretch its territory beyond France in order to serve international customers. The company also plans to use funds on hiring more employees to handle the company’s growing business operations.

Evaneos is a French-based startup providing tailor-made tours and travels to its customers. The company was founded in the year 2009 by a duo namely Eric La Nonnardiere and Yvan Wibaux with an aim to help travelers connect with the local travel agents. Travelers who use the Evaneos website or mobile applications are given ability to design, estimate cost, and book their personalized tour packs.

The Paris headquartered trip service provider claims to have served more than 300,000 travelers and has a strong network with over 1,300 local partners in as many as 160 destinations across nine European nations – France, Germany, England, Denmark, Italy, Spain, Netherlands, Switzerland, and Sweden.

According to the Similarweb, an online competitive analysis platform, the official website of Evaneos receives nearly 52, 000 monthly visits and has attained 22.61 monthly traffic growth.

The mobile application metrics provider, Apptopia, indicates that the Eveaneos smartphone application has seen a total of 5,556 downloads till date. Out of 5,556 downloads, 3,398 downloads have occurred through Itunes and 2,158 downloads through the Google Play Store.