Funding round
Omio Series A
Omio, which works in multimodal travel search and booking in Berlin, raised $27M in a Series A round announced on 1 Aug 2014, led by Clear Ventures and New Enterprise Associates. 7 firms took part. It is Omio's second venture round on record; the one before was a Seed in Mar 2013.
$27M
Amount raised
Not disclosed
Post-money valuation
7
Investors
2 leads
Valuation
What this round says about the price
Omio did not disclose a valuation in this round. It came 17 months after Omio's Seed. It is 7.2% of the $376M Omio has raised in the venture rounds on record. Omio raised again 16 months later: a Series B round of $45M in Dec 2015.
Omio's funding rounds
Omio has 6 venture rounds on record and 3 other deals. This one is highlighted.
- Seed 1 Mar 2013, led by Battery Ventures and Hasso Plattner Ventures $4.0M
- Series A this round 1 Aug 2014, led by Clear Ventures and New Enterprise Associates $27M
- Series B 9 Dec 2015, led by Goldman Sachs $45M
- Series C 1 Oct 2016, led by Silver Lake and Kleiner Perkins $70M
- Growth 23 Oct 2018, led by Kinnevik and Temasek $150M
- Debt not a venture round 19 Aug 2020 $100M
- Series E 20 Jun 2022 $80M
- Debt not a venture round 2 Dec 2024 $120M
- Other not a venture round 21 Jul 2026, led by Granite Asia $10M
Investors
Who put money in
Clear Ventures and New Enterprise Associates led the round with 5 other firms.
Lead investors
- backs 15 venture-backed companies new investor
- New Enterprise Associates new investor
Also in the round
- Hasso Plattner Ventures new investor
- Battery Ventures backs 215 venture-backed companies new investor
- backs 53 venture-backed companies new investor
- TriplePoint Ventures new investor
- Lakestar backs 95 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
8 Series A rounds in Travel Agencies within a year either side disclosed an amount; the median was $4.3M, and this round was 6.3 times the median. The closest in time, other companies' Series A rounds in Travel Agencies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Travel Agencies | 9 Jul 2014 | $9.0M | not disclosed | OMERS Ventures and Revolution |
| Travel Agencies | 8 Sep 2014 | $1.0M | not disclosed | Axon Partners Group |
| Travel Agencies | 1 Jun 2014 | undisclosed | not disclosed | Kalaari Capital |
| Travel Agencies | 5 Nov 2014 | $5.6M | not disclosed | Metamorphic Ventures |
| Travel Agencies | 25 Nov 2014 | $5.0M | not disclosed | Disruptive |
| Travel Agencies | 15 May 2014 | $3.6M | not disclosed | not named |
| Travel Agencies | 5 Mar 2015 | $5.5M | not disclosed | P101 and Micheli Associati |
| Travel Agencies | 26 May 2015 | $1.2M | not disclosed | Omidyar Network and EchoVC |
Questions
Frequently asked
How much did Omio raise in its Series A round?
Omio raised $27M in its Series A round, announced in Aug 2014.
Who led Omio's Series A round?
Clear Ventures and New Enterprise Associates led it, with Hasso Plattner Ventures, Battery Ventures, Atlantic, TriplePoint Ventures and Lakestar.
What was Omio's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Travel Agencies?
8 Series A rounds in Travel Agencies within a year either side disclosed an amount; the median was $4.3M, and this round was 6.3 times the median.
Did Omio raise again after this round?
Yes: a Series B round in Dec 2015 of $45M.