Funding round
Omio Series C
Omio, which works in multimodal travel search and booking in Berlin, raised $70M in a Series C round announced on 1 Oct 2016, led by Silver Lake and Kleiner Perkins. 7 firms took part. It is Omio's fourth venture round on record; the one before was a Series B in Dec 2015.
$70M
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 10 months after Omio's Series B. It is 19% of the $376M Omio has raised in the venture rounds on record. Omio raised again 24 months later: a Growth round of $150M in Oct 2018.
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 1 Aug 2014, led by Clear Ventures and New Enterprise Associates $27M
- Series B 9 Dec 2015, led by Goldman Sachs $45M
- Series C this round 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
Silver Lake and Kleiner Perkins led the round with 5 other firms.
Lead investors
- Silver Lake backs 44 venture-backed companies new investor
- Kleiner Perkins backs 285 venture-backed companies new investor
Also in the round
- Goldman Sachs backs 218 venture-backed companies new investor
- Atomico backs 123 venture-backed companies new investor
- Battery Ventures backs 215 venture-backed companies new investor
- Lakestar backs 95 venture-backed companies new investor
- New Enterprise Associates 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
The closest in time, other companies' Series C rounds in Travel Agencies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Hopper Travel Agencies | 15 Dec 2016 | $62M | not disclosed | La Caisse |
| Travel Agencies | 5 May 2016 | $100M | not disclosed | Pitango |
| GetYourGuide Travel Agencies | 13 Nov 2015 | $50M | not disclosed | KKR |
| Travel Agencies | 25 Oct 2017 | $60M | not disclosed | Sequoia Capital and Goldman Sachs |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Omio raise in its Series C round?
Omio raised $70M in its Series C round, announced in Oct 2016.
Who led Omio's Series C round?
Silver Lake and Kleiner Perkins led it, with Goldman Sachs, Atomico, Battery Ventures, Lakestar and New Enterprise Associates.
What was Omio's valuation at the Series C round?
It was not disclosed.
Did Omio raise again after this round?
Yes: a Growth round in Oct 2018 of $150M.