French Custom Travel Startup Evaneos Raises $6M To Continue Competing With European Tour Operators

TechCrunch

Evaneos, a French startup that competes with traditional tour operators by providing a marketplace for tailored travel experiences, has raised $6 million in Series B funding. The round is being led by XAnge Private Equity, with participation from previous investor ISAI.

This brings total funding for the four year old company to around $7 million, having raised a little over $1 million in two previous rounds from various angels and ISAI.

Meanwhile, Paris-headquartered Evaneos says the new capital will be used for European growth, specifically to launch in new countries beyond France, Spain, Italy and Germany where it currently operates. It says the investment will also enable it to triple its workforce in the coming years. In 2012 it grew staff to 20 employees, up from 12 employees the previous year.

Furthermore, additional features are being planned to enable its community of active travelers to exchange and share information…

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