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The type of oversea stumble where you need multiple hotel , flight of steps , natural action , transfers , transport method acting , and guides has traditionally been undertaken by locomotion agents . Since there ’s no real - sentence pricing for such complex offer , traveller have few other options . Spanish startupExoticcaset out to crack that ballock and has now raise a € 60 million Series D round led by Quadrille Capital .
The grocery store for multiday tour packages is very tumid , but it ’s one of the last areas of the travelling industry to be digitized . Exoticca ’s political program associate flights , hotel , meals , transference , transportation and local companies . This make it simpler to book these more complex software package and reduces costs by as much as 30 % , the company take .
Exoticca also claims to have more than doubled its sale year - over - yr since 2015 and now operates in the United States , Canada , United Kingdom , France , Germany , Spain , Mexico and Colombia through a connection of change of location and non - travel online and offline partner .
“ The package tour was invented by Thomas Cook two centuries ago and has really not evolved in that metre , ” said Exoticca CEO Pere Vallès . “ We ’re bringing a model that is more digital , that allows us to sell these types of products online , that is more flexible , but has also some large advantages when it comes to price and price . ”
Exoticca vie to some extent with Tourlane , a planning and booking platform that helps traveler search and buy multiday turn online . Tourlane hasraised$101 million to date .
However , Vallès said that Exoticca does n’t “ see them as challenger . They have a different theoretical account , which is more based on a market place . They do n’t offer real - time pricing . ”
His companionship is concentre on “ value for money , ” Vallès said . “ And this lead us to a customer that is middle class and upper middle socio-economic class . ” He lend that 75 % of Exoticca ’s clientele is in the U.S. and Canada , “ so it ’s Americans and Canadians travel to the 70 destinations that we extend , ” from the ship’s company ’s headquarters in Barcelona .
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He said the objective lens is to inflate into Latin America , the Middle East , India and China .
In a statement , Alejandra Duran Gil , partner at Quadrille Capital , said : “ Exoticca ’s unattackable financial foundation and the squad ’s exceptional execution are at the heart of our investiture thesis . ”
Also participating in this troll were fresh investor , including All Iron and ICF and existing investors 14W , Mangrove , Bonsai , Sabadell and Aldea .
