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The Berlin-based company said Thursday it had raised the funding through a mix of equity and debt, with $85 million of equity investment being led by U.S. asset management firm Blue Pool Capital. The investment values the company at nearly $2 billion, up from GetYourGuide's last publicly-disclosed valuation of $1.4 billion, according to a person familiar with the matter. Total investment in GetYourGuide, including both equity and debt, now stands at just over $1 billion. Rather than advertise hotels, flights and other forms of transportation, GetYourGuide sells its users experiences and things to do in unexplored places. These experiences are offered through third-party suppliers on its platform, with GetYourGuide taking a commission on each booking.
Persons: UniCredit, Johannes Reck, GetYourGuide, Reck, didn't Organizations: U.S, Blue Pool Capital, GetYourGuide's, KKR, Temasek, BNP, Citibank, KfW, GetYourGuide, CNBC, omicron Locations: U.S, Berlin, GetYourGuide
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