Exoticca, a Spanish startup, has recently secured a massive €60 million Series D funding round led by Quadrille Capital. The company aims to revolutionize the way travelers book complex overseas tour packages by offering real-time pricing and a seamless booking experience.
Traditionally, planning multi-day tours with various components like flights, hotels, activities, and transfers has been the domain of travel agents. Exoticca’s platform simplifies this process by connecting all these elements in one place, making it easier and more cost-effective for travelers to book their dream vacations.
CEO Pere Vallès emphasized the need for innovation in the tour package industry, stating that the traditional model has not evolved much since its inception by Thomas Cook two centuries ago. Exoticca’s digital approach allows them to offer a more flexible and affordable solution, catering to middle-class and upper-middle-class customers.
While Exoticca competes with platforms like Tourlane, Vallès highlighted the unique value proposition of his company. Exoticca’s focus on real-time pricing and value for money sets them apart from the competition, attracting a customer base primarily from the U.S. and Canada.
With the latest funding round, Exoticca plans to expand its operations to Latin America, the Middle East, India, and China, tapping into new markets and reaching a wider audience of travelers. The company’s strong financial foundation and strategic vision have garnered support from investors like Quadrille Capital, All Iron, and ICF, as well as existing backers such as 14W, Mangrove, and Sabadell.
Overall, Exoticca’s success story reflects the growing demand for digital solutions in the travel industry and the potential for innovation to reshape how people experience and book their vacations. As the company continues to expand its reach and offerings, travelers can look forward to a more seamless and affordable way to explore the world.
