Evaneos, the online marketplace for individual travel dedicated to creating positive change in the tourism industry, is pleased to announce a €20 million funding round. The sum will be used to further expand Evaneos' growth in Europe. The young company enables travelers to have extraordinary adventures and experiences around the world with local experts.
Evaneos' current investors confirm their confidence and underline the company's resilience. Partech, Level Equity, Quadrille Capital, XAnge, Serena Capital and Bpifrance through the Ambition Numérique fund are participating in the 20 million euro capital increase. Since the company was founded, Evaneos has already secured an additional 100 million euros for investments.
Evaneos can show strong growth for 2022: amid the tourism boom, the company reported four times more revenue than in 2021. The fair market model that connects travelers directly with local experts* on the spot to planning and organizing the travel experience of a lifetime continues to be very successful.
“The phrase 'what doesn't kill you makes you stronger' has never been truer than in the case of Evaneos. The company has emerged from two difficult years of crisis stronger and more sustainable than ever, determined to offer all customers a unique travel experience,” said Marc Fournier, Managing Partner of Serena Capital.
With the new financial means, Evaneos can increase its growth in all markets – France, Spain, Italy, Germany, Austria, Switzerland and the Netherlands – and with further investments achieve positive change in the tourism sector. The French company will continue to invest in improving technical tools for partner agencies and the customer experience. The Research & Development team, which represents 40 percent of Evaneos' workforce, will also be strengthened with new hires.
At the heart of the Evaneos model is the exchange between travelers and local agencies, carefully selected by Evaneos. Experts create an authentic travel experience with respect for local people and the environment in travel destinations. The proceeds flow directly into the local economy, with 87% of the travel price going to local stakeholders and small businesses in the destination.