Ukrainian travel startup Eurotrips has raised a €260,000 investment round led by the UK travel holding Day 8, as Vestbee was informed. The investment will help the company to promote bus tours within Europe.
- Founded in 2013 by Dmytro Yaremkovich and Vova Olyanitskyi, Eurotrips develops a travel platform that organizes tours across Europe for youth aged 20 to 30 years old, families, using all means of communication. The startup also specializes in arranging business trips.
- For 11 years in the market, Eurotrips has planned over 1000 tours for 50,000 users. According to the company, 67% of tourists discovered Europe for the first time using its services. Moreover, 52% of the customers have traveled at least 2 times with Eurotrips.
“This partnership not only supports Eurotrips’ creative strategy but also puts the company in a strong position to enter new markets. As well as achieving its goal of being the leading travel company for European destinations to provide travelers with travel experiences around the world,” CEO and co-founder of Eurotrips, Dmytro Yaremkovych, commented.
- The leading and only investor in the current round is Day 8, a London-based holding company that offers various projects including Yacht Week, Ski Week, and Quarter Deck.
What’s next
Ukrainian Eurotrips is set to kick off its summer excursions by the end of May, offering nine routes across Europe. Ranging from 10 to 37 days in duration, these trips will cover 4 to 14 European countries each.
The funds will be used to expand the company’s operation in new markets, strengthen its marketing, and improve its team performance for offering exceptional travel experiences.
