The proceeds of the funding will be used to finance global expansion and accelerate product growth and innovation, it said. Klook wants to capture the growing market opportunity for both Asian travellers going long-haul to North America, Europe, Australia and inbound visitors to Asia from these developed markets.

The co-investment is led by Sequoia which also led the Series B funding. Goldman Sachs and existing investor Matrix Partners, along with participation from various Asia-based family funds, also counted in.

Since the launch in 2014, Klook has built a network of close to 30,000 travel activities and services covering more than 120 destinations worldwide. With a few simple taps on the Klook App, travellers can access local transit, skip the lines at major theme parks, discover ancient cities on a guided tour, or skydive over beaches and mountains. Klook’s seamless booking process, powered by its innovative technology, benefits users with QR code e-vouchers and instant confirmation.

Today, Klook brings in over 1 million monthly bookings, serving users from over 50 nationalities with the majority coming from Asia. Klook’s dramatic growth has been driven by the rise of independent travelers and the fast adoption of mobile booking. Some of Klook’s fastest growing user markets include Greater China, South Korea, Philippines, Thailand, Indonesia, among others where mobile contributes over 70% of total bookings. To better serve travellers worldwide, Klook’s service is available in 7 different languages and accepts over 30 currencies, with more to come.

Since previous funding earlier this year, Klook has doubled its staff from 200 to well over 400 located in 13 offices across Asia.

Klook’s co-founders

“Klook’s mission is to empower every person to travel independently, with all in-destination needs taken care of, for the ultimate hassle-free experience and more time to enjoy the trip,” says Ethan Lin, co-founder of Klook. “This round of funding gives us additional resources to further strengthen our leading position in Asia while accelerating expansion into new markets and verticals.”

“As demonstrated by its remarkable growth, Klook is a leading player in the Asian in-destination travel space and has a proven track record in cross-region business development,” said Stephanie Hui, head of principal investment area at Goldman Sachs in Asia ex-Japan, “Our investment, together with the network and resources of Goldman Sachs, will help Klook further expand and provide services globally.”

“In addition to global expansion, we plan to use the funding to accelerate the development of travel technology, which is really the core of the company. We are extremely excited at the potential of AI technology in reshaping a traveler’s experience when researching and booking a trip, ” says Eric Gnock Fah, co-founder and president of Klook. “One area we are pursuing is the application of machine learning to facilitate smarter search. By leveraging our large amount of data sets and millions of transactions, we look forward to enabling visual and vocal search to satisfy travellers’ spontaneity with more precise and curated options.”