Globick, a B2B connectivity platform specialising in tours and experiences, has successfully secured $1.5 million in funding through a recent investment round. Based in Barcelona, Spain, Globick reveals that the funding round witnessed participation from existing investors, including venture capital firms and well-regarded business angels from the travel tech startup community. In addition, the round welcomed esteemed institutional investors, such as the Institut Català de Finances (ICF), a public bank in Spain.
The funds raised through this investment round will be channeled into strategic commercial expansion initiatives, with a particular focus on strengthening the technical integrations team responsible for incorporating APIs from external suppliers and tour experience sellers. In its official statement, Globick emphasises that this move aligns with Globick’s overarching vision to establish itself as a premier in-destination experiences platform in the market.
Globick, whose mission is to offer Online Travel Agencies (OTAs), Destination Management Companies (DMCs), and Experience resellers access to contract directly with in-destination travel suppliers on a global scale, has been making significant strides in the industry. The platform has enjoyed significant growth, expanding its client base to serve over 35 customers across 12 different countries.
One of the standout achievements in 2023 for Globick has been its 16-fold increase in transaction volumes compared to the previous year. This growth, says the company, is a testament to the platform’s commitment to delivering reliable and efficient connectivity solutions to its clients.
Notable industry players such as Trip.com, Hellotickets, and HIS Group are among the clients and collaborators riding on Globick’s services, which the company says allows them to streamline their access to in-destination travel products.
Xavier Boixeda, Co-Founder & CEO of Globick, expressed gratitude for the continued support of investors, stating, “The trust and participation of our investors will enable us to further solidify our position in the market and accelerate our efforts in establishing Globick as the foremost platform for seamless connectivity within the in-destination experiences industry.”
Globick adds that the successful funding round represents a significant milestone in its journey towards becoming a leading player in the in-destination experiences market, with a focus on delivering reliable, safe, and unique travel experiences for end travelers worldwide.
IMAGE CREDIT: GLOBICK