Millennial-focused travel tech firm WeRoad accelerates with €18M Series B funding from H14
Summary
Milan-based WeRoad, a travel tech scaleup, announced on Monday that it has secured €18M in a Series B round of funding led by H14, with participation from a consortium of investors. This expansion extends into ‘off-travel’ activities, offering WeRoaders a variety of events, meetups, and experiences, all managed and booked through a dedicated app. And over the past 12 months, we’ve doubled our turnover and significantly enhanced our future growth potential by increasing our community of travel coordinators in Europe from 1,200 to 2,500, paving the way for an exciting future.” Erika De Santi, Fabio Bin, and Paola De Nadai founded WeRoad in 2017 to reinvent group travel for millennials. Over the past year, the Italian travel startup has expanded to France and Germany, building on its success in Italy, Spain, and the UK. As an investor in Venture and Growth capital, H14 is a long-term partner in supporting digital entrepreneurs and companies to expand their business across Europe through its strategic network.
Funding
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