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Airbnb-backed WeRoad raises $58M to take its group travel platform to the US

CN
CitrixNews Staff
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Airbnb-backed WeRoad raises $58M to take its group travel platform to the US

WeRoad, the Milan-based group travel startup, has raised a $58 million Series C round led by Airbnb as it prepares for its first major expansion outside Europe. The funding brings the company’s total capital raised to roughly $100 million and will finance WeRoad’s push into the U.S., beginning with Austin.

The new investment reflects a bet that the next generation of travel companies may look less like booking platforms and more like social platforms designed to facilitate real-world connections. 

Originally reported by TechCrunch