Rutgers & Posch advised TravelBird on new financing round

Online travel provider TravelBird has raised 16.5 million in a new financing from Rocket Internet. With the investment, Rocket Internet increases its share capital interest in TravelBird to over 25%.

TravelBird aims to use the new financing in particular to improve the mobile travel experience.

The new investment values TravelBird at 156 million euro. Meanwhile the company has grown to 650 staff and is active in seventeen countries. Each day approximately 15,000 people make a travel booking with TravelBird.

TravelBird has been advised by Robert ten Have and Babette Waltman.