Headout raises $30 Mn led by Glade Brook Capital

Travel experiences app Headout has raised $30 million in Series B round in addition to the $12 million raised in September last year, bringing the total round size to $42 million. The round was led by Glade Brook Capital with the participation of existing investors Nexus Venture Partners, FJ Labs and 500 Startups, among others. The funds will be used to accelerate its journey to $1 billion in annual sales by expanding to 500 cities in the next 24 months, launching new verticals for domestic short-haul travel, said Headout in a press release. Continue reading Headout raises $30 Mn led by Glade Brook Capital at Entrackr.

Headout raises $30 Mn led by Glade Brook Capital

Headout raises $30 Mn led by Glade Brook Capital

Travel experiences app Headout has raised $30 million in Series B round in addition to the $12 million raised in September last year, bringing the total round size to $42 million.

The round was led by Glade Brook Capital with the participation of existing investors Nexus Venture Partners, FJ Labs and 500 Startups, among others.

The funds will be used to accelerate its journey to $1 billion in annual sales by expanding to 500 cities in the next 24 months, launching new verticals for domestic short-haul travel, said Headout in a press release.