Led · Series C · May 2026

WeRoad designs group trips grouped around shared interests and travel styles, typically hosting eight- to fifteen-person groups led by younger "group leaders" rather than traditional tour guides. Founded in 2017 by Paolo De Nadai, Fabio Bin, and Erika De Santi, the company structures itineraries (most lasting 10–12 days, with shorter weekend options available) to encourage social bonding and repeat travel. WeRoad works with more than 4,000 group leaders and says roughly 60% of travelers book another trip. In 2025 it launched WeMeet, an app for local in-person gatherings; the company reports more than 50,000 attendees across 35 cities and 150,000 app downloads. Financially, WeRoad reported €130 million in revenue in 2025, up 30% year over year, and took more than 100,000 travelers on trips that year. Since launch the company says it has organized travel for over 300,000 customers across more than 1,000 itineraries globally.

Participated · Series B · Dec 2019

Zeus Living manages, curates and furnishes homes and rents them for flexible 30+‑day stays, handling design, inspections, utilities and property management rather than operating as a marketplace. It began by serving relocated corporate workers and has broadened to consumers seeking flexible living for extended family visits, healthcare stays and home renovations. The company operates nearly 5,000 homes across 96 U.S. cities, with 87% occupancy and a 21% year‑over‑year increase in revpar; residents have spent over 1.4 million nights with Zeus and the platform is approaching $250M in lifetime booking revenue. Demand trends include a 6x increase in open‑ended leases (average stay 129 nights) and roughly $40M of unmet demand over the past 12 months. Zeus has 122 employees and has rebuilt after pandemic layoffs while growing revenue multiple‑fold since its 2015 start. The new capital will be used to expand supply in constrained markets and to invest in its online experience for homeowners and residents. Zeus Living operates a corporate-housing marketplace that furnishes landlords’ homes and leases them for month-or-longer stays to individuals and employees of large companies. The San Francisco-based company is led by CEO Kulveer Taggar and manages more than 2,000 homes. With corporate travel depressed by the pandemic, Zeus has rented units to health‑care workers and people leaving dense cities; its occupancy rate is tracking above 70% so far this month. The company lists corporate partners including GitHub, Samsara Networks, Willkie Farr & Gallagher and ServiceTitan. Zeus has cut staff amid the downturn, laying off about 80 workers (roughly 30% of its headcount). Zeus Living takes over landlords’ apartments, furnishes them with branded amenities, handles maintenance and operations, and rents them to relocated workers for 30‑day stays or longer. The company charges landlords one free month of usage and marks up the customer rent to generate revenue. In four years it scaled to a $100 million revenue run rate, growing revenue 300% in 2019, and now operates with roughly 250 employees and more than 2,000 homes under management. To date it has hosted about 27,000 residents for a total of 650,000 nights. Zeus emphasizes high margins and capital efficiency by focusing on corporate rentals, and reports high 70s NPS scores. Planned product and operational investments include expanding to more neighborhoods and cities, revamping booking and invoicing tools for enterprise partners, improving real estate sourcing, and investing in customer care. Zeus operates a managed corporate-housing business that signs multi-year leases with homeowners, furnishes and maintains properties, and places multi-month tenants from employers. The company has grown to a $45 million revenue run rate from 900 homes across 23 cities, up 5X year-over-year, supported by a 150-person team and a 90% occupancy rate. Zeus sources tenants via Airbnb listings and direct employer relationships (examples include Darktrace and ZS Associates) and provides tenants with digital locks and 24/7 support. It partners with consumer brands like Helix, Parachute and Simple Human to bulk-procure furnishings and recently took on debt to fund fixed furniture investments. Zeus typically signs minimum two-year leases with landlords (seeking five-year extensions when possible) and captures standard property-manager economics such as the first free month; the article gives an example where Zeus leases a home for $4,000/month, pays the landlord $44,000 after a year and rents it for $5,000/month to earn $60,000. Future plans described include rolling up more homes, building a landlord portal and expanding partnerships or in-house divisions for cleaning and furnishing to scale operations.

Led · Series C · Oct 2019

Tiqets operates a platform for booking tickets to museums and other attractions, selling millions of tickets across more than 60 countries. The company works with about 3,000 museum groups and attractions, including the Louvre, and partners with roughly 2,500 travel agencies and portals such as Ctrip. Approximately 35% of its revenues come from third-party deals via API integrations. Founded in 2014 and available in 14 languages, Tiqets focuses on digital ticketing for museums and attractions rather than performance or seated-event ticketing. The company plans to expand coverage into smaller towns, add more localization, and build improved self-service onboarding tools for venues to grow its platform. Tiqets operates a real-time ticketing platform that lets visitors discover, book and use tickets for museums and attractions. The platform supports bookings at over two thousand venues across 140 cities and is available in nine languages. In August 2018 close to 500,000 people booked with Tiqets, an indicator of recent demand. The company employs more than 100 people across offices in Amsterdam, Barcelona, Paris, Rome, Vienna and New York. Led by CEO Luuc Elzinga, Tiqets plans to use recent funding to further develop its technology and accelerate growth. The articles note the raise is intended to support continued product and geographic expansion. Tiqets operates a smartphone app that sells tickets for attractions, events and museums, with a focus on last-minute purchases. The Amsterdam-based startup is active in six European cities and New York. It plans to use new funding to scale globally, launch in more cities and expand its partner network. Tiqets raised $17 million in a Series B round led by HPE Growth Capital and previously raised $4 million in a Series A last year. The company won the Tech5 competition recognizing Europe’s fastest growing startups. Tiqets competes in a busy ticketing and event-app space alongside players such as Eventbrite and Ticketbud. Tiqets is an Amsterdam-based platform that provides mobile ticketing technology enabling travelers to explore, book and enjoy top attractions, museums and entertainment venues. Founded in December 2013 by Luuc Elzinga, the company operates across European hotspots including Barcelona, Paris, Rome, London and Amsterdam. It is launching in New York and Prague and plans to add cities such as Dubai, Berlin and Copenhagen. Tiqets announced plans to expand globally, targeting the addition of 14 new cities in time for the summer season. Financially, the company secured $4M in Series A funding in a round led by Capital Mills. The funding is intended to support its rapid city expansion ahead of the summer travel season. Tiqets.com, founded in 2013 and based in Amsterdam, operates a platform that enables travel companies and consumers to purchase direct-bookable tickets for tours, theaters, attractions, sporting events, concerts and museums. Distribution partners such as airlines, hotel chains and OTAs integrate its inventory via API, emails, co-branded sites and widgets, and the company also sells directly through its B2C website launched in September 2014. The startup reported rapid growth, having closed partnerships with more than 100 ticket partners and over 40 national and international distribution partners. At the time of the article the organisation consisted of 20 employees, including a team of 10 product and software developers. Tiqets plans to invest in product development and mobile technology to accelerate global expansion and improve the customer booking and venue-entry experience. It aims to strengthen its position as a worldwide market leader in travel entertainment with an emphasis on direct-bookable and mobile-based redeemable tickets in 2015.

Led · Series B · Apr 2019

Lyric designs, installs and operates a new class of flexible accommodations called Creative Suites that combine workspace, artistic studio elements, and hotel-style amenities. Its suites cater to professionals for stays from one night to over 200 nights. An in-house design team curates each suite and the company emphasizes local partnerships with businesses and makers. All suites are powered by a proprietary software and data platform used for site selection, revenue management, automated background checks, and digital access. Lyric partners with 20 of the top 50 multifamily owners, managers, and developers in the country. The company intends to use the new funding to expand operations and further invest in its proprietary technology and data platform. Lyric is a San Francisco-based company that designs and manages short-term rentals for travelers. It creates and operates accommodations aimed at travelers seeking short-term stays. The firm recently raised $15.5 million in a Series A round. Investors in the round included Fifth Wall, New Enterprise Associates (NEA), AXA Strategic Capital and NFX Guild. The funding was reported by a company spokesperson and in a blog post. The article does not provide additional operating metrics, prior rounds, or detailed future plans.

Led · Equity · Apr 2019

Oyo operates a chain of budget hotels out of Gurugram and has been mired in a series of controversies and financial setbacks. The company has seen a steep valuation decline from a $10 billion peak to about $2.4 billion following the latest funding. Oyo counts major backers including SoftBank (which owns more than 40%), Airbnb, Peak XV Partners, Microsoft and Lightspeed Venture Partners. It has attempted to go public twice, withdrawing its draft red herring prospectus for an IPO for the second time earlier this year; its 2021 filing sought roughly $1.2 billion at a $12 billion valuation. Tracxn reports Oyo has raised approximately $3.3 billion in combined equity and debt financing to date. Founder Ritesh Agarwal previously agreed to invest $1.5 billion in 2019 at a $10 billion valuation. The new funding round and valuation cut reflect ongoing challenges for the company. Oyo operates a platform that lists and partners with hotels and runs an Accelerator Programme offering mentorship, access to technology and financial support to help owners scale. The Accelerator Programme, launched in March last year to support 50 first‑generation hoteliers, now assists over 700 hotels and more than 85 small and first‑generation hoteliers and is open to owners with five or more operating hotels. The company reported that PAT in Q3 FY2024 doubled sequentially to Rs 30 crore after a maiden profitable quarter (Q2) with over Rs 16 crore PAT. Oyo said revenue grew 10% year‑on‑year and the number of hotels on its platform rose 27% in the third quarter. Management expects net profit to continue growing and reportedly aims to surpass an earlier projection of Rs 800 crore and post an adjusted EBITDA of Rs 1,000 crore this fiscal year. In November 2023 Oyo completed a debt buyback of Rs 1,620 crore (repurchasing 30% of its outstanding term loan B due June 2026), and hoteliers who participated in that programme reportedly saw about a 20% revenue increase within three months. Oyo is an Indian budget hotel chain that has aggressively expanded into Southeast Asia, Europe and the U.S. Its core business centers on franchising and operating economy hotel properties. The company has faced governance and cultural issues and strained relationships with many hotel owners, which have affected growth. The pandemic forced Oyo to slow expansion, lay off thousands of employees and see demand fall sharply; CEO Ritesh Agarwal said revenue dropped over 60% in about 30 days. Management has pared monthly burn to roughly $4–5 million and reported between $780–800 million in the bank, down from about $1 billion in December 2020. Oyo is reportedly planning to file for an IPO later this year and may shift to using Microsoft’s cloud services as part of a strategic investment. Oyo is a fast-growing Indian hospitality business that operates a global chain of hotels and recently expanded into co-working through Oyo Workspaces. The company manages more than 23,000 hotels across 800 cities in 80 countries and runs over 50 Oyo Hotels in 35 U.S. cities across 10 states. Founder Ritesh Agarwal, who founded the firm in 2013, increased his stake from 10% to 30% via Cayman Islands company RA Hospitality Holdings after purchasing $2 billion in shares. The transaction valued the business at $10 billion and coincided with SoftBank increasing its ownership to nearly half the company. Oyo has raised $1.6 billion in equity to date and was valued at $5 billion at its last funding round. The company has also acquired Innov8 for about $30 million and launched Oyo Workspaces, reflecting a push into new service lines and a planned $300 million investment in the U.S. market. OYO is an India-based hospitality company founded by Ritesh Agarwal that helps people book budget hotels and affordable stays. The company has been shifting from aggregating budget hotels toward hospitality management and expanded its branded network to the U.K., with possible acceleration into the U.S. OYO currently covers about 500,000 rooms across 13,000 hotels and 6,000 homes in eight countries including India, China, Malaysia, Indonesia, Nepal, the U.K., and the Philippines. Financially, OYO raised a $1 billion Series E led by the SoftBank Vision Fund (with Grab contributing $100 million) that valued the company at about $5 billion. In total, OYO has raised more than $1.5 billion to date. Going forward the company plans to collaborate with Airbnb, including potential listings of OYO properties on Airbnb to drive overseas traveler revenue and growth.