Global travel platform Daytrip bags $10M Series B round

New Investment will drive rapid international growth

Global travel platform providing private door-to-door car transfers Daytrip has announced it's closed $10 milllion in Series B funding, led by Taiwania Capital.

It had participation from existing investors Euroventures, J&T Ventures and N1 as well in the round. 

Then latest funding round will support the company in further building the platform, expanding its operations in new countries including the US and "establishing strategic partnerships with key industry leaders". 

“We have truly global goals with Daytrip and it is so satisfying to see the brand’s expanding footprint and positive impact as we are now available in more than 110 countries worldwide,” said Tomáš Turek, co-founder and CEO of Daytrip. 

“Daytrip started with the idea that people want more than a transfer, they want an experience when going places and we are excited that our customers are choosing us for this reason and that our new investor, Taiwania Capital, believes in our product and supports us as we open the platform to millions of travelers around the world.”

Mitch Yang, Managing Partner at Taiwania Capital, added: "Daytrip's innovative platform boasts optional sightseeing stops, enabling travelers to explore captivating destinations along their route, making every journey an adventure."

“Taiwania Capital's support in this funding round demonstrates our strong belief in Daytrip's mission and potential to reinvent the travel experience. 

"With our expertise, industry insights, and global network, Taiwania Capital will play a pivotal role in accelerating Daytrip's growth and facilitating its expansion into new markets.”

Since it first started operating, Daytrip's network has grown to more than 7,000 drivers, which has helped over 850,000 people "transform their travel day into a holiday". 

Daytrip has maintained a 5-star rating on Tripadvisor during this time and expanded its operations to more than 110 countries worldwide. 

Travel trends for 2024 show that people are seeking unique experiences and are immersing themselves in the local cultures of the destinations they are visiting. 

With English-speaking drivers and optional sightseeing stops, Daytrip provides travelers with this one-of-a-kind experience. Allowing people to add stops during their transfers also helps with over-tourism as people get a chance to “escape” the overcrowded tourist hotspotsfor a calmer experience in smaller, but still beautiful cities

Independent travel as a trend has accelerated in the last three years as people are more interested in flexible, private transfers for traveling solo or with a close group of family or friends. 

These trends are reflected in Daytrip’s increased popularity as the company has transferred over 350,000 people in 2023 which is double the amount compared to 2022. 

“Traveling is picking up again and in fact, data show that American travelers are about to take as many, or even more international trips in 2024 compared to last year,” said Markéta Bláhová, co-founder and COO of Daytrip. 

“People are looking to explore countries they were not able to travel to during the pandemic, they are more willing to spend their money on unique travel experiences and immerse themselves into the local cultures. And Daytrip is ready to help them achieve that.”