GoEuro, a travel booking app backed by major investors including Goldman Sachs, has raised $70 million in a bid to expand the offerings on its platform.
The funding round was led by Silver Lake Kraftwerk, a fund of Silver Lake, and Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers.
Berlin, Germany-based GoEuro allows you to plan and book a trip across Europe using different modes of transport such as buses, trains and flights. The idea, according to chief executive Naren Shaam, is to make it as easy as ordering an Uber.
The company earns commission off every ticket it sells and the three-year-old company is now looking at adding new transport modes on to the platform including ferries and ride sharing services.
"When you look at the European landscape it has thousands of ground transportation options, but the majority of tickets are bought at station and it's not mobile. The options you have with ride-sharing apps or Amazon aren't there yet," Shaam told CNBC in a phone interview.
"We are going to invest more in our product to bring the whole industry into mobile."