Airbnb-backed WeRoad raises $58M to take its group travel platform to the US

Airbnb-backed WeRoad raises $58M to take its group travel platform to the US

WeRoad, the Milan-based group travel startup, has raised a $58 million Series C round led by Airbnb as it prepares for its first major expansion outside

Airbnb leads $58m investment in travel startup WeRoad

US: Airbnb has led a $58 million Series C investment round in adventure travel platform WeRoad, as the company prepares to expand into the US market.

All the accounts of the Italian WeRoad targeted by Airbnb

The American short-term rental giant is leading the capital increase and will acquire a stake of more than 10% in the company founded by Paolo De Nadai. WeRoad is thus accelerating its expansion in the US, with H14, owned by the Berlusconi family, and other Italian investors remaining among the shareholders. Revenues are expected to rise to €130 million in 2025, a 30% increase. Facts, figures, and insights

Airbnb leads a $58M Series C in WeRoad and hires its CEO to run hotels

The Milan group-travel platform takes a $58M Series C and a strategic 10% Airbnb shareholding. Andrea D'Amico leaves to run Airbnb's hotels division. Airbnb has led a $58m Series C in WeRoad, the Milan-based group-adventure-travel platform, taking a 10% stake and a board seat as part of the deal. Andrea D'Amico, the company's chief executive [ . . . ] This story continues at The Next Web

BLK ALERTS - Airbnb-backed WeRoad raises $58M to take its group travel platform to the US

WeRoad, the Milan-based group travel startup, has raised a $58 million Series C round led by Airbnb as it prepares for its first major expansion outside Europe. The funding brings the company’s total capital raised to roughly $100 million and will finance WeRoad’s push into the U.S., beginning with Austin. The new investment reflects a […]