Ground transportation company Welcome Pickups has raised €5.3 million in its latest funding round.
Existing investors Market One Capital, Flashpoint and Venture Friends also participated in the investment in the Greece-based startup.
The funding will go towards expansion with Welcome Pickups looking to double its destination network and launch new destinations across North and South America.
Alex Trimis, CEO, says that some of the funding will also go towards improving the customer experience and new product development.
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The company offers transfers, sightseeing rides and add-on travel services such as SIM cards and skip-the-line attraction tickets.
Welcome Pickups, which was founded in 2015, says it has been profitable for the past 18 months despite the pandemic.
It also claims to have grown by 50% in 2022 and launched 30 new destinations.
The company raised €3.3 million in 2019 saying it planned to add partners, build its core team further and develop an app.