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Today in Germany: Trivago, GastroHero Written by Felicitas Hackmann on 6. December 2016

Trivago files for IPO

The Dusseldorf-based hotel booking site Trivago will file for a U.S. IPO and expects shares to be between $13 to $15. In total, that makes a $428 million offering. The company’s mission is to “be the traveler’s first and independent source of information for finding the ideal hotel at the lowest rate.” Platform visitors have access to 1.3 million hotels in over 190 countries.

GastroHero raises eight digit amount

GastroHero, a three-year old startup near Dortmund, is in the B2B sector for restaurant and gastronomy. Today the startup announced it has received an investment from Genui, a Hamburg-based VC. The eight-digit amount will be used to grow internationally. Further details remain undisclosed.
[Gründerszene] (German)

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