Omio
 | |
| Type | Travel website |
|---|---|
| Founded | 2013 |
| Founder | Naren Shaam |
| Headquarters | Berlin, Germany |
| Website | omio |
Omio is a German online travel agency and multimodal travel booking platform headquartered in Berlin. Founded by Naren Shaam and launched as GoEuro, it enables users to search, compare and book rail, bus and coach, air and ferry travel.[1]
The company adopted the Omio name in 2019 as part of an expansion beyond its original European market.[2] Later that year, Omio acquired the multimodal journey-planning service Rome2Rio, which continues to operate as a separate brand.[3] Omio also operates a B2B distribution business that provides transport inventory to third-party platforms.[4]
History
[edit]Indian-born entrepreneur Naren Shaam, a 2012 Harvard Business School MBA graduate,[5] founded the company in 2013 under the name GoEuro. Initially focused on German and British rail and bus data, the platform rapidly expanded to cover 500 operators in 36 European countries by 2018.[6]
In 2019, the website rebranded itself as Omio and acquired the Australian travel website Rome2rio.[7]
In January 2020, Omio expanded to Canada and the United States.[7]
COVID-19 contraction and recovery (2020–2022)
[edit]The COVID-19 pandemic cut Omio’s revenues by 98 percent in March 2020, leading to large-scale furloughs and a switch to “keep-the-lights-on” operations.[8]
Recent developments
[edit]In 2024, Omio partnered with Companjon to offer Omio Flex, allowing users to cancel journey tickets up to two hours before departure time.[9]
Business model and services
[edit]Omio aggregates schedules, fares and seat inventories from rail, coach, air and ferry operators, normalising disparate data sets into a single search interface.[10]
Omio employs more than 300 people and is active in 37 countries globally.[11]
The website is available in 21 languages.[12] It offers travelers the ability to organize transportation requirements such as trains, planes, buses, etc by using their easy-to-use platform.[13] It covers 207 European airports, over ten thousand central bus stations, and over twenty thousand train stations.[14]
Funding and valuation
[edit]Since launch Omio has raised roughly US$480 million in venture financing from investors including Temasek, Kinnevik, Goldman Sachs and NEA. and resumed full operations as intra-European ground travel rebounded late in the year.[8][15]
Major rounds include a US$150 million Series C in 2018, the US$100 million convertible note in 2020,[16] and the US$80 million Series E in 2022.[15]
See also
[edit]References
[edit]- ↑ Lomas, Natasha (14 February 2019). "GoEuro rebrands as Omio to take its travel aggregator business global". TechCrunch. Retrieved 6 September 2026.
- ↑ Lomas, Natasha (14 February 2019). "GoEuro rebrands as Omio to take its travel aggregator business global". TechCrunch. Retrieved 6 September 2026.
- ↑ Lomas, Natasha (31 October 2019). "Omio buys Rome2rio to build out its global travel aggregator business". TechCrunch. Retrieved 6 September 2026.
- ↑ Lomas, Natasha (3 August 2022). "Uber tie-up with Omio adds train and coach booking to app — starting with UK". TechCrunch. Retrieved 6 September 2026.
- ↑ Moynihan, Qayyah; Hannah Schwär (3 November 2020). "Omio's founder quit Wall Street for Berlin. Now his startup's worth more than $1 billion". Business Insider. Retrieved 7 August 2025.
- ↑ Lomas, Natasha (31 October 2019). "Omio buys Rome2rio to build out its global travel aggregator business". TechCrunch. Retrieved 7 August 2025.
- 1 2 Turk, Victoria (July 9, 2020). "Inside the messy mission to make train travel as easy as flying" – via www.wired.co.uk.
- 1 2 Busvine, Douglas (19 August 2020). "Booking app Omio raises $100 million in travel recovery bet". Reuters. Retrieved 7 August 2025.
- ↑ Fox, Chloe. "Omio expands Omio Flex in partnership with insurtech Companjon". www.itij.com. Retrieved 2025-03-06.
- ↑ Lomas, Natasha (14 February 2019). "GoEuro rebrands as Omio to take its travel aggregator business global". TechCrunch. Retrieved 7 August 2025.
- ↑ Fiala, Klaus. "Omio's Journey To Connect Europe". Forbes.
- ↑ "A Travel App Raises Fresh Funds to Expand to 30 Countries". Fortune.
- ↑ Arsenault, Bridget. "Meet The Founder Of The Latest Must-Have App". Forbes.
- ↑ Hirschauge, Orr (August 27, 2014). "Inter-City Travel App GoEuro Raises $27 Million Funding Round" – via www.wsj.com.
- 1 2 Lomas, Natasha (20 June 2022). "Omio raises $80M as travel demand rebounds after years of COVID-19 crisis". TechCrunch. Retrieved 7 August 2025.
- ↑ Lomas, Natasha (18 August 2020). "Omio takes $100M to shuttle through the coronavirus crisis". TechCrunch. Retrieved 7 August 2025.
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