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18
Jun

European rail rabblerousers Capitaine Train books Euro 2.5 million in latest round

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Capitaine Train, the railway booking tool aspiring to deliver full access to all European rail travel, has booked an additional round of 2.5 million Euros in funding.

This round, which is equivalent to $3.25 million, adds to the French startup’s initial €1.4 Million ($1.8M) raised in February 2012.

Investors in the first round, the latest funding comes from Index Ventures (whose investments include Skype and Dropbox) and CM-CIC Capital Privé.

Founded by Jean-Daniel Guyot, Martin Ottenwaelter and Valentin Surrel in 2009, Capitaine Train’s mission is to make all of European rail inventory accessible to one-stop online booking.

Capitaine Train is the only booking site that distributes all of the offers of the two major railway companies in Europe: SNCF and Deutsche Bahn. In addition to that the startup also sells iDTGV, Eurostar, Thalys and Lyria tickets.

Jean-Daniel Guyot, co-founder and CEO of Capitaine Train, said in the announcement:

This investment will fuel our entry to new markets while assisting our growth in France. We’re thrilled to have such a strong group of investors supporting that mission. This funding provides us with the opportunity to achieve our goal even faster.

Martin Mignot, principal at Index Ventures:

Capitaine Train has a unique position, seamlessly connecting European booking systems and making them available to customers in a beautifully simple and easy-to-use website. Capitaine Train continuously shows strong results in terms of growth, revenue and customers engagement. We are very happy to continue supporting Capitaine Train and look forward to expanding the company’s potential over time.

The company emerged from beta in October of 2012, and is now focused on user growth and expansion of available rail inventory.

Original author: Nick Vivion
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