Exoticca completes a €3.5 million Series A round from K Fund, Sabadell Venture Capital and Grupo Palau.

Exoticca, a Barcelona, Spain-based company providing online travel services, announced the completion of a €3.5 million ($4.1 million) Series A capital funding.

The money was provided by investors from Spain, led by Madrid-based VC K Fund, with existing investors Sabadell Venture Capital and Grupo Palau also participating, along with new investors Nero Ventures, Palladium Corporate Venture and Smartech Capital.

The money will be used for expanding to Italy, Germany and later for a launch into the U.S. and Canada. Funds will also be funneled into further developing the platform.

Exoticca, founded in 2013 and led by CEO Pere Valles, developed a booking platform that allows users to buy such trips online in a single visit, thanks to a proprietary booking engine that integrates with all the various providers enabling real-time pricing. The company claims that it is operating in one of the few travel market segments that has not yet been digitized with people still purchasing these types of trips in traditional “offline” travel agencies, owing to relative complexity, with the holidays typically having multiple legs and components, perhaps including international and domestic flights, land transportation, hotels in different locations, tour guides and so on.

Exoticca currently operates in three European markets: Spain, France and the UK, and had a €10.5 million turnover in 2017.