
Virail
Find cheap tickets online: timetables and prices | virail.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | $500k | Debt | |
Total Funding | 000k |
Virail GmbH operates as a technology-driven travel metasearch platform, providing a comprehensive comparison tool for multi-modal transportation options. The company aggregates and presents offers for trains, buses, flights, and carpooling, enabling users to identify the most efficient and cost-effective travel routes. Its business model is centered on user referrals; the platform directs customers to its extensive network of over 200 transportation partners to complete bookings, earning revenue through these referrals.
The company's genesis traces back to Milan in 2012. It began as a side project by its founder, Dario Guarascio, who currently serves as the Chief Technology Officer. Guarascio, an Associate Professor of Economic Policy, identified a market need for a unified comparison tool following the fragmentation of Italy's high-speed railway system. His academic background in economics, innovation, and digitalization provided the foundational expertise for developing a data-intensive platform. This initial focus on Italian rail travel expanded over time to include a broader range of transportation modes and international markets.
A significant milestone occurred in 2017 when Virail secured venture capital funding from investors including TA Ventures and Neurone, facilitating the relocation of its headquarters to Berlin, Germany. This move positioned the company within a major European tech hub, supporting its international expansion. The platform's primary service is its search engine, which synthesizes vast amounts of scheduling and pricing data from partner websites into a streamlined, user-friendly interface. This removes the complexity for travelers of manually comparing multiple sites, offering a clear overview of available options filtered by price, duration, and other criteria.
Keywords: travel metasearch, price comparison, multimodal transportation, booking platform, affiliate model, travel technology, online travel agent, train booking, bus travel, flight comparison