# FERRYHOPPER S.A,

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ferryhopper-s-a

- Industry: Internet
- Headquarters: Athens, Greece
- Website: www.ferryhopper.com
- Total disclosed funding: $3.6M
- Latest round: Series A (Jun 29, 2020)
- Investors on record: 3

## About

Ferryhopper S.A. is a digital ferry booking platform that simplifies travel by offering users the ability to search, compare, and purchase ferry tickets across a vast network of routes in Europe.Founded in 2016 in Athens, Greece, Ferryhopper S.A. operates a ferry booking platform that allows users to access over 3,000 routes. The company was co-founded by Aiden Short, Christos Spatharakis, and Panagiotis Sarafis. Currently led by CEO Christos Spatharakis, Ferryhopper has completed three deals, with the most recent funding round occurring on June 28, 2022. In this round, the company raised EUR 5 million from investors including Piton Capital, LAUNCHub, and Metavallon VC, bringing the total amount raised to EUR 5 million.Ferryhopper's core offering is a comprehensive ferry booking platform that allows users to search, compare, and purchase ferry tickets across more than 3,000 routes managed by over 160 ferry companies. The platform facilitates travel between popular destinations in Greece, Italy, Spain, Croatia, and beyond, catering to leisure travelers, families, and local commuters. Users benefit from real-time scheduling information and can access exclusive offers and discounts. The user-friendly platform enables easy management of bookings and modifications, supporting seamless travel planning.In 2022, Ferryhopper generated revenue of EUR 6,978,644, with an EBITDA of EUR -1,088,986. The company operates on a commission-based model, earning fees for each ticket sold through its platform, which is enhanced by partnerships with ferry companies that provide competitive pricing and promotions.In June 2022, Ferryhopper S.A. raised EUR 5 million in venture funding led by Piton Capital, which will be utilized to improve services and products, strengthen its position in the Mediterranean market, and expand into additional European regions. The company aims to enhance its offerings and reach more travelers by leveraging this funding for strategic growth initiatives.

## Funding rounds

- Series A, Jun 29, 2020, $2.9M — Easy Group, LAUNCHub, Metavallon VC
- Seed, Apr 1, 2019, $0.7M — Easy Group, Metavallon VC

## Investors

- Easy Group — Seed, Series A
- Metavallon VC (https://capitalatlas.ai/funds/metavallon-vc) — Seed, Series A
- LAUNCHub (https://capitalatlas.ai/funds/launchub) — Series A