The London-based luxury travel deals specialist will receive the funds from across OMGI’s small- and mid-cap UK equities desk.

Secret Escapes said it would use the cash injection to focus on delivering growth in its core business and to accelerate the ongoing integration of the Slevomat Group, which it acquired in late 2017.

The brand will also use its investment to roll out a number of strategic projects such as in-house hotel and flight packaging.

Having raised £104 million in capital since 2011 and achieved “significant” full-year group profitability this year, Secret Escapes said this latest backing was “testament to [our] rapid growth and development”.

Since launching, Secret Escapes has expanded into 21 territories in Europe, Asia and the US, grown its global membership base from four million in January 2014 to more than 50 million worldwide and has enjoyed compound annual revenue growth of 156%.

Alex Saint, chief executive of Secret Escapes, said: “We’re delighted to be joining the likes of The Hut Group and TransferWise in OMGI’s impressive UK small- and mid-cap equity portfolio, as we enter the next exciting stage of Secret Escapes’ growth.

“The support from OMGI will help us to inspire the world to escape with amazing hand-picked, discounted travel deals and innovative product developments.”

Dan Nickols and Richard Watts, UK small- and mid-cap portfolio managers at Old Mutual Global Investors said: “Since launch, Secret Escapes has become a clear leader in the travel sphere; building a database of loyal travellers and acting as a trusted and valuable partner for hotels and holiday suppliers across the globe.

“We’re proud to support Secret Escapes and its profitable business model on this next step, as the brand further develops its global leadership, develops new products and offers its members luxury travel for less.”