Essentialist, a Mallorca, Spain-based provider of a digital travel service, raised $10M in Series A funding.
The round was led by IRIS Ventures, with participation from existing and new angel investors.
The company intends to use the funds to invest in brand development, continued innovation for the curation and automation of its product, strengthening of its DTC business and scaling of its B2B channel.
Led by CEO and Founder Joan Roca, Essentialist offers travel experiences across almost 1,000 global destinations. By leveraging data, proprietary technology and in-house creative talent, Essentialist is able to generate curated itineraries through digital experiences that cater to its membership-base of travelers. The company has built a database of customized luxury travel experiences that feed its itineraries (70k+ experiences worldwide). Essentialist’s growing network of 200+ travel and lifestyle editors review and update over 2,500 of their best recommendations on an ongoing basis.
FinSMEs
17/07/2024