Lovetovisit, a Cardiff, Wales, UK-based travel platform which helps people find and book local attractions, experiences and events, raised £3.2m in funding.
The round was led by Venrex and Redrice Ventures with participation from Active Partners, Velocity Partners and angels.
The company intends to use the funds to scale operations in the UK, further the platform’s expansion, to enhance the platform’s AI capabilities to further optimise the user experience, and to scale operations internationally.
Founded in 2021 by twin sisters Georgia and Alice Aubrey alongside tourism and culture expert Fed Pereira, Lovetovisit enables people to discover and book things to do nearby, from theatre trips and city attractions, to quirky family days out, local events and festivals. With more than 2,700 products currently listed on the platform reaching a community of more than 3.2 million users, the system enalbes users to buy tickets in real-time at the guaranteed lowest price, and receive them via text and email. The mobile-optimised platform uses AI to send personalised recommendations to users to help them discover their next trip and offers interactive maps to help them find out what’s going on nearby.
Since launch, Lovetovisit has turned over £7.4m in revenue and powered hundreds of thousands of experiences.
FinSMEs
01/08/2024