Smart Destinations Raises $3M in Debt Financing
Smart Destinations, Inc., a Boston, MA-based provider of admission attraction passes in 14 major North American travel destinations, recently closed on $3m in debt financing.
The funding was led by Toronto, Canada-based specialty finance company MMV Financial, which offers long-term venture loans to venture-backed technology and life science companies in North America, with participation from Square 1 Bank of Durham, NC, which committed $1m debt financing.
This additional capital will help Smart Destinations continue to develop its technology infrastructure.
The company’s Go City Cards and Explorer Passes offer pre-paid access to over 425 museums, attractions, and tours for one low fixed price.