Polarsteps, an Amsterdam, The Netherlands-based travel tracking app, raised €500k in funding.
Backers included Silver Point Ventures and TMG.
The startup plans to use the funds to expand its team, further develop its product and launch an Android app.
Co-founded by Niek Bokkers and Koen Droste, Polarsteps provides an app that automatically tracks travelers’ route and places they’ve visited during their trip. Once connected to the internet, the app transfers travel routes, key locations and photos to their personal Polarsteps page, where the route is plotted on a world map that can be shared with friends and family.
The app, whose beta version for iPhone was launched in April 2015, uses advanced technologies to enable travelers to track their routes without internet or GPS, and to prevent battery drain.
FinSMEs
17/03/2016