Questo Raises Angel Funding Round

questoQuesto, a Bucharest, Romania-based mobile city exploration game present in 40 European cities, secured a pre-seed round of funding.

Two private angel investors participated in the round which raised the valuation of the business at more than $1.5m.

The company will ude the funds to accelerate its expansion in some of the largest cities in the world includng London, New York, Paris, Berlin, Amsterdam, Barcelona and more.

Led by Alex Govoreanu, CEO, Questo allows users to explore cities by solving clues in order to discover new places and stories about them. Each route (quest) they explore is based on a specific theme, which can be inspired by a movie, a book, a historical fact or just a legend.
Last year, 35,000 people finished a quest while walking more than 100.000 kilometers to discover popular and hidden locations, as well as local stories.

As of today, the app has over 100 available quests created by a network of local content creators. They can be purchased inside the Questo iOS and Android apps, on TripAdvisor and on GetYourGuide, for prices ranging from 8 to 20 Euro.

The company also works with brands such as Samsung or Bitdefender, tourism agencies and other companies to create custom quests that offer travel experiences for their customers and employees.

FinSMEs

28/02/2019

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