Family Traveller, a London, UK-based print and online media business focused on the family travel market, raised £750k (US$1.16m) round of funding.
Backers included the Cass Entrepreneurship Fund, the Angel Co-Fund and individual angel investors.
The investment will be used to invest in the digital side of the business and the user experience that it offers, with the aim of growing the base of online users and attracting increased commitments from advertisers. It will also support marketing and brand building activities, and enable the business to attract media talent.
Led by Andrew Dent (CEO), Family Traveller is a print and online media business providing inspiration and advice for holidaying with children of differing age groups, as well as multi-generational travel. Regular contributors include the BBC’s Simon Reeve, Mariella Frostrup and Tom Parker Bowles.
To date, the company has published 12 issues of Family Traveller Magazine (average distribution 65,000 copies). The website has grown to c. 100,000 monthly unique users and an email newsletter database of over 45,000.