Passbeach, a Bari, Italy-based provider of a platform for people to book beach services, raised a seed funding round.
Milan-based early stage investment firm Key Capital, led by CEO & Founder Giorgio Di Stefano, made the investment valuing the startup at €300k.
The company is using the funds for its initial development and expansion of operations nationwide.
Led by Andrea De Gennaro, CEO & Founder, Passbeach allows users to book umbrellas and deckchairs and other other services at private beaches.
The platform enables people to search and find a place of interest based on geo-localization, select the resort, add arrival and departure dates, and book the services.