YouTravel.Me, a Russian algorithm-powered online platform for adventure travel, raised $1M in funding.
The round was led by Starta VC with the help of co-investing platform Liqvest.com and participation from Mission Gate, Bas Godska and others.
The company intends to use the funds to strengthen its position on the US market, increase gross merchandise value to $2.7 million per month by the end of 2021, and enhance its technological platform.
Led by Olga Bortnikova, CEO, YouTravel.Me provides an algorithm-powered online platform for booking multi-day small group adventure travel organized by travel experts, from yoga retreats to safaris. The startup offers over 15,900 tours in over 130 countries around the world. Matchmaking algorithms connect travelers based on their interests, values, and past experiences. Using live chat or voice, travelers can also connect with travel experts who can help them prepare for an adventure and provide them with information about other tour participants. Today, there are over 10,000 travelers and 4,200 travel experts on YouTravel.Me.