What is Lime&Tonic?
Lime&Tonic operates in the experiential services sector, curating a 'Top 50' list of activities within cities. These recommendations, ranging from dining and spa treatments to weekend getaways and cooking classes, primarily focus on higher-ticket items valued between 50 and 300 EUR. The company differentiates itself through a concise online guide, collective purchasing to offer discounts of over 50% on weekly featured activities, and a sustainable ethos that supports local destinations, with a portion of purchases donated to charity. This model appeals to both local residents and tourists, positioning Lime&Tonic as a unique player in the travel and leisure space.
How much funding has Lime&Tonic raised?
Lime&Tonic has raised a total of $1.4M across 1 funding round:
Angel/Seed
$1.4M
Angel/Seed (2013): $1.4M, investors not publicly disclosed
What's next for Lime&Tonic?
The recent major strategic investment suggests Lime&Tonic is poised for significant scaling and market penetration. Future initiatives will likely focus on expanding its curated offerings, enhancing its collective purchasing platform, and potentially broadening its geographical reach. The company's cash-positive business model, characterized by an upfront payment structure, provides a strong foundation for sustainable growth and continued innovation in the experiential services market. Further development of its unique selling proposition, combining an active city guide with collective purchasing for guaranteed long-term visibility for suppliers, is expected.
See full Lime&Tonic company page
