How Much Did Withlocals Raise?
Funding & Key Investors

Withlocals, a prominent player in the global travel technology sector, has successfully secured a total capital infusion of $16.5M to accelerate its market expansion. This trajectory of financial backing, which includes a recent strategic investment of $9M, underscores the company's resilience and its ability to scale within the competitive experiential travel market. By leveraging these resources, the firm continues to solidify its position as a leader in connecting travelers with authentic, locally-led experiences worldwide.

The company's funding history reflects a steady progression from its initial seed round in 2013 to its most recent Series B financing in 2019. This capital accumulation has been instrumental in refining the platform's infrastructure and expanding its footprint across diverse international markets, ensuring that the company remains at the forefront of the sustainable tourism movement.

What is Withlocals?

Withlocals
HospitalityTours and Activities Reservations

Withlocals operates a sophisticated digital marketplace that facilitates unique, private travel experiences curated by local hosts. By prioritizing personalized interactions—ranging from bespoke city tours to intimate home-cooked dinners—the platform addresses the growing consumer demand for authentic, non-commercialized travel. The company's business model is deeply rooted in the principles of sustainable tourism, actively supporting local economies by providing hosts with a platform to monetize their expertise and cultural heritage. Through its commitment to customization and privacy, Withlocals has carved out a distinct niche in the travel industry, effectively bridging the gap between global travelers and local communities.

How much funding has Withlocals raised?

Withlocals has raised a total of $16.5M across 4 funding rounds:

2013

Angel/Seed

$500K

2015

Unspecified

$2.8M

2017

Series A

$4.2M

2019

Series B

$9M

Angel/Seed (2013): $500K with participation from Greenhouse Group

Unspecified (2015): $2.8M led by Horizon 2020

Series A (2017): $4.2M supported by INKEF Capital

Series B (2019): $9M featuring Inkef Capital and Keen Venture Partners

Key Investors in Withlocals

INKEF Capital

An Amsterdam-based venture capital firm founded by the Dutch pension fund ABP, specializing in long-term support for innovative companies in the healthcare, technology, and fintech sectors.

Keen Venture Partners

A European venture capital firm focused on backing bold founders and exceptional teams within the technology and software sectors to drive productivity and security.

Greenhouse Group

An umbrella organization for digital marketing agencies that provides strategic support and resources to companies operating within the digital landscape.

What's next for Withlocals?

With the support of its latest major strategic investment, Withlocals is well-positioned to enter its next phase of enterprise-level growth. The company is expected to focus on enhancing its technological capabilities, potentially integrating advanced AI-driven personalization tools to further refine the user experience. Furthermore, the firm is likely to prioritize geographic expansion, targeting emerging markets where the demand for sustainable and community-centric travel is rising. By maintaining its focus on high-quality, private experiences, Withlocals aims to capture a larger share of the experiential travel market while continuing to foster meaningful connections between travelers and local hosts on a global scale.

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Frequently Asked Questions Regarding Withlocals Financial Insights

What are the most recent funding rounds that Withlocals has completed, and what were the funding rounds?
Withlocals has recently completed 3 funding rounds: Series B on Mar 5, 2019, Series A on Oct 10, 2017, Unspecified on Sep 7, 2015.
What is the total amount of funding Withlocals has raised to date?
Withlocals has raised a total of $16.5M in funding to date.
How many funding rounds has Withlocals completed?
Withlocals has completed 3 funding rounds.
How much funding did Withlocals raise in its most recent funding round?
Withlocals raised $9M in its most recent funding round.
Who are the lead investors in Withlocals's latest funding round?
The lead investor in Withlocals's latest funding round was Inkef Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Withlocals's history?
The largest funding round in Withlocals's history was $9M.
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