Investment in TravelLocal at a pivotal point in its growth journey
9 May 2019
The Gresham House Ventures team is delighted to announce its investment in TravelLocal.com, a global B2C online marketplace for tailor-made holidays.
TravelLocal is disrupting one of the last segments of travel which remains offline by connecting consumers directly with handpicked experts based in their destination. This bypasses the traditional UK-based middleman, for better expertise and value, but retains the security of ABTA and ATOL protection. TravelLocal is building a global brand, having taken bookings from clients in 39 origin countries around the world and offering 53 destinations so far.
The investment is part of a growth capital funding round which also includes Active Partners.
Gresham House Ventures Associate Director, Tom Makey said:
“TravelLocal is at a pivotal point in its growth journey as it looks to increase market share and expand internationally. The travel space, like many sectors, is experiencing significant change and this managed marketplace and platform demonstrates how technology is being used to facilitate a better and more intuitive experience for travellers.”
