CaptainBook.io raises €250,000 in pre-seed funding
Greece: In-destination channel manager CaptainBook.io has announced that it has raised €250,000 in a pre-seed funding round on startup investments platform SeedBlink. and plans to expand to Europe.
The funding will be used to drive product development and accelerate the startup’s expansion into Eastern Europe, specifically in Romania, Poland, Spain and Italy.
Founded in 2021, CaptainBook.io connects tours, activities and experience providers to local resellers such as hotels, short-term rental hosts and travel agencies.
The Naxos-based startup launched the pre-seed round campaign last June, and it is now positioning itself to capitalise on a market that is poised for significant growth in the coming years.
Jerome Bajou, CEO and co-founder of CaptainBook.io, said: “Since we started in 2021, we have fought to empower any small- to medium-sized travel experience business worldwide to get started and grow their business through technology to help them be more independent from large online travel agencies. This round will further boost our product and services, helping more small and large travel experience companies.
“Within this investment, we will heavily focus on their satisfaction, investing all funds in improving our product, and expanding our services to the rest of Greece, Romania, Poland, Italy and Spain,” he added.
Andrei Dudoiu, managing partner at SeedBlink, said: “When we first met the CaptainBook team, we were impressed by their in-depth knowledge of tourism. We are thrilled that our investors chose to participate in their pre-seed round and support them in their mission to transform the infrastructure that underpins the sale and distribution of travel and experiences.
“Some of them were eager to assist in paving the way for Romanian expansion,” he added.