Financials

Estimates*

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Revenues, earnings & profits over time
USD20182023
Revenues25.1m27.4m
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DateInvestorsAmountRound
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N/A

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$500k

Seed

€2.5m

Grant
*

$4.2m

Series A
*

€8.0m

Series B
Total Funding€14.8m

Recent News about Withlocals

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More about Withlocalsinfo icon
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Withlocals is a dynamic startup that connects travelers with local hosts to provide personalized travel experiences. Operating in the global travel market, Withlocals caters to conscious travelers who seek authentic, sustainable, and culturally enriching experiences. The company serves a diverse clientele, including solo travelers, families, and small groups who are looking for unique, local insights and activities that go beyond typical tourist attractions.

The business model of Withlocals is straightforward yet effective. It operates an online platform where travelers can browse and book various experiences offered by local hosts. These experiences range from guided tours and cooking classes to cultural workshops and outdoor adventures. Local hosts, who are vetted and approved by Withlocals, list their services on the platform and set their own prices. Travelers can then book these experiences directly through the Withlocals website.

Withlocals generates revenue by taking a commission on each booking made through its platform. This commission-based model ensures that the company earns money only when a transaction occurs, aligning its interests with both travelers and hosts. Additionally, the platform offers travel credits and gift cards, providing further revenue streams and encouraging repeat business.

The market for Withlocals is vast and growing, as more travelers seek meaningful and sustainable travel options. The company emphasizes minimizing tourism leakage—where money spent by tourists does not benefit the local economy—by promoting a circular economy. This approach ensures that more of the money spent by travelers stays within the local community, benefiting local businesses and residents.

In summary, Withlocals is a travel platform that connects travelers with local hosts for unique, personalized experiences. It serves a global market of conscious travelers, operates on a commission-based model, and focuses on sustainable tourism.

Keywords: travel, local experiences, sustainable tourism, global market, personalized, commission-based, conscious travelers, cultural exchange, online platform, circular economy.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.