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Byway raises €5.9 million in a Series A funding led by Heartcore Capital to accelerate the development of flight-free travel technology

PRIVATEJul 09, 2024

Amount Raised

€5.9 Million

Round Type

Series A

LondonLeisureTravelTourism

Investors

Susan HooperJulia DaviesHe Rmesa Angel SyndicateEka VenturesHeartcore Capital

Description

London-based Byway, a travel tech startup and B Corporation championing flight-free travel, has raised €5.9 million in an oversubscribed Series A funding round led by Heartcore Capital, with participation from Eka Ventures and re-investing Byway angels. The funds will be used to accelerate the development of Byway’s unique journey-planning technology, JourneyAI, and to fuel its expansion into new regions.

Quick answer

Byway raised €5.9 Million in a Series A round, dated July 9, 2024. Investors: Susan Hooper, Julia Davies, He Rmesa Angel Syndicate, Eka Ventures and Heartcore Capital. Byway is based in London, England, United Kingdom.

How much did Byway raise?
Byway raised €5.9 Million in a Series A round on July 9, 2024.
Who invested in Byway?
Susan Hooper, Julia Davies, He Rmesa Angel Syndicate, Eka Ventures and Heartcore Capital are named as investors in this round.
What does Byway do?
Byway offers joyful holidays by train, boat and bus, full of under-the-radar en-route stops, locally-owned stays, and tips for local experiences away from the beaten path.
Where is Byway based and how big is it?
Byway is based in London, England, United Kingdom.
Who are the decision-makers at Byway?
Fundz holds 1 contact at Byway. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Leisure and Travel around the same time

Companies in the same sectors as Byway that raised within 45 days of this round, from Fundz verified event records.

  • Exoticca raised $65M (Series D) on July 24, 2024.
  • Mast Vacation Partners raised $33K (Pre-Seed) on July 23, 2024.
  • Heidi raised $7.3M (Funding Round) on June 27, 2024.
  • Directo raised $1M (Seed) on June 27, 2024.
  • Ixigo raised $20M (Pre-Seed) on June 7, 2024.
  • FLYR, Inc. raised $295M (Series D) on August 8, 2024.

Who to call at Byway, and when

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Company Information

Company

Byway

Location

London, England, United Kingdom

About

Byway offers joyful holidays by train, boat and bus, full of under-the-radar en-route stops, locally-owned stays, and tips for local experiences away from the beaten path. Byway helps you savour the experience of travelling slowly through a region, with none of the hassle of planning and booking it yourself. WhatsApp support throughout and a full Covid refund guarantee are included.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Byway raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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