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Essentialist raised $10 million in a series A funding round led by Iris Ventures to create bespoke travel itineraries with AI and personalized service.

PRIVATEJul 15, 2024

Amount Raised

$10 Million

Round Type

Series A

PalmaLeisureTravel

Investors

Iris Ventures

Description

Specialist fund Iris Ventures is leading a $10 million series A funding round into Essentialist, a luxury travel concierge that designs and organizes bespoke itineraries for members, aiming to take the hassle out of traveling. Essentialist, based in Mallorca, Spain, utilizes AI and personalized service to cater to clients' interests and hobbies, in addition to offering 24/7 service during trips.

Quick answer

Essentialist raised $10 Million in a Series A round, dated July 15, 2024. Investors: Iris Ventures. Essentialist is based in Palma, Balearic Islands, Spain.

How much did Essentialist raise?
Essentialist raised $10 Million in a Series A round on July 15, 2024.
Who invested in Essentialist?
Iris Ventures is named as investors in this round.
What does Essentialist do?
Essentialist is a private membership travel service providing highly bespoke and curated trips globally to passionate travelers.
Where is Essentialist based and how big is it?
Essentialist is based in Palma, Balearic Islands, Spain. Fundz records about 126 employees.
Who are the decision-makers at Essentialist?
Fundz holds 1 contact at Essentialist. 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 Essentialist 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.
  • Former LOGE Hotel raised $7M on July 19, 2024.
  • Byway raised $6.4M (Series A) on July 9, 2024.
  • Directo raised $1M (Seed) on June 27, 2024.
  • Heidi raised $7.3M (Funding Round) on June 27, 2024.

Who to call at Essentialist, and when

A new round usually means Essentialist is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Essentialist raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Essentialist, from your own LinkedIn network

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Company Information

Company

Essentialist

Location

Palma, Balearic Islands, Spain

About

Essentialist is a private membership travel service providing highly bespoke and curated trips globally to passionate travelers. By using compelling local insights from travel writers and insiders, we design and book travel itineraries that are unique to each member and destination, for all their journeys both large and small.

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Fundz sees it the moment Essentialist raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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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

Essentialist 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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