4 years ago
eola Raises €2.3 Million to Empower Experience Providers
eola, a UK-based traveltech startup, has raised €2.3 million in a Series A funding round led by Pentech Ventures, with participation from Techstars
The company provides cutting-edge operations technology to experience providers, automating bookings, payments, scheduling, and resource management
eola saw its business grow 5x in 2020 and is anticipating accelerated growth in 2021 with the rise in market enthusiasm for outdoor experiences
The new funding will be used to expand the company's technology, team, and commercial footprint.
ProblemTravel and Hospitality
"making it difficult for experience and activity providers to manage their entire business, automate bookings and payments, and provide features like memberships, vouchers and rentals"
Solution
"eola's operating system, which automates bookings and payments, makes scheduling and resource management easy, and provides features like memberships, vouchers and rentals, to help experience and activity providers to run their businesses more efficiently and boost their revenue"