7 years ago
Culture Trip Secures $80M to Redefine Travel Content for Millennials
Culture Trip, a London-based travel site aimed at millennials, has raised $80 million in Series B funding
The round was led by PPF Group
The site distinguishes itself from competitors by focusing on travel writing and local culture content instead of directly selling travel services
Culture Trip plans to use the funding to further grow its audience and gradually introduce monetization strategies like branded content and travel service links.
ProblemTourism
"Millennials are overwhelmed by the amount of travel information available online, making it difficult to find authentic and engaging content that inspires them to travel."
Solution
"Culture Trip provides a curated platform for millennials to discover unique travel experiences through high-quality storytelling, photography, and video content. It leverages its strong content to attract a loyal audience and build a community around travel."