27 Jan 2018
Much Better Adventures Raises £1.25m With Biggest Ever Travel Crowdfunding Campaign

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Much Better Adventures

The award-winning travel company, Much Better Adventures, has successfully raised £1.25m in a mix of equity crowdfunding and private investment. The startup hit their minimum target of £750k on Crowdcube within 72 hours of launching, making it the fastest and largest crowdfunding round by a travel company to date with over 700 investors taking part.

Launched in 2012 by Alex Narracott, Sam Bruce and Guy Bowden, Much Better Adventures is an online travel booking platform making it easier to live a more adventure-rich life. The multi-award winning company boasts a tribe of over 20,000 and adventure holiday sales of over £10m.

Speaking on the success of the campaign and use of the funds, Narracott, Bruce and Bowden said: “We're delighted to have hit our target so quickly and to have our own customers and hosts owning a piece of the pie. The round will allow us to faster expand our global range of experiences, grow our team and invest in long-term organic marketing plans and we're really looking forward to meeting many of our 700+ new investors on some of our upcoming adventures.”

Luke Lang, co-founder at Crowdcube commented: "By giving its community the opportunity to invest, alongside our own investor community and existing backers Seedcamp, Much Better Adventures' £1m+ round highlights how Crowdcube provides a platform to secure funding from multiple sources. We're pleased to have been part of Much Better Adventures growth story. We're looking forward to seeing what's next for the business."

Much Better Adventures joins Revolut, Monzo, BrewDog, and JustPark in raising over £1m on Crowdcube since the crowdfunding platform was launched 6 years ago.

For more information go to: muchbetteradventures.com

- Ends -

Notes: 

- 708 investors participated on Crowdcube with 8 private investors also joining the round including Paddy Byng, founding investor in Rapha, who also joins the company's advisory board, alongside Brett Akker (Founder of Streetcar - acq. by Zipcar and LOVESPACE).

PR Contact:

Sam Bruce

Co-founder, Much Better Adventures

sam@muchbetteradventures.com 

+44 (0)7961093040

+44 (0)2003331176

@muchbetteradven

Press Kit:

Much Better Adventures' Crowdfunding campaign video: https://vimeo.com/240781878

Images and Logos: https://www.dropbox.com/sh/c4nkrn761y01r46/AAA4DbD8EbLlE8IqwTj2amxWa?dl=0

About Much Better Adventures: Launched in 2012, Much Better Adventures make it easier to book experiences with local hosts and guides in the world's best adventure hot-spots. Select partners are invited to sell through the platform, paying a commission on bookings. Much Better Adventures is a privately held company based in Old Street, London.

About Crowdcube: A leading equity crowdfunding platform. Crowdcube enable anyone to invest alongside professional investors in startup, early stage and growth businesses through equity, debt and investment fund options. It is authorised and regulated by the FCA.

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