Fast-growing social travel app Mapify has raised $1 million in seed funding from a string of renowned funds and angel investors based in the US and Europe. The round brings the total amount raised by the Berlin startup to $1.3 million.
Launched in November 2017, Mapify lets users “visualise, find and plan” unique travel experiences. Travellers can document their experiences with text and photos, connect with other people and even collaborate on collections.
The platform has reportedly grown to a six-figure user base in just six months and is now being hailed as one of the fastest-growing social platforms on the European travel market. The investment round comes shortly after the company released a major update to its mobile apps as gears up to scale.
Patrick Haede, Mapify’s 24-year-old CEO, said:
“We are absolutely excited to be onboarding our new investors to Mapify and to be scaling the team in Berlin and LA. We want to remove the friction from today’s travel experience by creating the most engaging and seamless social travel platform on the market. We believe it is possible to unify the world of travel with a single application that connects travelers around the globe through their personal experiences.”
The funding came from a string of well-known investors including Switzerland-based Ennea VC, led by Jan Valentin, who served as senior vice president of Kayak in Europe; Dubsmash co-founder Roland Grenke; Navid Hadzaad Javaherian, former founder and CEO of GoButler and product leader at Amazon Alexa; LayJax Ventures, the investment vehicle of Pheed co-founder Phil Haus and actor Zach Avery; Niv Dror, previously of Product Hunt and AngelList; and OneFooball CEO Lucas von Cranach.
The new backers join existing investors including MIT’s Sandbox Innovation Fund; Gunnar Froh, who launched Airbnb’s international expansion; Fredrik Posse, partnerships manager at Spotify; and Hagen Angermann, former senior manager at Daimler in Asia.
Co-founder Sebastian Haede added:
“We are on the way of making Mapify as global as our user base. By adding nine additional languages last week and by designing an entirely new Explore experience for our iOS app, we shipped Mapify’s biggest update since our launch. So far, the feedback from our users around the globe has been overwhelmingly positive.”