# Adventoro Travel Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/adventoro-travel-technologies

- Industry: Internet
- Headquarters: Petaling Jaya, Malaysia
- Website: www.adventoro.com
- Total disclosed funding: $0.2M
- Latest round: Seed (Dec 10, 2018)
- Investors on record: 1

## About

Adventoro Travel Technologies provides an online platform specializing in adventure travel experiences, offering personalized and unique activities for travelers looking to explore diverse destinations.Founded in 2017 by Ken Lau, Adventoro Travel Technologies operates from Petaling Jaya, Malaysia. The company focuses on adventure travel experiences, connecting travelers with local operators. In December 2018, Adventoro raised USD 0.22 mn in a Seed funding round from Cradle Seed Ventures, achieving a post-money valuation of USD 1.68 mn.Adventoro specializes in providing a comprehensive online platform for adventure travel experiences, offering curated adventure packages that include activities such as hiking, climbing, diving, and cultural excursions. The company's services cater to adventure-seeking tourists and travelers, allowing them to explore off-the-beaten-path destinations by directly connecting with local operators. Adventoro operates in key markets, including Southeast Asia, Australia, and select regions in Europe, focusing on delivering tailored adventure options to meet diverse customer preferences.In the most recent fiscal year of 2024, Adventoro generated no revenue, with an EBITDA of -USD 2,379.3 mn. The company operates on a commission-based revenue model, earning a percentage from each transaction made through its platform, which connects customers with adventure activity providers.Adventoro intends to use the funds from its most recent Seed round, raised in December 2018, to enhance its platform and expand into new markets. Specifically, the company is targeting additional regions within Southeast Asia and potential entry into North America by the end of 2024. New product offerings are also in development, aimed at diversifying the adventure packages available on the platform.

## Funding rounds

- Seed, Dec 10, 2018, $0.2M — Cradle Seed Ventures

## Investors

- Cradle Seed Ventures (https://capitalatlas.ai/funds/cradle-seed-ventures) — Seed
