byLocals
Latest round
- Seed
Last raised
- Mar 2020
Total raised
- Undisclosed
Investors
- 2
About byLocals
Founded in 2019 in Mexico City, Mexico, byLocals focuses on offering unique travel experiences. The company has not undergone significant pivots in strategy or business operations since its inception. The founders, Daniel Vielma, Diego Vielma, and Rodolfo Cavallini, aimed to address the challenges of impersonal tourism by fostering deeper interactions between travelers and local cultures.byLocals specializes in providing unique travel experiences that connect visitors with local communities. Their primary offering consists of curated tours and activities designed to showcase authentic cultural interactions and exploration. These services cater to a diverse clientele, including tourists seeking immersive experiences that go beyond traditional sightseeing. By emphasizing local insights and personal connections, byLocals aims to solve the problem of impersonal tourism, allowing travelers to engage with destinations on a deeper level.Revenue generation for byLocals is primarily driven through direct-to-consumer transactions, where customers book tours and experiences via their platform. Each booking typically involves a fixed fee structure, where clients pay for specific offerings at the time of reservation. The company may also engage in partnerships with local guides and service providers, facilitating a commission-based model that aligns incentives with the quality of service delivered. Pricing plans are structured around individual experiences, reflecting the unique nature of each offering, ensuring that customers receive value for their investment. The company plans to design and introduce new travel experiences that cater to evolving traveler preferences. Additionally, byLocals is targeting expansion into new markets, particularly in Latin America and Asia, by the end of 2022, aiming to connect more travelers with local communities worldwide.
Who invested in byLocals
2 investors across 1 round
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Funding rounds
Seed
Mar 27, 2020
Amount
Undisclosed
Investors
Questions about byLocals
Who invested in byLocals?
byLocals has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has byLocals raised?
byLocals has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did byLocals last raise money?
byLocals's most recent round on record is a Seed, in Mar 2020.
What does byLocals do?
Founded in 2019 in Mexico City, Mexico, byLocals focuses on offering unique travel experiences.
Where is byLocals headquartered?
byLocals is headquartered in Mexico City, Mexico.
Which VCs invest in companies like byLocals?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back food companies at byLocals's stage. Their profiles are linked below.
VCs backing food startups at Seed
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