# byLocals

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bylocals

- Industry: Food
- Headquarters: Mexico City, Mexico
- Website: www.bylocals.co
- Latest round: Seed (Mar 27, 2020)
- Investors on record: 2

## About

byLocals connects travelers with local communities through curated tours that emphasize authentic cultural experiences, enhancing personal connections and enriching travel beyond conventional tourism.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. As of March 27, 2020, byLocals secured an undisclosed amount of Seed funding, with one recorded deal to date.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. The company operates across various geographical markets, including major European cities such as Amsterdam, Barcelona, and Lisbon, ensuring a broad reach among international travelers looking for distinctive local experiences.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. This transactional model supports not only the financial health of byLocals but also fosters relationships with local communities, enhancing the overall travel experience for end users.In March 2020, byLocals raised an undisclosed amount of Seed funding from new investors Food-X and SOSV, which will support strategic initiatives in upcoming product launches and geographic expansion. 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.

## Funding rounds

- Seed, Mar 27, 2020 — SOSV, Food-X

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Food-X — Seed