# Explora Project

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/explora-project

- Industry: Travel & Leisure
- Headquarters: France
- Website: www.explora-project.com
- Total disclosed funding: $1.6M
- Latest round: Seed (Oct 8, 2021)
- Investors on record: 3

## About

Explora Project is a France-based company specializing in responsible adventure travel, offering guided outdoor activities tailored to diverse fitness levels. Their experiences focus on multi-day hiking and wellness retreats that promote environmental sustainability.Founded in 2018 in France, Explora Project provides guided outdoor adventures with a particular emphasis on environmental sustainability. The company was founded by Stanislas Gruau, who also serves as the CEO. In October 2021, Explora Project raised EUR 0.40 million in SEED funding from Crédit Agricole Alpes Développement, Kima Ventures, and returning investor 50 Partners, bringing the total amount raised to EUR 0.40 million. The company's most recent deal date is October 8, 2021.Explora Project specializes in offering responsible adventure travel experiences, with a core focus on guided outdoor activities in small group settings. Their main product offerings include multi-day hiking and wellness retreats, ranging from two to fifteen days in duration, designed for participants of varying fitness levels. The company targets a diverse client base, including families with children as young as three years old, by providing tailored experiences that encourage outdoor exploration across various European landscapes. Customers can access detailed descriptions of each adventure and utilize a level quiz to assess personal fitness levels, ensuring optimal engagement and safety.In 2019, Explora Project reported a revenue of EUR 91,221.80 with an EBITDA of EUR -256,448.60. The company generates revenue primarily through direct-to-consumer transactions across its adventure travel offerings, where clients reserve spots for specific trips based on individual adventure packages that may vary in duration and complexity. Customers secure their reservations through an online platform, fostering a community atmosphere among adventurers.Explora Project plans to utilize its most recent SEED funding of EUR 0.40 million to support the development of new adventure travel products designed to enhance user experience. The company is also focusing on expanding its market presence across various European regions. By leveraging the recent funding, Explora Project aims to enhance its marketing strategies and operational capabilities, targeting new customer segments by the end of 2023.

## Funding rounds

- Seed, Oct 8, 2021, $0.5M — Kima Ventures, Crédit Agricole Alpes Développement, 50 Partners
- Seed, Apr 22, 2020, $1.1M — 50 Partners

## Investors

- 50 Partners (https://capitalatlas.ai/funds/50-partners) — Seed
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Crédit Agricole Alpes Développement (https://capitalatlas.ai/funds/credit-agricole-alpes-developpement) — Seed