# NextRetreat, SRO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nextretreat-sro

- Industry: Travel & Leisure
- Headquarters: Kosice, Slovakia
- Website: www.nextretreat.com
- Total disclosed funding: $0.7M
- Latest round: Seed (Jun 23, 2020)
- Investors on record: 1

## About

NextRetreat, SRO is a company that organizes tailored retreats for corporate teams, focusing on enhancing collaboration through well-planned offsite events in vibrant global destinations.Founded in 2016 by Martin Studencan, NextRetreat, SRO is headquartered in Kosice, Slovakia. The company specializes in organizing corporate retreats and has secured EUR 0.6 million in Seed funding led by Vision Ventures in June 2020. The firm has completed one deal to date, with a focus on providing comprehensive retreat services.NextRetreat specializes in organizing comprehensive company retreats and team offsite events. They provide tailored experiences that include destination selection, accommodation arrangements, and meeting space logistics. With a focus on enhancing team-building and collaboration, dedicated retreat specialists assist clients in planning activities, on-site transportation, and logistical needs. The primary end users comprise corporate clients seeking to enhance team cohesion through experiences such as culinary workshops and outdoor activities across Europe, Asia, and the Caribbean. Key markets include Italy, Croatia, the Netherlands, Spain, Portugal, the United Kingdom, the Dominican Republic, and Mexico, where the company has developed a strong presence.In the most recent fiscal year of 2023, NextRetreat generated revenue of EUR 1,486,721.20 and reported an EBITDA of EUR 84,868.40, primarily through B2B transactions related to their retreat services.NextRetreat plans to leverage the EUR 0.6 million raised in Seed funding to enhance its service offerings and explore expansion into new markets, including further penetrations in Italy, Spain, and Portugal by 2024. The company aims to launch new packages designed for specific corporate needs, thereby broadening its portfolio and attracting a wider range of clients.

## Funding rounds

- Seed, Jun 23, 2020, $0.7M — Vision Ventures

## Investors

- Vision Ventures — Seed