# Polarsteps

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/polarsteps-b-v

- Industry: Internet
- Headquarters: Amsterdam, Netherlands
- Website: www.polarsteps.com
- Total disclosed funding: $4.5M
- Latest round: Series A (Jan 16, 2019)
- Investors on record: 2

## About

Polarsteps B.V. is a travel technology company that provides a user-friendly app for tracking, planning, and documenting travel experiences, catering to both casual tourists and travel enthusiasts.Founded in 2014 in Amsterdam, Netherlands, Polarsteps B.V. specializes in travel tracking solutions. The company has participated in 6 deals, with its most recent funding round being a Series A in January 2019 where it raised EUR 3 million led by Inkef Capital. Maximiliano Neustadt, one of the co-founders, serves as the CEO, contributing to the company's growth trajectory.Polarsteps offers a comprehensive travel tracking app designed to enhance the travel experience through seamless planning, tracking, and reliving trips. The app features an itinerary builder that allows users to map their routes, specify accommodations, and keep travel notes all in one location. After completing a trip, users can transform their travel data into a beautifully designed hardback Travel Book. The app serves 15 million users globally, particularly in Europe, North America, and Asia.Polarsteps generates revenue through its app-based offerings, including free and premium services. While basic features are available at no charge, users can opt for premium services that enhance their travel experience, such as creating and ordering personalized Travel Books. The pricing model is primarily direct-to-consumer, ensuring a straightforward transaction process for users.In January 2019, Polarsteps B.V. raised EUR 3 million in Series A funding to support its growth initiatives. The company plans to expand its app functionality with new features and aims to enter additional markets, specifically targeting Europe and North America by the end of 2023. The recent funding will help facilitate product development and enhance their marketing efforts to reach a broader audience.

## Funding rounds

- Series A, Jan 16, 2019, $3.4M — Inkef
- Seed, Aug 2, 2017, $1.1M — River Venture Partners

## Investors

- River Venture Partners — Seed
- Inkef (https://capitalatlas.ai/funds/inkef) — Series A