# Tupalo

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

- Industry: Internet
- Headquarters: Vienna, Austria
- Website: www.tupalo.com
- Latest round: Angel (Jan 1, 2008)
- Investors on record: 1

## About

Tupalo is a digital platform that connects users with local businesses, enhancing exploration through detailed listings, user reviews, and recommendations across various categories such as dining and services.Tupalo, founded in 2007 by Clemens Beer and Mike Borras, operates as a platform for connecting users with local businesses. The company is headquartered in Vienna, Austria. In December 2012, HEROLD Business Data acquired Tupalo. The company has completed a total of 5 deals, with its latest funding being a Seed round that raised EUR 0.070 mn, matching its total amount raised to date.Tupalo operates as a digital platform that connects users with local businesses across various categories, including travel, dining, arts, and local services. Its core offerings encompass business listings that provide users with detailed information, user-generated reviews, and recommendations, assisting consumers in making informed choices about local spots. The platform enhances user experience by facilitating the discovery of hidden gems in various cities, addressing issues of information overload and lack of local insights. Tupalo serves a diverse client base, including local businesses looking to improve online visibility and reach broader audiences, and is active in international markets, including cities in the USA, Germany, Australia, and other European countries.Tupalo generates revenue primarily through business listings, where local businesses subscribe to enhance their visibility and engage with potential customers. The transaction structure includes partnerships and subscription models, allowing businesses to promote their services to a targeted audience. By joining Tupalo, businesses can showcase their offerings and interact with users through reviews and recommendations, thus improving customer acquisition efforts. The subscription model typically involves a fee correlating with the level of service and visibility on the platform, merging B2B interactions with direct-to-consumer engagement.Tupalo plans to utilize its recent funding from the Seed round to enhance its platform and expand its offerings. The company is focusing on launching new features that aim to improve user engagement and facilitate easier navigation of local services. Additionally, Tupalo is exploring opportunities to expand into new geographic markets, with specific targets set for the USA and Germany by the end of 2023, aiming to leverage its existing infrastructure and partnerships to drive growth.

## Funding rounds

- Angel, Jan 1, 2008 — i5invest

## Investors

- i5invest (https://capitalatlas.ai/funds/i5invest) — Angel