# Virtualtrips

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

- Industry: Software
- Headquarters: London, UK
- Website: www.heygo.com
- Total disclosed funding: $22M
- Latest round: Series A (Mar 6, 2021)
- Investors on record: 5

## About

Virtualtrips Limited operates the Heygo platform, facilitating live virtual tours guided by locals, allowing users to explore diverse cultures and landmarks from home, thus enriching the travel experience without physical constraints.Founded in 2015 and headquartered in London, UK, Virtualtrips Limited specializes in live virtual travel experiences, providing a platform for immersive tours. The company has raised a total of USD 20.00 mn in funding, with its most recent Series A round closing on March 6, 2021, led by Northzone and participated in by investors like Ascension Ventures and Lightspeed Venture Partners. The company has successfully completed 6 deals thus far. John Tertan, the founder, has a history of entrepreneurship, contributing to the company's innovative approach to travel.Heygo offers an innovative platform connecting users with travel experiences through live virtual tours led by local guides. The platform enhances exploration of cultures and landmarks from home and serves leisure travelers and educational institutions seeking unique learning opportunities. The primary user base spans travel enthusiasts, students, and educators, and Heygo markets its services primarily to clients in North America, Europe, and Asia, in response to the increasing demand for virtual tourism.Heygo's revenue model is direct-to-consumer, allowing users to purchase access to live virtual tours either on a pay-per-view basis or via subscription plans. The tours cover various themes like historical landmarks and culinary experiences, with pricing based on length and exclusivity. Collaborations with local guides and artists ensure diverse experiences, as they are compensated through a percentage of ticket sales, supporting local economies while driving customer satisfaction and repeat business.In March 2021, Virtualtrips Limited secured USD 20.00 mn in Series A funding, which will be utilized to enhance product offerings and expand market reach. The company is currently focusing on designing new virtual experiences and plans to enter additional markets across Europe and Asia by the end of 2023. This strategic investment aims to bolster its platform capabilities and facilitate broader access to its unique travel experiences.

## Funding rounds

- Series A, Mar 6, 2021, $20M — Lightspeed Venture Partners, Northzone, Ascension Ventures, Point Nine, TQ Ventures
- Seed, Jan 12, 2021, $1.6M — Ascension Ventures

## Investors

- Ascension Ventures (https://capitalatlas.ai/funds/ascension-ventures) — Seed, Series A
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- Northzone (https://capitalatlas.ai/funds/northzone) — Series A
- Point Nine (https://capitalatlas.ai/funds/point-nine) — Series A
- TQ Ventures (https://capitalatlas.ai/funds/tq-ventures) — Series A