Tech Company Financing Transactions
WeRoad Funding Round
WeRoad, based in Milan, scored $19.8 million in investment from H14.
Transaction Overview
Company Name
Announced On
11/27/2023
Transaction Type
Venture Equity
Amount
$19,753,000
Round
Series B
Investors
H14 (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate growth, develop its technology in order to further enhance scalability, and expand this model to all of its European markets beyond Italy, France and Germany. It is already planning for growth beyond its current markets, with pan-European expansion as the primary focus, followed by the US and other English-speaking countries.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Viale Cassala n. 30
Milan, 20143
IT
Milan, 20143
IT
Phone
Website
Email Address
Overview
WeRoad is a community of travelers united by their will to discover faraway countries and cultures and their desire to share this experience with their peers. We design tours for groups of people that share the same interests and lifestyle and we do our best to secure them a life-changing experience. Our customers travel in small groups accompanied by one of our Travel Coordinators whom we love to define as a travel companion rather than a guide and whose role is to accompany the group, enabling its encounter with the local community and culture and their team building.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrea D'Amico
Chief Financial Officer
Elena Giombelli
Co-Founder
Paolo Nadai
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We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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