Let's Do This secures £47.7m Series B investment led by Craft Ventures and Headline to fund US expansion
The funding round was co-led by Craft Ventures and Headline to support US expansion and engineering hires.
Let's Do This operates an online platform for discovering, booking, and preparing for endurance sports events globally. The company connects millions of users with running, triathlon, cycling, and obstacle experiences.
Let's Do This has secured £47.7m in a Series B funding round co-led by Craft Ventures and Headline. The financing saw participation from existing backers EQT, NFX, and Y Combinator, alongside newcomer Morpheus Ventures, as well as several high-profile angel investors.
The capital will be directed towards expanding the company presence in the United States, which includes establishing a new office in Colorado. Additionally, the firm intends to grow its engineering team in the UK and enhance the platform's social features and event discovery tools.
Use of funds
- 01Expand into international markets
- 02Grow the team
- 03Continue product development
Investors
Categories
About the company
Let's Do This
An online platform for discovering and booking endurance sports events globally.