Lovetovisit secures £3.2m in venture funding led by Venrex and Redrice Ventures to scale operations
The investment round was co-led by Venrex and Redrice Ventures to support platform expansion.
Lovetovisit operates a digital travel platform that helps users discover and book local attractions, experiences and events across the UK. The mobile-optimised service employs proprietary technology to deliver real-time ticketing and personalised recommendations.
Cardiff travel platform Lovetovisit has secured £3.2m in venture capital funding to support its domestic expansion and international growth. The funding round was co-led by Venrex and Redrice Ventures, with participation from Active Partners, Velocity Partners and angel investors. The capital will be directed towards scaling domestic operations, expanding international reach and enhancing the platform's artificial intelligence capabilities.
Founded in 2021, the company provides real-time ticketing and discovery tools for regional attractions, festivals and family days out. The platform currently lists over 2,700 products and serves more than 3.2 million users. This latest investment follows strong commercial traction, including £7.4m in cumulative revenue since launch and growing demand for regional tourism outside London.
From the founder
"Lovetovisit has gone from strength to strength this year and we’re incredibly proud to have such esteemed investors on board. Building the business and hitting these milestones alongside my sister is a dream. We each bring unique strengths to the team, but we share a passion for supporting the many amazing events, attractions and experiences in the UK to digitise and scale. There are so many weird, wonderful and iconic things to do in this country, we just need to make it easier for people to find, explore and book them. Our goal is to be the go-to platform for booking memorable things to do and this raise is a big step towards achieving that mission."
Alice Aubrey
Co-founder at Lovetovisit
Investor perspective
"We are excited to join Lovetovisit’s journey as new shareholders. Venrex looks to back compelling founders who meet the needs of modern consumers in innovative and tech-forward ways. We have been impressed by the team’s knowledge around the culture and tourism market from day one and we look forward to watching as they build their business at scale."
Lilac Watt
Investment Associate, Venrex
Use of funds
- 01Expand into international markets
- 02Scale operations
- 03Continue product development
Investors
Categories
About the company
Lovetovisit
Lovetovisit provides a digital ticketing platform for local attractions and events.