Boldest announces its first venture capital round

| By Boldest

Boldest Lugo Transforma

We are excited to announce the closure of our first Seed funding round, raising 360,000 euros through the Lugo Transforma Fund. This milestone represents a significant advancement in our mission to transform the way travelers interact with online tourist information.

With the support of this capital, we aim to accelerate our commercial growth and enhance our cutting-edge technology. Having already demonstrated the value of our product among renowned national and international tourism operators, we will focus on expanding sales and the continuous improvement of our technology platform.

Xosé Manuel Feijoo, co-founder and CEO of Boldest, comments: “This agreement is a source of great pride for us. With the support of Lugo Transforma, we will be able to accelerate the expansion of our innovative solution and significantly contribute to the digital transformation of the tourism sector, in addition to creating attractive job opportunities in Lugo.”

Simón Neira, co-founder and COO of Boldest, adds: “This funding is a crucial boost that will allow us to refine our solution and expand our reach to more customers, tailoring our services to the specific needs of each sector we operate in.”

Jesús Torres, CEO of TORSA CAPITAL SGEIC, S.A., manager of the Lugo Transforma Fund, comments: “The professionalism and high qualification of the BOLDEST team, combined with the digital transformation model they propose for the tourism sector, make up a project that generates wealth and employment for Lugo and Galicia.

These have been the fundamental reasons valued by the LUGO TRANSFORMA Fund to formalize the investment operation.”

With almost three years in the market and recently established in Lugo, we are drawn by the city’s dynamic entrepreneurial ecosystem and the opportunities it offers. The investment will also be directed towards creating skilled jobs in the city, with a special focus on software development, digital marketing, and sales.

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