Waterspring Ventures

🎉 We're very pleased to announce that we've chosen Cardiff-based tourhub as our next major investment. As a travel aggregation platform, tourhub offers travellers one easy place to compare trips and book their unique, adventure holiday, with over 800 leading tour operators from across the globe. 🌍 We're investing £450k into the business, partnering with the Development Bank of Wales which is investing £300k from its Technology Seed Ventures Fund and £250k from its Angel Co-Fund. Hear what tourhub's CEO, Seamus (James) Conlon says: “We set up tourhub because we could see the growth of experiential travel and cultural holidays, but there was a need to bring it all in one place for travellers. We offer everything else but the standard, traditional beach package holidays. With close to over 800 worldwide suppliers, we provide you with whatever you dream of - from seeing snow monkeys in the Japanese Alps, hiking around 18 national parks in America, to cycling tours across Vietnam - we have something for every type of adventure seeker, no matter what your age.” “We know the world is consuming more and more social content each day, from TikToks, reels, shorts and stories. How people search and find holidays is changing - now they see one amazing video of someone’s trip and they want to book immediately. So it was important for us to make the most of that. We’ve created a community of content creators and travel gurus who showcase their adventures online and share insider knowledge, inspiring others to book with confidence.” Hear what our Founder and Managing Partner, Sam Huxtable, CFA has to say about the news: "We’re delighted to be investing in tourhub. The team astutely spent the pandemic laying the foundations on the tech and operational side of the business, whilst developing existing and new relationships with big and small tour operators around the world. Numerous members of the team have also led, built and exited businesses in the travel industry previously. This collective experience was a strong attraction for Waterspring Ventures and we are excited to work together going forward.” You can read more about the news in an exclusive with Travel Weekly UK here: https://lnkd.in/e6D5_PJA Thanks also to local Cardiff-based law firm, Hugh James for advising on the million-pound deal. #venturecapital #Wales #investment