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GrowPro closes a new round of 1.5 million euros with Kfund at the helm

MADRID, 27 Nov.

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GrowPro closes a new round of 1.5 million euros with Kfund at the helm

MADRID, 27 Nov. (EUROPA PRESS) -

The Valencian startup GrowPro Experience, dedicated to the medium and long-term travel sector, has closed a second round of financing of 1.5 million that has been led by Kfund - the same amount and actors as the one carried out last April - with the aim of consolidating in countries such as Australia, Canada, New Zealand, Ireland, Malta and the United States.

The company has detailed in a press release that this international expansion will serve to increase the community and improve the experience and autonomy of the traveler in the destination, while the round will also serve to strengthen the technological section, new hires and explore new verticals of business.

The platform, which has indicated that in the first half of the year it exceeded the turnover of the entire previous year - about 20 million euros - and expects to close 2023 with a volume of 50 million, has stressed that it covers the needs for living abroad : visa, work, community and accommodation.

The general partner of Kfund, Pablo Ventura, has considered that young people now give as much importance to study and work as to the place in which they work and has expressed his belief that "this trend is only going to accelerate", therefore so GrowPro has a "challenge ahead."

At the end of 2021, the company closed a first round of one million euros through several individuals, so the total amount it has received in investments is around four million euros.