About Essentialist
Essentialist is a company based in Palma De Mallorca (Spain) founded in 2002.. Essentialist has raised $11.32 million across 2 funding rounds from investors including Sabadell Venture Capital, Turtle Capital and IRIS Ventures. Essentialist offers products and services including Bespoke Itineraries and Essentialist App. Essentialist operates in a competitive market with competitors including NileGuide, Newport Media, Savoteur, The Culture Trip and SmarterTravel, among others.
- Headquarter Palma De Mallorca, Spain
-
Sectors
Media & Entertainment
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$11.32 M (USD)
in 2 rounds
-
Latest Funding Round
$10 M (USD), Series A
Jul 15, 2024
-
Investors
Sabadell Venture Capital
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Essentialist
Essentialist offers a comprehensive portfolio of products and services, including Bespoke Itineraries and Essentialist App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tailored travel experiences based on member passions and locations.
Platform for managing and enhancing travel journeys on the go.
Unlock access to complete
Funding Insights of Essentialist
Essentialist has successfully raised a total of $11.32M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $10.0M
-
First Round
First Round
(09 Jun 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - Essentialist | Valuation | IRIS VENTURES |
|
| Jun, 2020 | Amount | Seed - Essentialist | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Essentialist
Essentialist has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Sabadell Venture Capital, Turtle Capital and IRIS Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital is invested in technology and digital companies.
|
Founded Year | Domain | Location | |
|
A growth equity firm focused on visionary brands is operated.
|
Founded Year | Domain | Location | |
|
Investments are made in businesses and real estate for societal value.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Essentialist
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Essentialist
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Essentialist Comparisons
Competitors of Essentialist
Essentialist operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NileGuide, Newport Media, Savoteur, The Culture Trip and SmarterTravel, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online travel guides for global destinations are curated by locals.
|
|
| domain | founded_year | HQ Location |
Low-power WiFi and Bluetooth solutions were developed for connected devices.
|
|
| domain | founded_year | HQ Location |
Online platform offering tech news
|
|
| domain | founded_year | HQ Location |
Local culture content is published by a digital media platform.
|
|
| domain | founded_year | HQ Location |
Travel content including tips, deals, and plans is published online.
|
|
| domain | founded_year | HQ Location |
Operates an online platform focused on travel content and advice.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Essentialist
Frequently Asked Questions about Essentialist
When was Essentialist founded?
Essentialist was founded in 2002 and raised its 1st funding round 18 years after it was founded.
Where is Essentialist located?
Essentialist is headquartered in Palma De Mallorca, Spain. It is registered at Palma De Mallorca, Balearic Islands, Spain.
Is Essentialist a funded company?
Essentialist is a funded company, having raised a total of $11.32M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.32M, raised on Jun 09, 2020.
What does Essentialist do?
Essentialist was founded in 2002 in Palma de Mallorca, Spain, as a members club within the travel sector. Private membership services are offered, focusing on bespoke and curated itineraries for travelers worldwide. Collaborations with travel journalists and lifestyle tastemakers are utilized to collect destination insights, allowing trips to be tailored to individual interests and preferences. Operations emphasize personalized global experiences.
Who are the top competitors of Essentialist?
Essentialist's top competitors include NileGuide, The Culture Trip and Newport Media.
What products or services does Essentialist offer?
Essentialist offers Bespoke Itineraries and Essentialist App.
Who are Essentialist's investors?
Essentialist has 3 investors. Key investors include Sabadell Venture Capital, Turtle Capital, and IRIS Ventures.