Much Better Adventures

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Much Better Adventures - overview

Established

2012

Location

London, -, UK

Primary Industry

Internet

About

Gentianes Solutions Ltd. is a UK-based company specializing in active adventure holidays, offering a range of outdoor experiences worldwide, including hiking, climbing, and wildlife watching, primarily targeting solo travelers aged 30 to 50. Founded in 2012 and headquartered in London, UK, Gentianes Solutions Ltd. operates under the brand Much Better Adventures, which focuses on providing diverse adventure holiday packages.


The firm has completed four deals, with the most recent funding round in March 2024, where it raised GBP 4. 93 million from Gresham House. The company is led by CEO Alex Narracott, who is among the co-founders including Ed White and Sam Bruce. Much Better Adventures specializes in offering a diverse range of active adventure holidays across various geographical regions, including Africa, Asia, Europe, North America, and South America.


Their core product offerings encompass over 200 award-winning outdoor adventures, which include hiking, mountain climbing, kayaking, and wildlife watching, among other activities. The company targets primarily solo travelers, with a significant percentage of its clientele falling within the 30 to 50 age demographic. By facilitating group dynamics, Much Better Adventures aims to provide enriching experiences in unique and wild locations, catering to an audience seeking both adventure and community. Their services extend to private groups and specialized trips, such as expeditions to iconic peaks like Mount Kilimanjaro and Everest Base Camp, illustrating the brand’s commitment to delivering high-quality adventure experiences targeted at various skill levels.


In the most recent year, Much Better Adventures reported a revenue of GBP 11,180. 80 and an EBITDA of GBP -18,338. 90. The company generates revenue through direct-to-consumer transactions for their adventure holiday packages, where customers typically select from a range of pre-defined trips, structured as one-off purchases.


Each trip includes detailed itineraries and is led by certified expert guides, enhancing the overall experience. The revenue model is primarily focused on trip bookings, with additional income potentially derived from ancillary services such as gear rentals or travel insurance. Much Better Adventures plans to leverage the recent GBP 4. 93 million funding raised in March 2024 to enhance its go-to-market strategy and increase platform automation.


The company aims to expand its offerings to new destinations and activities, as well as strengthen its international presence. Specific markets and regions targeted for expansion have not been disclosed, but the funding will support these initiatives.


Current Investors

Seedcamp, Funding London, QVentures

Primary Industry

Internet

Sub Industries

Travel & Tourism, Search Engines

Website

www.muchbetteradventures.com

Verticals

E-commerce

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Much Better Adventures - financials

Fiscal Year EndedMay 31, 2011May 31, 2012May 31, 2013May 31, 2014May 31, 2015May 31, 2016May 31, 2017May 31, 2018
Revenue (USD)7,082-------
% Revenue Growth (YoY)--------
EBITDA (USD)(11,616)-------
Operating Income (USD)(17,370)-------
Operating Margin(245.3%)-------
% EBITDA Margin(164.0%)-------
NET Income (USD)(17,368)-------
% Net Margin(245.2%)-------

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