Questo Global S.R.L.

Based in Romania, Questo Global S. R. L. develops an innovative platform that provides self-guided adventures through real-world quests, blending exploration with storytelling for diverse audiences.

Questo Global S. R. L. is focused on creating immersive experiences through an app that facilitates scavenger hunts and escape games across more than 1,000 cities globally.

Founded in 2017 in Sibiu, Romania, by Alex Govoreanu and Claudiu Petria, the company has secured a total of EUR 630,000 in funding over 6 deals. The most recent deal occurred on August 7, 2024, with new investor SeedBlink Crowd S. A. and returning investors Early Game Ventures and Sparking Capital.

The company's headquarters are located in Sibiu, Romania. Questo offers a unique platform designed to provide self-guided adventures through real-world quests, effectively merging exploration with storytelling. The core product revolves around an app that allows users to participate in scavenger hunts and escape games in over 1,000 cities globally. Users can choose from a variety of quests that guide them to local landmarks and hidden gems while solving puzzles and uncovering stories, catering to diverse audiences including tourists, couples, families, and corporate teams.

The company's experiences are developed by a community of over 30,000 amateur and professional storytellers, ensuring varied and engaging content across multiple geographical markets, including major cities such as New York City, Paris, London, and Rome. In 2021, Questo generated a revenue of EUR 258,365. 50, with an EBITDA of EUR -766,016. 70.

The revenue generation for Questo is structured primarily through user transactions facilitated by the app, where customers can purchase individual quests or participate in special events. The company offers tailored exploration packs that provide users with additional resources and experiences, enhancing their adventures. Customers engage in direct-to-consumer transactions, with flexible pricing plans that cater to different user needs, including solo explorers and groups. The design of the services allows for multiple revenue streams, including potential partnerships with local businesses and event organizers, while focusing on providing memorable and immersive experiences that resonate with a broad audience.

In August 2024, Questo Global S. R. L. raised EUR 630,000 in venture funding, which will be utilized to support the acquisition of intellectual property rights and global market expansion.

The company plans to develop new products while targeting expansion into new markets and geographic regions, with specific plans to launch these initiatives throughout 2025. This strategic funding will enhance their capabilities to offer more engaging quests and broaden their reach internationally.