Wander, an Orem, UT-based AI-enhanced interactive mapping platform, has raised $1 million in an extension seed round.
Investors
The round was led by Arieli Capital from Tel Aviv and included contributions from existing investors like Rocky Woods Investments and the Joan and Tim Fenton Founders Fund. The Triangle Tweener Fund also participated, aligning with Wander's CEO, AJ Brau.
Arieli Capital is an investment firm dedicated to advancing cutting-edge technology by strategically investing in top tech sectors.
Wander Use of Funds
The company will use the funds to enhance its platform features, particularly its Social Saving technology, which allows users to save and extract travel information from social media content. The funding will also support the development of new features, route mapping, and itinerary building, aiming to create a seamless global travel experience.
About Wander
Wander provides an AI-enhanced interactive mapping platform to help users find, organize, and store travel inspirations and activities. The platform leverages advanced technology to extract and save travel-related information from various content types, such as social media posts, blogs, URLs, and images. Wander's platform collaborates with destination partners such as Discover Moab, providing highly accurate and dynamic maps populated with verified data.
Funding Details
Company: Wander App Inc.
Raised: $1.0M
Round: Seed Round Extension
Funding Month: July 2024
Investors: Arieli Capital
Additional Investors: Rocky Woods Investments, the Joan and Tim Fenton Founders Fund, Triangle Tweener Fund
Company Website: https://wandermaps.com/
Software Category: AI Mapping
Source: https://www.techbuzznews.com/wander-raises-1-million/