Future Fund helps Evendo to continue global expansion
Following support from the UK government’s Future Fund and private investors, Evendo continues its expansion by launching in an additional 23 markets.
Evendo, providing a ‘booking.com-like’ access to 100,000s of local experiences throughout the United Kingdom, selected European countries and United States, received support through the UK government’s Future Fund programme in July. This has allowed the company to continue an already initiated geographical expansion – otherwise jeopardised by the effects of Covid-19.
“Prior to Covid-19, we had been investing in the preparations for a massive geographical expansion. For us, this is a massive undertaking – effectively increasing our reach from 12 to 34 countries,” says Kasper Larsen, CEO of Evendo. “We would have been unable to finalize these efforts, without the support of the UK government’s Future Fund and our private investors. In reality, the sad alternative would have seen us leaving this opportunity to create future jobs and business to others – most likely a company from Silicon Valley in United States.”
Evendo, previously offering easy access to experiences across 12 countries, has added these 23 countries to its list of operational countries: Australia, Belgium, Bulgaria, China, Croatia, Cyprus, Czech Republic, Estonia, Finland, Greece, Hungary, Iceland, Ireland, Latvia, Lithuania, Luxembourg, Malta, Poland, Portugal, Romania, Singapore, Slovakia and Slovenia.
“It not only extends our reach, but also allows us to bring our experiences to more than 1.5 billion people in geographies where these have not been accessible like this before. We hope this humble contribution will allow people in these areas to accelerate the resumption of social interactions once this is safe and acceptable,” says Costas Mavroudis, COO in Evendo.
Social distancing during Covid-19 has naturally led to a significant decrease in the demand for experiences and events. Despite this, Evendo has invested significantly in expansion during this period – with the goal of bringing easy access to great experiences to as many people as possible, when Covid-19 restrictions are being rolled back and social interactions can be safely resumed.