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Home Startups Marc & Oliver Samwer’s Global Founders Capital Invest in Travel Guide Startup Ulmon

Marc & Oliver Samwer’s Global Founders Capital Invest in Travel Guide Startup Ulmon

by Sam Wakoba
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32367_467637526613590_1251129728_nTop travel guide publisher Ulmon has today received a round of funding from Global Founders Capital, the venture capital firm run by Marc and Oliver Samwer and ex-Delivery Hero co-founder Fabian Siegel.

The investment comes on top of last year’s strong growth numbers. Ulmon’s apps have been downloaded 6 million times on iOS and Google Play in 2013 alone, making Ulmon the #1 travel guide publisher according to “App Annie Intelligence” data.

According to Florian Kandler, Co-Founder and COO of Ulmon,“After just three years of operations, we became the fastest growing mobile travel guide publisher. We aim to be the best travel partner for our customers every trip and we can see in user activity and retention data how well this customer-centric approach is paying off. We will use this first outside investment of a small seven-digit Euro amount to make our unique value proposition available to an increasing number of travelers worldwide.”

The Vienna-based leading mobile travel guide company Ulmon is most famous for its top-selling travel app CityMaps2Go, a global travel guide app that allows travelers to plan trips and use the app on trips for orientation and information. CityMaps2Go uses proprietary offline map rendering technology based on OpenStreetMap, and a data aggregation framework for freely available web data form the core strengths of the product. It’s user generated content and implicit interactions of millions of users allow Ulmon-CityMaps2Go to personalize user experience.

Ulmon’s team of ten enthusiastic tech and travel freaks in Vienna impressed the Global Founders Capital, a global, stage agnostic venture fund based in Munich.

“We have been impressed by the traction the team developed over the past year, becoming a global leader for mobile travel guides with no outside investment. We are looking forward to supporting the team now as they accelerate their growth through our global network,”  Fabian Siegel, Partner at Global Founders Capital.

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