Bulgarian Karavani.bg raises €61k in a new investment round

The Sofia-based provider of an online platform for booking caravans Karavani.bg announced the raising over €61,000 from private investors. The fresh funds will be used to support the overall development of Karavani.bg.

• Launched in 2021, the startup offers online booking of caravans as well as bungalows, campers, tents, and dome houses. In November 2022 Karavani.bg has raised €50,000 to enter into new markets. The round was led by Innovation Capital. 

“Globally, the botanical tourism and, in particular, the camping sector is developing quite rapidly. Karavani.bg follows global trends in the development of the sector, responding to the various wishes of users and providing a quality and secure service. All this gives us a wide field for action and for achieving results”,

Nikolay Nekov, founder and CEO of Karavani.bg commented.

• The fresh funding round attracted 30 private investors, of which ten were approved to participate. The funds will be used for improving its services and platform and entering partnerships.
• To date, in 2023 Karavani.bg aims to establish its position in Bulgaria, and in 2024, the company expects to be able to enter the broader regional market. For the purpose, the firm is pursuing international partnerships, including co-operations with campsite operators in neighboring countries.