Run Capital invests $600,000 in excursion booking service WeAtlas

Run Capital, a $30 million fund launched this past spring by Qiwi executives, has announced its first investment in online excursion booking service WeAtlas. The $600,000 capital injection will be used for technological development and broadening the company’s network of partners.

WeAtlas helps users to search for and book tour guides and excursions in various world cities. According to the company, clients now have access to over 3,000 excursions in over 480 cities.

WeAtlas was founded in 2012 by Nikolay Shevtsov. It has already received investment from FRII, a government-backed seed-stage fund, as well as from Sergei Vatutin, the general director of the 1001 Tour tour agency network .

Among the startup’s competitors is Excursiopedia, which was bought in December of last year by Russain firm Travelatus, and Tripster, another service connecting travellers with guides, notes online tech blog Rusbase.

Topics: E-Commerce, Finance, Internet, News, Startups, Venture / Private equity
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