July 21 (SeeNews) - Romanian travel start-up Framey said on Wednesday it has raised $1 million (850,000 euro) in a seed funding round and plans to launch its services globally.
The company will use the funds to invest in its technology, scale up its operations and launch globally, it said in a press release.
"We are very excited about our next chapter post funding closing and see tremendous growth opportunities. Not only do we see this as a largely scalable social network for travel enthusiasts, but we plan to disrupt the travel industry by changing the way people plan their trips and experiences," Framey’s co-founder and CEO Robert Preoteasa said.
The Framey app, set to launch this summer, will help users make travel plans, find spots to visit nearby, take pictures and share content.
The financing round was led by ICE Capital from Dubai and backed by Romania-based JECO Capital.
Framey was founded in 2019 by local entrepreneurs Robert Preoteasa and Alexandru Iulian Florea.
($=0.8497 euro)