Smart Destinations Secures $10m in Capital


Boston, MA — Smart Destinations Inc., the fastest growing travel company on the Inc. 500, announced that it closed a $7 million Series C round of funding and added $3M in debt financing. The additional capital will help the company continue its rapid product and market expansion as the premier provider of unlimited attraction passes for consumers across 15 destinations.

“We’re obviously very pleased given today’s economy to have additional capital at our disposal,” said Kevin McLaughlin, co-founder and CEO of Smart Destinations. “It puts us in an even stronger position to continue to serve the consumer and all the museums, tours, and attractions that we partner with.”

C系列轮被带领了NewSpring资本拉德诺,PA的,从现有的投资者更多的参与。 NewSpring资本是私募股权资本超过$的领先供应商500万元下的管理。过去和现在的投资驱动了许多成功的消费品公司,如Nutrisystems,光滑健身和hotelreservations.com的巨大增长。由于这种增长融资的一部分,NewSpring资本格伦·丽格普通合伙人已经加入了智能目的地的董事会。

Square 1 Bank of Durham, NC has also provided an additional $3M in available debt financing. Square 1 Bank is a full service commercial bank dedicated to providing financial services to venture capital firms and entrepreneurs in all stages of growth and expansion.

关于 Smart Destinations

Headquartered in Boston, MA with locations throughout North America, Smart Destinations is the premier provider of unlimited admission attraction passes in 15 major North American travel destinations from Oahu to New York City. Smart Destinations’ Go Cards and Explorer Passes offer pre-paid access to over 425 museums, attractions, and tours for one fixed price. The combination of savings and convenience has resulted in 94% customer satisfaction as measured by 3rd party research and helped the company rank 78 on the Inc 500 list of fastest growing companies. Distributed through major travel services in 25 countries, corporate HR departments and their vendors, as well as on the Web, Smart Destinations’ products are a “trusted companion” for the best a destination has to offer at an unbeatable price point.

Portions of this page translated by Google.