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Mad Monkey Hostels Secures Us$4.6M Investment From Exs To Accelerate

Mar 22, 2022•over 3 years ago

Amount Raised

$4.6 Million

Round Type

seed

OtherTravel And TourismCommunity And Lifestyle

Description

Mad Monkey, a leading Southeast Asia-based hostel operator and provider of high-octane, sustainable, travel experiences, has closed its first major round of fundraising from the EXS Property Innovation Concepts VCC (“EPIC”), a Singapore-domiciled fund platform sponsored and managed by EXS, a specialist private equity firm focused on real estate business & platforms across Asia. The company intends to use the funds to accelerate its ambitious expansion across Asia, substantially growing its portfolio across the region in the next 3 years, building on the great success of the past decade.

Company Information

Company

Mad Monkey

About

Mad Monkey is a leading Southeast Asia-based hostel operator, creating meaningful and sustainable travel experiences for travelers. The purpose of every Mad Monkey hostel is to provide the best customer experience in the most sustainable way for the benefit of the customers, team members, and the communities where we are located. More than just accommodation, Mad Monkey is the home-away-from-home base for travelers craving immersive cultural experiences, adventures, trips, educational activities, events and meeting like-minded individuals, and forming communities. Find out more about Mad Monkey: https://madmonkeyhostels.com/