BACH BECOMING ONE OF THE WORLD’S TOP GROUP TRAVEL APPS, STARTING WITH A FOCUS ON BACHELORETTE PARTIES IN THE US
$8 Million in New Funding Led by Corazon Capital and Freestyle Capital and Joined by Oversubscribed Ventures
Philadelphia, PA – April 20, 2022 – BACH, the number #1 iOS App for Bachelor and Bachelorette trips, announced today $8 million in funding led by Corazon Capital to continue to build the largest group travel app in the $200B leisure millennial travel industry.
BACH solves the myriad pain points behind coordinating group travel, allowing groups to discover, decide, and plan in one place including critical features like group chat, expense splitting, polling, and itinerary creation.
BACH is a marketplace for group travel experiences. BACH allows groups to seamlessly book incredible experiences by integrating with local providers, offering everything from private chefs to Instagram mural tours, goat yoga, ATV excursions, and ‘transpo-tainment’ options such as party buses and yacht charters.
“We started BACH because we saw the massive need to make group travel planning easier,” said Mike Petrakis, CEO and Founder of BACH. “We have strategically focused on the bachelorette market first – 95% of our users are female – to create a competitive wedge in the massive millennial travel industry.”
With nearly 100,000 monthly active parties on BACH, and 800 unique bookable experiences across 10 cities, BACH is primed to be the go-to resource for one of the biggest wedding seasons ever after the pent-up demand due to COVID lockdowns. More than 2.5 million couples are expected to tie the knot this year – that’s 15% higher than usual and the busiest season in 40 years.
“BACH has developed a market-leading product for bachelor and bachelorette parties,” said Sam Yagan, Co-Founder of Corazon Capital. “And even more interestingly, these party-goers have used BACH to organize group trips of all sorts: birthdays, anniversaries, and family reunions.”
This round of funding was led by Corazon Capital, whose partners include former Tinder CMO Phil Schwarz, who has joined BACH’s Board of Directors, and Sam Yagan, co-founder of Sparknotes and OKCupid, and former CEO of Match Group (NASD: MTCH). The round also includes co-investment from Freestyle Capital and Oversubscribed Ventures (a new fund from Erin and Sara Foster, who are announcing BACH as the fund’s first investment), and Alumni Ventures. Participation from other well-known investors includes Rich Paul (Lebron James’ Agent), Simon Tikhman and Chief Zaruk (A&E), Ken Levitan (Vector Management), and Mark Lawrence (CEO SpotHero).
“I’m gonna be honest – I was overwhelmed with planning this bachelorette party when I started. Then I found the BACH app! It was so easy to get the other girls to vote and decide on what to do. We booked some awesome activities through the app and had a great time. Phew!,” said one Bach user.
To plan your next Bachelorette party download the BACH app for free.
About BACH:
BACH is the #1 iOS app in the $17 billion US market for bachelor and bachelorette trips, quietly becoming one of the world’s top group travel apps. BACH has 4.8 stars in the iOS app store with 11,000+ reviews and is constantly in the top 100 apps in travel in the App store. The company is headquartered in Philadelphia with a remote workforce across the country. To learn more about BACH visit https://www.thebach.com/.
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