Bangkok-based cooking classes and culinary experiences platform Cookly today announced that it has raised an undisclosed pre-Series A funding round led by Poramin Insom, founder of leading cryptocurrency Zcoin.
Existing investor 500 TukTuks also participated in the funding round.
In a press statement, Cookly explained that the funding will be used to support global expansion and scalability. It will also be used to support product development.
With the participation of Zcoin founder Poramin Insom in the funding round, the startup also announced that it also plans to use Zcoin’s technology to facilitate transactions.
“We want to strengthen our market leadership and establish our global presence while building
a more user focused product for an industry that shows tremendous growth and interest,” explained Cookly CEO and Co-Founder Benjamin Ozsanay.
Founded in 2015, Cookly is a platform that enables travellers to discover and book cooking classes and other culinary experiences around the world.
Built with the goal to preserve and promote global food culture through cooking classes, the startup said it currently covers 65 destinations across 23 countries, from Indonesia to Italy.
Cookly also said that in one year, it has managed to increase bookings by five times while adding 45 new destinations to their platform.
The startup’s previous investors include Telenor Group’s dtac Accelerate.
Culinary tourism is one of the most rapidly growing tourism sector, with The World Food Travel Association estimating culinary tourism industry to be valued at more than US$150 billion.
Image Credit: Cookly