"AllTrails" hikes off with USD $75M
"AllTrails" hikes off with USD $75M
San Francisco-based AllTrails, an app for hiking and mountain biking enthusiasts, has raised $75 million in a fresh funding round led by Spectrum Equity, which will take a majority stake in the business.
AllTrails provides what it calls an “outdoors platform” that includes crowdsourced reviews of trails from its community of 9 million avid hikers, mountain bikers and trail runners in more than 100 countries.