Former Jukin Executives Acquire LOST iN Travel Publisher, Launch New Site
After selling viral social-video site Jukin Media in 2021, founders Mike and Jon Skogmo and colleague Anton Reut had time to think, and travel, and come up with their next company. Their answer: travel-media site LOST iN, built on an existing publisher and focused on disrupting the travel media business with content from prominent online travel creators.
The company has raised a $4 million seed round, a substantial number amid the chilly environment the past couple of years for venture capital as high interest rates have led investors to put their money in lower-risk alternatives. LOST iN will target younger, online-savvy travelers looking for “premium economy” opportunities that provide adventure but some comfort too, and at a reasonable price.
Read the full article: forbes.com