London's Easol Raises €26.78M to Launch AI Agents for Experience Businesses
The London-based experience commerce platform closed a Series A extension led by Y Combinator, bringing its total funding to €53.57 million.
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AfroEuropa desk
Easol, a London-based experience commerce platform, has closed a Series A extension round of €26.78 million ($30 million), according to EU-Startups. The funding brings the company's total raised since its 2021 launch to €53.57 million ($60 million).
The round combines €17.85 million ($20 million) in equity with an €8.92 million ($10 million) debt facility. Y Combinator led the equity portion, with participation from Tiger Global, Foundation Capital, FMZ Ventures, Notion Capital and Eight Roads. Viola Credit supplied the debt facility.
The company is using the round to launch AI agents aimed at experience businesses. Easol was founded in 2021 by Ben and Lisa Simpson, co-founders of Rise Festival, who previously ran live experiences at locations ranging from the French Alps to the Sahara Desert.
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