The company has received recognition checks from Lightspeed and Sequoia, funding from IDEA, Anges Québec and more than 30 other investors around the world.
MONTREAL, April 13, 2022 /PRNewswire-PRWeb/ — Today, Boundless Life announced that it has obtained 2 million US dollars in funding a combination of venture capitalists (VC), angel investors and syndicates. Funds raised will be used for key hires and the opening of the startup’s first four carefully designed, full-service community locations in beautiful destinations around the world. In each location, slow-traveling digital nomad families can build relationships, work remotely, and be immersed in the culture while their children continue their education through an internationally renowned educational program.
The company just opened its first site in January in the culturally rich and artistically renowned town of Sintra, Portugal with 30 turnkey homes and a fully booked first, second and third cohort of families. The residences are located in the center of the historic city, 5-15 minutes walk from all community amenities, including the coworking center, education center and leisure spaces. The Boundless Life team removes many of the risks associated with uprooting her family, helping with visas, health insurance and planning programs to foster a sense of community.
IDEA Fund Partners, a Charlotte-based venture fund and founder of Lowes Ventures, is the lead investor. Other supporters of the project include Ange Québec, Avalanche VC, CUBD Ventures, Massive BC, GV Angels, several founding families and value-added investors in real estate and education from Europe, North America, South Americaand Asia. Boundless Life also received recognition checks from Lightspeed and Sequoia.
“When we launched the fundraising process, our goal was to raise from investors aligned with our values and who believed in our vision of creating more fulfilling lives for families,” said Mauro Repacci, co-founder and CEO. from Boundless Life. “We couldn’t be happier with the incredible group of over 30 investors who have joined this round which includes VCs, Angels and clients from all parts of the world. They support our mission not only with capital, but also expertise to improve our offer and connections to help us grow around the world.”
The educational offering is what sets Boundless Life apart in the digital nomad space. A Nordic Baccalaureate program inspired by the Finnish school system allows digital nomad families with school-aged children aged 1 to 12 to participate. Through experiential, personalized, purposeful and nature-based learning, Boundless Life is revolutionizing the way children learn and consequently shaping a generation that will positively impact humanity by combining future-ready education with travel and cultural immersion. The program follows the children where they go. So if a family moves to another Boundless Life destination, the child can join a new cohort and learn new age-appropriate skills.
“As remote work has exploded, several companies have considered creating experiences for singles, but no one has addressed the complexities of being a digitally nomadic family,” said Christopher Langford, Partner at IDEA Fund Partners. “Combining a world-class educational platform with a concierge service to help navigate everything from visas to healthcare to social activities, Boundless is the first company to empower families to live a lifestyle culturally richer and community-focused across the globe. We couldn’t be prouder to be a small part of what they’re building.”
“Our investment team really fell in love with the Boundless life project,” said Rachel Come, VC partner at Anges Québec. “The business is disruptive but rooted in a real challenge the family faces when seeking a nomadic life. We have been comforted by the serial entrepreneur past of Mauro Repacci and Marco Carvalhos, as have our angel investors We can’t wait to see the Boundless life community grow!”
In an effort to facilitate a mindful and balanced lifestyle, destinations are chosen based on cutting-edge scientific research into the habits of people who inhabit regions of the planet with the greatest longevity. Upcoming Boundless destinations include Spain, Greece, Morocco, Italy, Costa Rica and bali. In order to slow down travel around the world with Boundless Life, families must first sign up for the waiting list which can be located on the official website.
“We are delighted to see the reaction of most investors when given the opportunity to support the company,” said Marcos Carvalho, co-founder and head of demand generation at Boundless Life. “Many have told us that they would totally use a service like Boundless Life and that now is the perfect time for such an endeavor. Our team is looking forward to expanding this way of life around the world with their support.”
Media wishing to interview Boundless Life staff should contact the Public Relations Officer, Jackson Wightman.
About unlimited life
Boundless empowers families to live more fulfilling lives, designing a lifestyle that allows for balance, growth, and deeper connections with ourselves, our families, nature, and the world. They provide a network of carefully designed communities in beautiful destinations around the world where families can develop bonds, work remotely and be culturally immersed while children benefit from a forward-thinking and transformational education system.
About IDEA Fund Partners
As one of the oldest and most active early-stage investment firms in the Southeast, IDEA Fund Partners’ investment philosophy is backed by years of experience. They fund entrepreneurs who apply technology and business model innovations to industries in the early stages of digital disruption, with a focus on underserved people, places and stages.
About Anges Québec
Thanks to the strength and diversity of its network, Anges Québec strategically supports angel investors and passionate and innovative entrepreneurs in their international ambitions. Founded in 2008, Anges Québec has more than 230 members who have invested more than $130 million in more than 160 Quebec companies with high growth potential, positioning itself as a leader in the Quebec venture capital industry.
Jackson WightmanProper Propaganda, 1 5146059255, [email protected]
SOURCE Unlimited Life