“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.

“AllTrails” hikes off with USD $75M < Business News



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