Blockchain Ticketing Startup Celebratix Secures €1.1M Investment for European Market Expansion

Blockchain Ticketing Startup Celebratix Secures €1.1M Investment for European Market Expansion

By Marcus Hartley

November 21, 2024 at 09:33 PM

Blockchain-powered ticketing startup Celebratix has secured $1.15 million (€1.1 million) in funding to fuel its international expansion plans.

Brown door entrance to Jimmy Woo

Brown door entrance to Jimmy Woo

Founded in 2022 by Frank Roskam, the Amsterdam-based platform leverages Solana blockchain technology to enhance event revenue and customer data management. The platform currently handles ticketing for approximately 40 events monthly, including Amsterdam nightclubs and festivals like Multigroove.

Key features of Celebratix include:

  • Enhanced ticket security and resale control
  • Improved event organization
  • Advanced marketing capabilities
  • In-app ticket purchasing for multiple attendees

The funding round attracted notable investors:

  • Stockholm VC uBit
  • Creative Clicks founder Taco Ketelaar
  • Racing driver Giedo van der Garde
  • Denise Boekhoorn (daughter of billionaire Marcel Boekhoorn)

The company has already launched in Germany and plans to expand into Scandinavia and the UK. CEO Frank Roskam, 26, positions the company as a direct challenger to established players like Ticketmaster, focusing on fraud prevention and giving event organizers complete control over sales and data.

This investment comes amid significant activity in the ticketing sector, including:

  • Seat Unique's multimillion-dollar funding
  • StubHub's planned IPO
  • TickPick's $250 million round
  • CTS Eventim's $314 million acquisition of See Tickets
  • Dice's potential sale exploration

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