Festicket Secures $2.7 Million Series A Funding for International Expansion

Festicket Secures $2.7 Million Series A Funding for International Expansion

By Marcus Hartley

December 6, 2024 at 12:26 PM

Festival ticketing platform Festicket has secured $2.7 million in Series A funding, led by Wellington Partners and PROfounders Capital. Previous investors including Playfair Capital, Windcrest Partners, KIMA Ventures, and Jacques-Antoine Granjon also participated in this round, following their $680,000 seed funding contribution in 2013.

Festival logo, purple background

Festival logo, purple background

The company plans to use this investment to:

  • Accelerate international expansion, particularly in the U.S. market
  • Grow their team
  • Further develop their business model
  • Build new inspirational features and recommendation tools

Currently, Festicket features only one U.S. festival, Atlanta's TomorrowWorld, but aims to expand its presence significantly in the American market.

Co-Founder and CTO Jonathan Younes explains: "We've started by building the most comprehensive online booking platform to add much-needed simplicity to travel in the live music space. We will use this new capital to take Festicket to the next level by building inspirational features and recommendation tools for festival-goers eager to discover new festival experiences."

This investment marks a significant step in digitalizing the festival industry, making it easier for music fans to discover and book festival experiences worldwide.

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