Amsterdam-Based Celebratix Secures $1.15M to Revolutionize Blockchain Ticketing Globally

Amsterdam-Based Celebratix Secures $1.15M to Revolutionize Blockchain Ticketing Globally

By Marcus Bennett

November 21, 2024 at 09:34 PM

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

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 provide enhanced ticketing control, security, and marketing capabilities. The platform currently handles approximately 40 events monthly, including Amsterdam nightclubs and festivals like Multigroove.

Key features of Celebratix include:

  • Improved ticket resale security
  • Better event organization tools
  • Enhanced marketing capabilities
  • In-app ticket purchasing for multiple attendees

The funding round attracted notable investors including:

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

Celebratix has already launched in Germany and plans to expand into Scandinavia and the UK. CEO Frank Roskam, 26, believes the company is well-positioned to challenge established players like Ticketmaster by offering superior control over sales and data while combating ticket fraud.

This funding comes amid significant activity in the ticketing industry, with recent developments including:

  • Seat Unique securing multimillion-dollar funding
  • StubHub's planned IPO
  • TickPick's $250 million funding round
  • CTS Eventim's $314 million acquisition of See Tickets
  • Dice exploring a potential sale worth hundreds of millions

Businessman checking phone with charts

Businessman checking phone with charts

Music teacher instructing student class

Music teacher instructing student class

Related Articles

Previous Articles