Festicket Secures $2.7 Million Series A Funding for Global Expansion

Festicket Secures $2.7 Million Series A Funding for Global Expansion

By Marcus Bennett

December 6, 2024 at 12:27 PM

Festival logo, purple background

Festival logo, purple background

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, following their $680,000 seed funding contribution in 2013.

The company plans to use this investment to:

  • Accelerate international expansion, with the U.S. market as primary target
  • Grow their team
  • Further develop their business model
  • Enhance their online booking platform

Currently, Festicket features one U.S. festival (Atlanta's TomorrowWorld) on their platform, with plans to expand their festival partnerships significantly.

According to Co-Founder and CTO Jonathan Younes, "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."

Related Articles

Previous Articles