Festicket, the U.Ok.-headquartered festival booking platform, has picked up one other $four.6 million in funding, an extension of the startup’s $10.5 million Series D gradual closing year. The brand new backing comes from Edge Investments, the artistic industries investor that counts music industry old Harvey Goldsmith as a director.
Edge joins an existing roster of Series D merchants that entails venture capital agency Beringea, Jaguar Land Rover’s venture capital fund InMotion Ventures, Channel four’s Industrial Enhance Fund, Lepe Companions, U-Launch and ex Spinnin’ Records CEO Eelko Van Kooten. The company was as soon as beforehand backed by Lepe Companions, Wellington Companions, PROfounders and Playfair Capital, among others.
Based in 2012, Festicket assign out to accomplish booking diversified festival experiences across Europe as easy as booking a kit holiday. The platform — or marketplace — lets you look and ebook festival tickets and the linked hotfoot itinerary. Snappy-ahead to presently time, the corporate works with more than 1,200 fairs and four,500 suppliers across 50 international locations, serving more than 2.5 million customers worldwide.
Most now not too long within the past, Festicket constructed-in with Spotify to allow you to look music fairs in step with the music you hear to. Dubbed “Competition Finder,” the brand new characteristic requires you to connect your Spotify epic to Festicket using Spotify login. After doing so, the platform pulls in records on your favourite artists and displays 10 upcoming fairs that it deems will match your music tastes.
Within the intervening time, Festicket says the extra capital shall be extinct to enhance Festicket’s entrance into new markets, essentially North The United States and Asia. The company is also planning to put money into its underlying tech platform and grow its “neighborhood” of passionate festival fans around the field. Notably, this can encompass constructing an weird membership tier with added benefits in 2019.