Festicket Gets $2.7 Million in Funding…

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Festicket is a festival package booking site. The company puts together a curated list of festivals, and then pairs tickets with hotel and travel accommodation packages. The list of festivals is currently very eurocentric.

The site has raised $2.7 million in Series A funding. Wellington Partners and PROfounders Capital led the round. Previous investors Playfair Capital, Windcrest Partners, KIMA Ventures, and Jacques-Antoine Granjon also participated in the round. In 2013 Festicket raised $680,000 in seed funding.

Festicket will use the money to accelerate their international expansion, grow their team, and will further develop their business model. Tnooz says that the U.S. is first on the list for expansion. Festicket currently has one U.S. festival on their site, Atlanta’s TomorrowWorld.

Co-Founder and CTO Jonathan Younes says:

“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.”

 

Nina Ulloa covers breaking news, tech, and more. Follow her on Twitter: @nine_u

One Response

  1. John

    festival industry is just beginning to find its way to the digital realm. Check out http://obfessed.com/
    Allows users to rate and review festivals. Sites like this could be big a few years to come.

    Reply

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