Festicket
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 16.7m | 22.1m | 22.1m | 22.1m | 17.0m | 1.1m |
% growth | - | 32 % | - | - | (23 %) | (94 %) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $80.0k | Seed | |
$700k | Seed | ||
$2.7m | Series A | ||
N/A | N/A | Series A | |
* | €5.7m | Series B | |
N/A | - | ||
N/A | Series C | ||
* | €9.3m | Series D | |
* | N/A | Media For Equity | |
$4.6m | Series D | ||
Total Funding | $24.6m |
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Recent News about Festicket
EditFesticket is a comprehensive platform that simplifies the process of booking tickets, accommodation, and travel packages for major music festivals around the world. Founded in April 2011 by Zack, Jonathan, and Jerome, the company emerged from their own frustrating experience planning a trip to Coachella. Festicket partners with festivals to provide both general admission and VIP tickets, ensuring a seamless and cost-effective booking experience for festival-goers. The platform serves a diverse clientele, including music enthusiasts and travelers looking for a hassle-free way to attend popular festivals like Lollapalooza Paris, Tomorrowland, and Mad Cool Festival.
Operating in the global live events market, Festicket's business model revolves around partnerships with festivals and event organizers. The company earns revenue through ticket sales, accommodation bookings, and travel packages, often taking a commission on each transaction. Additionally, Festicket offers a discovery feature that allows users to follow their favorite artists and receive notifications when they are added to festival lineups, enhancing user engagement and retention.
Keywords: festival booking, music festivals, travel packages, VIP tickets, accommodation, global events, artist discovery, event partnerships, ticket sales, seamless booking.