UK-based Festicket has raised €9.3 million
Unprecedented demand – particularly among millennial consumers – for experiences over material possessions has fuelled the meteoric rise of ‘festival tourism’.
Do you love live music, but find that going to festivals is often a logistical nightmare? The London-based startup Festicket is solving this problem, by making it easy for music festival enthusiasts to find festivals across Europe, as well as book tickets, accommodation, and transportation all on one platform.
Founded in 2012, Festicket allows music fans to discover and book tickets and travel packages for over 1200 music festivals worldwide, and has a network of over 4000 accommodation and travel suppliers to create end-to-end experiences for its users. So far, the company has served more than 2 million travellers from over 120 countries.
The startup has just raised €9.3 million in Series D funding in a round led by venture capital firm Beringea with participation from InMotion Ventures, Channel 4’s Commercial Growth Fund, Lepe Partners, U-Start, and ex Spinnin’ Records CEO Eelko Van Kooten.
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