Bath, UK-based ticketing marketplace Tickitto has raised $4.5 million in seed funding. The startup has created a white label solution for B2C platforms to bypass the complexities often involved in offering ticket sales directly. Having focused on technology advancements during the pandemic, the new funding will be used to scale the company, primarily through the hiring of partnership development and data infrastructure teams. To date, Tickitto has raised just shy of $10 million.
Founded in 2017 by Dana Lattouf, the Tickitto platform solves one fundamental, yet troubling problem; implementing ticket sales on a B2C platform has traditionally been no small feat. Eschewing the 325 different and complex models, Tickitto’s REST API brings this number down to 3.
Tickitto’s new funding round was led by Vorwerk Ventures and saw participation from TriplePoint, SeedCamp, and notable angel investors including Martin Gould, who was head of product for Spotify's content platform, ComplyAdvantage CEO Charles Delingpole, Universal Studio’s former VP of business development Jonny Moran, Revolut business’ former CEO Richard Davis, and GoCardless founder Matt Robinson.