Celebratix, a Dutch blockchain ticketing startup backed by Solana, has secured €1.1M from the Swedish VC uBIT, and angel investors. The funds will be used to expand internationally. Celebratix offers a ticketing infrastructure via blockchain technology, without the requirement for end users to deal with crypto. The company now provides ticketing for some of the largest venues in Amsterdam, Hamburg and Berlin.
Celebratix leverages Solana’s blockchain software to make event revenue and customer data accessible before, during and after events.The Dutch startup has a core customer base of events in and around Amsterdam, such as the Chicago Social Club and Jimmy Woo.
“Celebratix was founded by event organizers, for event organizers”, commented founder Frank Roskam. “Having organized festivals for 40.000+ people ourselves in the Olympic Stadium in Amsterdam, we’ve first-hand experienced the fraud issues when it comes to reselling tickets. Let alone all the data that is being lost for retargeting. We are perfectly positioned to challenge the incumbent ticketing companies like Ticketmaster.”
“With Celebratix, organizers have full control over the sale of their tickets, which means they do not have to pay fees to secondary marketplaces and can better engage their attendees,” said Taco Ketelaar, one of the Dutch business angels. “As a one-stop-shop for events, I am convinced that Celebratix is setting the new standard for ticketing in Europe. With the backing of Solana it has the potential to scale worldwide.”
With the €1.1M investment round, founders Frank Roskam, Hans Jochem Dijk (Oranjebloesem/PIV Records) and Guy Rombaut (ex-Bitvavo) will expand overseas to Sweden and the United Kingdom. Through a partnership with MixMag, Celebratix recently entered the German market providing services in both Berlin and Hamburg.With backing from Angel Investors in every one of those countries. The funding will be used to hire a new set of back-end developers, as well as expand its sales ambitions.
By Tech.eu
Source: Tech.eu