Blockchain Ticketing Platform Celebratix Secures €1.1M Investment for European Market Expansion

Blockchain Ticketing Platform Celebratix Secures €1.1M Investment for European Market Expansion

By Marcus Delano Thompson

November 21, 2024 at 09:33 PM

Blockchain-powered ticketing startup Celebratix has secured $1.15 million (€1.1 million) in funding to fuel its international expansion plans.

Brown door entrance to Jimmy Woo

Brown door entrance to Jimmy Woo

Founded in 2022 by Frank Roskam, the Amsterdam-based platform leverages Solana blockchain technology to enhance event ticketing security, organization, and marketing. The platform currently services approximately 40 events monthly, including Amsterdam nightclubs and festivals like Multigroove.

Key Features and Benefits:

  • Enhanced ticket resale security
  • Improved event organization
  • Advanced marketing capabilities
  • In-app ticket purchasing for multiple attendees
  • Complete data control for event organizers

The funding round attracted notable investors including:

  • Stockholm VC uBit
  • Taco Ketelaar (Creative Clicks founder)
  • Giedo van der Garde (Professional racing driver)
  • Denise Boekhoorn (Daughter of billionaire Marcel Boekhoorn)

Expansion Plans:

  • Already launched in Germany
  • Targeting entry into Scandinavia and the UK
  • Positioning to compete with established players like Ticketmaster

This funding comes amid significant movement in the ticketing industry, with recent developments including:

  • Seat Unique securing multimillion-dollar funding
  • StubHub's planned IPO
  • TickPick's $250 million funding round
  • CTS Eventim's acquisition of See Tickets for $314 million
  • Dice exploring a potential sale worth hundreds of millions

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Businessman checking phone with charts

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Music teacher instructing student class

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