About Festicket
Festicket is a company based in London (United Kingdom) founded in 2012 by Patrick Sabban.. Festicket has raised $54.99 million across 8 funding rounds from investors including Edge VC, Alvarium and Wellington Partners Venture Capital. The company has 130 employees as of December 31, 2020. Festicket has completed 1 acquisition, including Ticket Arena. Festicket operates in a competitive market with competitors including G Adventures, Yervana, Retreat Guru, GiftGator and Outdoor Events and Activities, among others.
- Headquarter London, United Kingdom
- Employees 130 as on 31 Dec, 2020
- Founders Patrick Sabban
- Stage Minicorn
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Festicket Ltd
- Date of Incorporation 25 Jan, 2012
- Jurisdiction LONDON
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Annual Revenue
$7.76 M (USD)31as on Dec 31, 2018
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Net Profit
$-11.59 M (USD)30as on Dec 31, 2020
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EBITDA
$-12.22 M (USD)31as on Dec 31, 2020
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Total Equity Funding
$54.99 M (USD)
in 8 rounds
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Latest Funding Round
$1.8 M (USD), Series D
Sep 02, 2019
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Investors
Edge VC
& 12 more
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Employee Count
130
as on Dec 31, 2020
- Investments & Acquisitions
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Funding Insights of Festicket
Festicket has successfully raised a total of $54.99M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $1.8 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series D — $1.8M
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First Round
First Round
(25 Feb 2013)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series D - Festicket | Valuation |
investors |
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| Apr, 2019 | Amount | Series D - Festicket | Valuation |
investors |
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| Feb, 2019 | Amount | Series D - Festicket | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Festicket
Festicket has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Edge VC, Alvarium and Wellington Partners Venture Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are provided to creative technology startups.
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Founded Year | Domain | Location | |
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Investments are made in early-stage healthcare startups.
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Founded Year | Domain | Location | |
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VC firm investing in Europe
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Festicket
Festicket has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ticket Arena. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Event tickets for festivals and music are sold online.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Festicket
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Festicket Comparisons
Competitors of Festicket
Festicket operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as G Adventures, Yervana, Retreat Guru, GiftGator and Outdoor Events and Activities, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Adventure tours are booked via an online platform.
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| domain | founded_year | HQ Location |
Outdoor tours and activities are booked through an app-based platform.
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| domain | founded_year | HQ Location |
Online booking platform for yoga, meditation retreats & outdoor adventures
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| domain | founded_year | HQ Location |
An online platform for discovering and booking outdoor tours and activities.
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| domain | founded_year | HQ Location |
Offers an online platform for discovering and booking outdoor tours and activities for travelers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Festicket
Frequently Asked Questions about Festicket
When was Festicket founded?
Festicket was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Festicket located?
Festicket is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Festicket a funded company?
Festicket is a funded company, having raised a total of $54.99M across 8 funding rounds to date. The company's 1st funding round was a Series D of $4.6M, raised on Feb 25, 2013.
How many employees does Festicket have?
As of Dec 31, 2020, the latest employee count at Festicket is 130.
What is the annual revenue of Festicket?
Annual revenue of Festicket is $7.76M as on Dec 31, 2018.
What does Festicket do?
Festicket was founded in 2012 in London, United Kingdom, as an online platform focused on bookings for outdoor tours and activities. Operations center on live music concerts, where comprehensive packages are offered, including festival tickets alongside flights, trains, shuttles, and hotel accommodations. The service operates within the travel and events sector, facilitating user access to integrated travel solutions.
Who are the top competitors of Festicket?
Festicket's top competitors include G Adventures, Retreat Guru and Yervana.
How many acquisitions has Festicket made?
Festicket has made 1 acquisition, including Ticket Arena.
Who are Festicket's investors?
Festicket has 13 investors. Key investors include Edge VC, Alvarium, Wellington Partners Venture Capital, PROfounders Capital Partners, and Playfair Capital.
What is Festicket's valuation?
The valuation of Festicket is $56.1M as of Sep 2019.