About OKTICKET
OKTICKET is a company based in Gijon (Spain) founded in 2017 by Eduardo Vazquez Faes and Ivan Rodriguez Alvarez.. OKTICKET has raised $2.78 million across 2 funding rounds from investors including GVC Gaesco, Encomenda and Asterius. OKTICKET offers products and services including OKT Card, Expense Management Software, and Mobile App. OKTICKET operates in a competitive market with competitors including Spendesk, Concur, Pleo, W.A.G. payment solutions and Way2Vat, among others.
- Headquarter Gijon, Spain
- Founders Eduardo Vazquez Faes, Ivan Rodriguez Alvarez
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Sectors
TechnologyTravel & Hospitality Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.78 M (USD)
in 2 rounds
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Latest Funding Round
$1.93 M (USD), Seed
Jan 12, 2023
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Investors
GVC Gaesco
& 7 more
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Employee Count
Employee Count
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Products & Services of OKTICKET
OKTICKET offers a comprehensive portfolio of products and services, including OKT Card, Expense Management Software, and Mobile App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Corporate debit card for controlled expense payments and limits
Platform for tracking and reconciling business travel expenses
App for instant digitalization and reporting of expenses
Unlock access to complete
Funding Insights of OKTICKET
OKTICKET has successfully raised a total of $2.78M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.93 million completed in January 2023. 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 2
- Last Round Seed — $1.9M
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First Round
First Round
(28 Apr 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Seed - OKTICKET | Valuation | GVC Gaesco , Asterius | |
| Apr, 2021 | Amount | Seed - OKTICKET | Valuation | Encomenda , Successful ventures |
| 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 OKTICKET
OKTICKET has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include GVC Gaesco, Encomenda and Asterius. 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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Early-stage venture capital investments are provided to technology-driven founders.
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Founded Year | Domain | Location | |
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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 OKTICKET
| 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 |
Financial Statements - OKTICKET
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Okticket Comparisons
Competitors of OKTICKET
OKTICKET 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 Spendesk, Concur, Pleo, W.A.G. payment solutions and Way2Vat, 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 |
Provider of prepaid cards for financial benefits of employees
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| domain | founded_year | HQ Location |
Corporate travel expenses and invoices are managed via SaaS platform.
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| domain | founded_year | HQ Location |
SaaS expense management solutions for business travel are provided.
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| domain | founded_year | HQ Location |
Prepaid fuel and toll payment cards are provided for fleets.
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| domain | founded_year | HQ Location |
Travel expenses for businesses are managed via an online platform.
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| domain | founded_year | HQ Location |
Cloud-based expense management is offered for corporate travelers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Okticket
Frequently Asked Questions about OKTICKET
When was OKTICKET founded?
OKTICKET was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is OKTICKET located?
OKTICKET is headquartered in Gijon, Spain. It is registered at Gijon, Asturias, Spain.
Is OKTICKET a funded company?
OKTICKET is a funded company, having raised a total of $2.78M across 2 funding rounds to date. The company's 1st funding round was a Seed of $845.42K, raised on Apr 28, 2021.
What does OKTICKET do?
Founded in 2017 in Gijon, Spain, OKTICKET operates as an ERP software platform targeted at enterprises. Expense management is facilitated through features that allow categories to be created, thresholds to be set for each category and cost center, and spending behaviors to be analyzed. Files with signed PDF copies are also managed to track financial information. The domain okticket.es supports these operations in the enterprise resource planning sector.
Who are the top competitors of OKTICKET?
What products or services does OKTICKET offer?
OKTICKET offers OKT Card, Expense Management Software, and Mobile App.
Who are OKTICKET's investors?
OKTICKET has 8 investors. Key investors include GVC Gaesco, Encomenda, Asterius, Angels Capital, and Juan Roig's investment.