About WorldTicket
WorldTicket is a company based in Copenhagen (Denmark) founded in 2002 was acquired by 777 Partners in July 2022.. WorldTicket has raised $3.8 million across 3 funding rounds from investors including Fast Forward Capital and 777 Partners. The company has 7 employees as of November 30, 2024. WorldTicket offers products and services including W2 GDS Sub-Hosting, W2 BSP Ticketing, Ticketing Availability, Deutsche Bahn Integration, and W2 E-Payment. WorldTicket operates in a competitive market with competitors including Travelport, Airlines Reporting Corporation, AeroCRS, Radixx and 2e Systems, among others.
- Headquarter Copenhagen, Denmark
- Employees 7 as on 30 Nov, 2024
- Stage Minicorn
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Worldticket A S
-
Annual Revenue
$12.68 M (USD)59as on Dec 31, 2021
-
Net Profit
$-7.92 M (USD)-149as on Dec 31, 2021
-
EBITDA
-
Total Equity Funding
$3.8 M (USD)
in 3 rounds
-
Latest Funding Round
$517.3 K (USD), Seed
May 25, 2010
-
Investors
Fast Forward Capital
& 1 more
-
Employee Count
7
as on Nov 30, 2024
-
Acquired by
777 Partners
(Jul 01, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of WorldTicket
WorldTicket offers a comprehensive portfolio of products and services, including W2 GDS Sub-Hosting, W2 BSP Ticketing, Ticketing Availability, Deutsche Bahn Integration, and W2 E-Payment. 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.
Enables bookings for airlines not in standard systems.
Issues flight documents for partner airlines.
Checks ticketing options across partners and regions.
Combines flight tickets with train rides.
Supports secure payments for tickets and services.
Funding Insights of WorldTicket
WorldTicket has successfully raised a total of $3.8M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $517.3 thousand completed in May 2010. 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 3
- Last Round Seed — $517,300
-
First Round
First Round
(18 Oct 2006)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2010 | Amount | Seed - WorldTicket | Valuation |
investors |
|
| Jun, 2008 | Amount | Seed - WorldTicket | Valuation |
investors |
|
| Oct, 2006 | Amount | Seed - WorldTicket | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WorldTicket
WorldTicket has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Fast Forward Capital and 777 Partners. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by WorldTicket
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - WorldTicket
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Worldticket Comparisons
Competitors of WorldTicket
WorldTicket 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 Travelport, Airlines Reporting Corporation, AeroCRS, Radixx and 2e Systems, 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 |
Blockchain and SaaS solutions are delivered for travel providers.
|
|
| domain | founded_year | HQ Location |
Secure platform for airline partnerships, transactions, and NDC implementation services.
|
|
| domain | founded_year | HQ Location |
Cloud-based passenger service system for aviation is provided.
|
|
| domain | founded_year | HQ Location |
Global distribution systems and tech solutions for airlines are provided.
|
|
| domain | founded_year | HQ Location |
Aviation software for bookings, check-in, and passenger communications with global offices.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Worldticket
Frequently Asked Questions about WorldTicket
When was WorldTicket founded?
WorldTicket was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Where is WorldTicket located?
WorldTicket is headquartered in Copenhagen, Denmark.
Who is the current CEO of WorldTicket?
Lasse Meilsoe is the current CEO of WorldTicket.
Is WorldTicket a funded company?
WorldTicket is a funded company, having raised a total of $3.8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.61M, raised on Oct 18, 2006.
How many employees does WorldTicket have?
As of Nov 30, 2024, the latest employee count at WorldTicket is 7.
What is the annual revenue of WorldTicket?
Annual revenue of WorldTicket is $12.68M as on Dec 31, 2021.
What does WorldTicket do?
WorldTicket was founded in 2002 and is based in Copenhagen, Denmark. Operations focus on the airline industry, where a passenger service system is delivered. This includes inventory hosting, B2B and B2C e-commerce platforms, ancillary product sales, connectivity to IATA e-ticketing servers, management reporting, revenue accounting, online check-in, and distribution channels. Clients such as JC Airlines, JetAir, AirLink, and AirWing are served.
Who are the top competitors of WorldTicket?
WorldTicket's top competitors include Travelport, Navitaire and Materna IPS.
What products or services does WorldTicket offer?
WorldTicket offers W2 GDS Sub-Hosting, W2 BSP Ticketing, Ticketing Availability, Deutsche Bahn Integration, and W2 E-Payment.
Who are WorldTicket's investors?
WorldTicket has 2 investors. Key investors include Fast Forward Capital, and 777 Partners.
What is WorldTicket's valuation?
The valuation of WorldTicket is $2.85M as of May 2010.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.