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
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Worldticket A S
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Annual Revenue
$12.68 M (USD)59as on Dec 31, 2021
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Net Profit
-$7.92 M (USD)-149as on Dec 31, 2021
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EBITDA
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Total Equity Funding
$3.8 M (USD)
in 3 rounds
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Latest Funding Round
$517.3 K (USD), Seed
May 25, 2010
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Investors
Fast Forward Capital
& 1 more
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Employee Count
7
as on Nov 30, 2024
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Acquired by
777 Partners
(Jul 01, 2022)
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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.
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
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First Round
First Round
(18 Oct 2006)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2010 | Amount | Seed - WorldTicket | Valuation |
investors |
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| Jun, 2008 | Amount | Seed - WorldTicket | Valuation |
investors |
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| Oct, 2006 | Amount | Seed - WorldTicket | Valuation |
investors |
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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.
| Investor | Description | Founded Year | Domain | Location |
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Investments & Acquisitions by WorldTicket
Financial Statements - WorldTicket
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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Blockchain and SaaS solutions are delivered for travel providers.
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| domain | founded_year | HQ Location |
Secure platform for airline partnerships, transactions, and NDC implementation services.
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| domain | founded_year | HQ Location |
Cloud-based passenger service system for aviation is provided.
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| domain | founded_year | HQ Location |
Global distribution systems and tech solutions for airlines are provided.
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| domain | founded_year | HQ Location |
Aviation software for bookings, check-in, and passenger communications with global offices.
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Frequently Asked Questions about WorldTicket
WorldTicket was founded in 2002 and raised its 1st funding round 4 years after it was founded.
WorldTicket is headquartered in Copenhagen, Denmark.
Lasse Meilsoe is the current CEO of WorldTicket.
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.
As of Nov 30, 2024, the latest employee count at WorldTicket is 7.
Annual revenue of WorldTicket is $12.68M as on Dec 31, 2021.
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.
WorldTicket's top competitors include Travelport, Navitaire and Materna IPS.
WorldTicket offers W2 GDS Sub-Hosting, W2 BSP Ticketing, Ticketing Availability, Deutsche Bahn Integration, and W2 E-Payment.
WorldTicket has 2 investors. Key investors include Fast Forward Capital, and 777 Partners.
The valuation of WorldTicket is $2.85M as of May 2010.