Festicket, a London-based startup that offers travel packages for music festivals, apparently struck the right note with investors and secured $2.7 million in a Series A round led by Wellington Partners and PROfounders Capital.
The startup works with music festivals such as Tomorrowland, Ultra Europe and Leeds & Reading, and offers travel packages that include concert tickets and hotel rooms, for example.
Founded in 2012, Festicket’s total funding to date is $3.4 million, says CEO Zack Sabban.
The company plans on using the new funding to boost international expansion, expand its team, and further develop its platform.
Also participating in the Series A round were previous seed investors Windcrest Partners, Playfair Capital, KIMA Ventures, and Jacques-Antoine Granjon.