Smeetz investment secured with Series A funding
Summary
Smeetz, a provider of smart all-in-one ticketing software for leisure and cultural attractions, has announced a successful funding round which will enable development and growth.The firm has confirmed the first closing of its Series A financing for $4.1M. Smeetz says that the cash injection will be used to scale its human resources function and R&D investments to further fulfil the industrys demand for innovation. The company currently has forty employees, working with international clients including museums, theme parks, music venues and theatres.Co-founder and CTO of Smeetz, Morgan Siffert, says: We know the future of the attraction industry lies in data and artificial intelligence. I am really excited to start this new venture together with Alexandre and his team and we are flattered by the opportunity to be part of Smeetz.NewOak CEO Gregory Armstrong adds: We have followed Smeetz since its first days and were impressed by the milestones achieved by the company. In a market that is more advanced and prone to dynamic pricing, we are extremely confident of the product-market fit of our AI-powered unified commerce SaaS.A second closing will follow later in the year, to which Z\xfcrcher Kantonalbank, Switzerlands fourth-largest bank, has already shown commitment.Smeetz has also recently announced immediate plans to expand its offering in Europe, with the appointment of Jean-Marc Tille as manager for France and Belgium.