Music Festival Experience Marketplace Festicket Now Seeking £4 Million Through Crowdcube Funding Round
Summary
Festicket, a UK-based music festival experience marketplace, is now seeking £4 million through its new equity crowdfunding campaign on Crowdcube. Founded in 2012 by Zack Sabban and Jonathan Younes , Festicket states it provides fans of live music a unique, hassle-free, and money-saving service to discover and book ticket/packages for their next festival trips. “Festicket have helped over 1mn fans book experiences through the platform with over 1,200 Festival partners and 5,000 suppliers, including Wireless & Tomorrowland. It is still loss-making at this stage (-€6 million EBITDA 2018).” Funds from the campaign will be used to continue the growth and development of the Festicket platform. Prior to launching the funding round on Crowdcube, Festicket secured £3,500,000, which is represented on the progress bar for clarity.