Festicket, the UK startup that offers a travel booking and discovery site for festival goers, has closed a $2.7 million Series A round. The new funding, which adds to a $680,000 seed round raised in March 2013, is being led by European VCs, Wellington Partners and PROfounders Capital. Previous investors, Windcrest Partners, Playfair Capital, and Jacques-Antoine Granjon (founder of vente-privee.com), also participated.
Founded in early 2012 by Zacharie Sabban (CEO) and Jonathan Younes (CTO), Festicket wants to make attending festivals as easy as booking a package holiday. Users browse the curated directory of music festivals and, in a single purchase, can book a festival package â€” tickets, transport and accommodation â€” therefore eliminating much of the pain associated with attending festivals, which often involves dealing with multiple providers and a disparate itinerary. By consolidating this process, the broader aim is to open up the festival market to an even wider audience. Read More at http://techcrunch.com/2014/09/11/festicket-series-a/