Racetick
We are a marketplace where organizers of sports events have the possibility to offer to the customers some tickets with discount.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | €600k | Seed | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 106 % | (59 %) |
| EBITDA | 0000 | 0000 | 0000 |
| % EBITDA margin | (256 %) | (315 %) | - |
| Profit | 0000 | 0000 | 0000 |
| % profit margin | (197 %) | (264 %) | (709 %) |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Racetick, operating as nextrace.co, is a marketplace platform focused on the mass participation sports event sector. Founded in 2018 by Luis Género and Ramón Pujol, the Barcelona-based company aims to streamline the event discovery and registration process for athletes. Género, serving as CEO, brings experience from founding Win Sports Factory, a company organizing mass participation sports events. The CTO, Ramón Pujol, has a technical background as a partner in various tech ventures including Clintu and Deliverea, and as CEO of the development company T4XI.
The company's core product is a comprehensive search engine and calendar for athletic events, covering disciplines such as running, trail running, cycling, triathlon, and swimming. Athletes can filter and search for events and register directly through the platform, which also provides discounts and offers for its users. This model positions Racetick as a centralized hub, simplifying how participants connect with event organizers. The business generates revenue by facilitating these registrations. Housed in the Barcelona Activa startup hub, Racetick has secured seed funding to support its growth. A significant funding round in September 2019 raised $660K from investors including Bstartup Banco Sabadell, Ona Capital, and Reus Capital Partners.
Racetick also offers a separate application for Wear OS, which functions as a regatta timer for sailing, indicating an exploration into tools serving specific athlete needs during events. The platform's primary market is Information Services (B2C), connecting individual athletes with a wide array of sporting events.
Keywords: endurance sports marketplace, race registration platform, athlete event booking, running event calendar, triathlon registration, cycling event search, mass participation sports, sports ticketing, Luis Género, Ramón Pujol, Barcelona Activa, sports event directory, marathon booking, trail run registration, swim race entries, Bstartup Banco Sabadell, event discovery platform, athlete tech, sports technology, nextrace, endurance event platform, race finder