Ticketoo
Ticketoo is the Marketplace for the resale of tickets in a Legal, Transparent and Secure way!.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor | €0.0 | round | |
* | €400k | Seed | |
| Total Funding | 000k | ||
| EUR | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 320 % | 284 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| % profit margin | (48 %) | (190 %) | (101 %) |
| 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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Based in Rome, Italy, Ticketoo operates as a B2C online marketplace for the secondary ticketing of live events. Founded in May 2022 by Andrea Giorgi, Simone Serani, and Paolo Biondo, the company aims to provide a secure and ethical platform for fans to buy and sell tickets for concerts, sporting events, festivals, and theatre. The founding idea stemmed from CEO Simone Serani's personal experience of needing to sell a concert ticket and realizing the lack of safe, fan-friendly options in Italy compared to other countries. The founders, self-proclaimed music enthusiasts, leveraged their understanding of event dynamics and online fan communities to build a trusted alternative.
Ticketoo's business model centers on creating a transparent fan-to-fan exchange that actively combats scalping. The platform's core technology verifies the authenticity of tickets and ensures they are sold at or below their original face value, in compliance with a 2016 Italian law regulating secondary ticketing. Revenue is generated through a fixed-fee structure applied to the buyer, which varies based on the ticket price: €4 for tickets up to €60, €6 for tickets up to €150, and €8 for tickets over €150. This contrasts with the percentage-based fees common on other platforms.
The service is designed for ease of use, allowing sellers to upload their tickets in minutes, with the platform automatically extracting relevant data. For buyers, Ticketoo handles processes like name changes, guaranteeing secure access to events. The platform features a notification system to alert users when tickets for desired events become available. Since its inception, the company has secured over €500,000 in funding through pre-seed and seed rounds, with investors including Digital Magics, Innova Venture, and the Lazio Region's fund. This capital is being used to enhance the platform and expand its user base, which has already grown to include hundreds of thousands of fans.
Keywords: secondary ticketing, fan-to-fan marketplace, event tickets, concert tickets, sports tickets, ethical ticketing, ticket resale, anti-scalping, mobile ticketing, live events, ticket exchange, secure tickets, online marketplace, P2P ticketing, event technology, Italy, Rome, Digital Magics, Innova Venture, Simone Serani