Dutch blockchain ticketing startup Celebratix secures €1.1M funding
Celebratix, a Dutch blockchain ticketing startup backed by Solana, has secured €1.1 million in investments from numerous Dutch serial entrepreneurs, the Swedish VC uBIT, and the UK business angel Justin Rees. The funds will be used to expand internationally. “We are beyond excited to set a new standard of blockchain based ticketing,” says Frank Roskam, Founder and CEO of Celebratix.
Founded in 2022, Celebratix leverages the Solana blockchain to unlock event revenue and customer data before, during, and after events. In this way, Celebratix enables event organisers to take back control of their secondary market, while offering event attendees a 100% safe, simple and secure experience. The Dutch startup has a core customer base of events in and around Amsterdam, such as the Chicago Social Club and Jimmy Woo. Celebratix is on track to reach 1 million+ tickets in on-chain activity by the end of 2024.
Celebratix is a problem-driven startup, solving the industry’s most pressing issues through Blockchain technology. “Celebratix was founded by event organisers, for event organisers,” says Roskam. “Having organised festivals for 40,000+ people ourselves in Olympic Stadium in Amsterdam, we’ve first-hand experienced the fraud issues when it comes to reselling tickets. Let alone all the data that is being lost for retargeting. We are perfectly positioned to challenge the incumbent ticketing companies like Ticketmaster.”
The 2023 Dutch Blockchain Award winners are continuing to push boundaries within their industry. “With Celebratix, organisers have full control over the sale of their tickets, which means they do not have to pay fees to secondary marketplaces and can better engage their attendees,” said Justin Rees, the UK business angel. "As a one-stop-shop for events, I am convinced that Celebratix is setting the new standard for ticketing in Europe. With the backing of Solana it has the potential to scale worldwide."
With the €1.1 million raised this investment round, founders Frank Roskam, Hans Jochem Dijk (Oranjebloesem/PIV Records), and Guy Rombaut (ex-Bitvavo) are not only ready to grow the Dutch market, but also expand overseas to Sweden and the United Kingdom. Through a partnership with MixMag, Celebratix recently entered the German market providing services in both Berlin and Hamburg.
With backing from Angel Investors in every one of those countries, this is the logical next step. The funding will be used to hire a new set of back-end developers, as well as expand its sales ambitions.
For more startup news, check out the other articles on the website, and subscribe to the magazine for free. Listen to The Cereal Entrepreneur podcast for more interviews with entrepreneurs and big-hitters in the startup ecosystem.