# Coras

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coras

- Industry: Internet
- Headquarters: Dublin, Ireland
- Website: www.coras.io
- Latest round: Seed (Feb 25, 2020)
- Investors on record: 1

## About

Coras is a technology company providing a comprehensive ticketing platform that connects event suppliers and distributors, streamlining the ticket sales process while enhancing customer accessibility and choice.Founded in 2015 in Dublin, Ireland, Coras specializes in a ticketing platform that connects suppliers with distributors, facilitating ticket sales for various events. The company has completed 3 deals, with the most recent funding round occurring on August 12, 2024. Coras raised EUR 1.3 million led by DataOp, marking a significant milestone in its funding history. Phil Cutts serves as the CEO of the company.Coras provides a comprehensive ticketing platform that connects suppliers, such as venues and promoters, with distributors, including online retailers, facilitating the sale of tickets for various events and activities. The platform enables customers to purchase tickets through familiar websites, enhancing accessibility and choice in ticket sourcing. This solution aims to streamline the ticket-buying process while offering suppliers and distributors a seamless integration with existing online systems. Notably, Coras has established partnerships with over 10,000,000 tickets, catering to a diverse range of event genres and geographical markets, including Europe and beyond. By leveraging a single API, Coras enhances operational efficiency for clients and optimizes the ticketing experience for end users.Coras operates on a revenue-sharing model that outlines a clear structure for transactions between the company, suppliers, and distributors. In typical transactions, when a customer purchases a ticket for EUR 55, a portion of that amount is allocated to Coras and the distributor, with specific revenue shares varying based on individual agreements. For example, if a distributor retains a 60% share, Coras would receive a designated fee, ensuring that suppliers also receive a significant portion of the ticket price. This model underscores Coras's focus on transparency in pricing and revenue distribution, aiming to foster long-term partnerships with both suppliers and distributors within the ticketing ecosystem.In August 2024, Coras raised EUR 1.3 million in venture funding led by DataOp. The company intends to utilize this funding to expand its tickets API product and launch its platform, Fida. Additionally, Coras is planning to enter new markets to further enhance its service offerings and reach.

## Funding rounds

- Seed, Feb 25, 2020 — QVentures

## Investors

- QVentures (https://capitalatlas.ai/funds/qventures) — Seed