# GlobalTix Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/globaltix-pte

- Industry: Internet
- Headquarters: Singapore, Singapore
- Website: www.globaltix.com
- Total disclosed funding: $13M
- Latest round: Series B (Oct 14, 2024)
- Investors on record: 6

## About

GlobalTix Pte Ltd is a Singapore-based technology company offering specialized booking software and management tools for the tourism industry, enhancing operational efficiency for attractions and travel services across the Asia-Pacific region.Founded in 2013 in Singapore, GlobalTix Pte Ltd specializes in providing booking solutions for the tourism sector. The company has executed four deals, with its latest funding round, a Series B, completed on October 14, 2024, raising USD 7.044 mn. The company’s founder and CEO, Chee Chan, has been pivotal in steering its growth and technological advancements. GlobalTix's current valuation stands at USD 151.52 mn.GlobalTix provides a comprehensive suite of booking software and management tools specifically designed for the tourism industry, including attractions, tours, and activities. Their core offerings consist of a robust booking engine, a channel manager, and management tools that facilitate real-time inventory management and sales across multiple platforms. The booking software allows operators to list their products and connect with global Online Travel Agents (OTAs) and Travel Agents (TAs), enhancing visibility and distribution efficiency. GlobalTix incorporates a payment solution that integrates over 30 payment methods across the Asia-Pacific (APAC) region, enabling international transactions and local currency receipt. The company serves a diverse clientele, including small family-run businesses like the Teddyville Museum and larger enterprises such as NERF Action Xperience, effectively catering to various market segments within the tourism sector.GlobalTix operates under a transaction-based revenue model, earning income through the services provided to its clients. In 2024, the company reported a revenue of USD 65.21 mn and an EBITDA of USD 564,628. The structure involves direct online bookings, allowing clients to manage sales 24/7 without relying on traditional booking methods, alongside subscription plans for platform access and service fees for transactions.In October 2024, GlobalTix Pte Ltd raised USD 7.04 mn in Series B funding led by Tin Men Capital, with participation from 500 Global and SEEDS Capital. The company plans to utilize this funding to enhance its technology, focusing on expanding its AI-driven solutions. Additionally, GlobalTix aims to expand its operations into new geographic regions within the Asia-Pacific market, although specific locations and timelines are yet to be disclosed.

## Funding rounds

- Series B, Oct 14, 2024, $7M — SEED Capital, 500 Global, Tin Men Capital
- Series B, Apr 4, 2024, $2.1M — Tin Men Capital, SEEDS Capital
- Series A, Jan 15, 2019, $1.8M — Tin Men Capital
- Series A, Aug 19, 2016, $1.9M — Mount Sinai Innovation Partners, Nineteen Peaks Pte. Ltd.

## Investors

- Mount Sinai Innovation Partners (https://capitalatlas.ai/funds/mount-sinai-innovation-partners) — Series A
- Nineteen Peaks Pte. Ltd. — Series A
- Tin Men Capital (https://capitalatlas.ai/funds/tin-men-capital) — Series A, Series B
- SEEDS Capital (https://capitalatlas.ai/funds/seeds-capital) — Series B
- SEED Capital (https://capitalatlas.ai/funds/seed-capital) — Series B
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series B