Red Sixty One
Latest round
- Series A
Last raised
- May 2021
Total raised
- $2.9M
Investors
- 2
About Red Sixty One
Founded in 2002 in Edinburgh, UK, Red Sixty One Limited provides an innovative ticketing solution tailored for diverse clients.Red61 offers a comprehensive ticketing platform designed to facilitate event management and streamline ticket sales for a diverse range of clients, including festivals, large theatres, arts centres, and local government services. The core functionalities of the platform include automated processes for ticket sales, access control, and integrations with digital wallets, all aimed at enhancing the user experience for both event organizers and attendees. Key features include collaborative cross-selling capabilities, white label websites, detailed reporting and analytics tools, and CRM and marketing integrations, which help users optimize their marketing strategies and improve audience engagement.50. The company generates revenue through a subscription-based model, where clients pay for access to its ticketing solutions and associated services. Red61 establishes partnerships with venues and organizations, providing them with tools to manage ticket sales effectively while ensuring compliance with global security standards. Each transaction may involve the sale of tickets through clients' platforms, with revenue typically derived from service fees applied to each ticket sold. The pricing structures are aligned with the features selected, allowing clients to customize their packages based on specific needs, including automated promotions and reserved seating plans. Red61 aims to launch new features and enhancements in its ticketing platform to better serve its clients. Additionally, the firm is focusing on expanding into new geographic markets, specifically targeting opportunities in North America and parts of Europe by the end of 2023.
Who invested in Red Sixty One
2 investors across 2 rounds
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Questions about Red Sixty One
Who invested in Red Sixty One?
Red Sixty One has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Red Sixty One raised?
Red Sixty One has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Red Sixty One last raise money?
Red Sixty One's most recent round on record is a Series A, in May 2021.
What does Red Sixty One do?
Founded in 2002 in Edinburgh, UK, Red Sixty One Limited provides an innovative ticketing solution tailored for diverse clients.
Where is Red Sixty One headquartered?
Red Sixty One is headquartered in Edinburgh, UK.
Which VCs invest in companies like Red Sixty One?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Red Sixty One's stage. Their profiles are linked below.
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