# Spinzo Corporation

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

- Industry: Internet
- Headquarters: Toronto, Canada
- Website: www.spinzo.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Dec 1, 2011)
- Investors on record: 2

## About

Spinzo Corporation is dedicated to providing innovative ticket sales solutions that simplify the purchasing process for consumers and businesses alike.Spinzo Corporation, founded in 2011 and headquartered in Toronto, Canada, specializes in ticket sales solutions. The company has successfully closed 3 deals, with the most recent financing round occurring on January 25, 2012, where GrowthWorks Capital invested USD 0.4 mn. Emmanuel Elmajian serves as both CEO and Founder, leading the company's strategic direction since its inception.Spinzo specializes in innovative ticket sales solutions that streamline the purchasing process for consumers and businesses. Their core offerings include a dynamic ticketing platform that enables event organizers to manage ticket sales effectively while providing customers with engaging purchasing experiences. Spinzo's services cater to theaters, sports teams, live events, and various entertainment venues across major metropolitan areas like New York, Los Angeles, and Toronto, focusing on enhancing transaction efficiency for both event organizers and attendees.Spinzo generates revenue through a structured transaction model that involves partnerships with event organizers and venues, employing a commission-based approach where they take a percentage of each ticket sold through their platform. The pricing plans for their services vary based on event scale and requirements, allowing Spinzo to engage in B2B transactions that capitalize on large-scale events and drive revenue through high-volume ticket sales.Spinzo is focused on developing new products to enhance its ticketing platform, aiming to launch updates in the upcoming year. The company is also exploring expansion into new markets, particularly in European cities, by 2024. The recent financing of USD 0.4 mn from GrowthWorks Capital will be utilized to support these initiatives, allowing Spinzo to innovate its offerings and penetrate additional geographic regions.

## Funding rounds

- Seed, Dec 1, 2011, $0.8M — GrowthWorks Capital, New Brunswick Innovation Foundation

## Investors

- GrowthWorks Capital (https://capitalatlas.ai/funds/growthworks-capital) — Seed
- New Brunswick Innovation Foundation (https://capitalatlas.ai/funds/new-brunswick-innovation-foundation) — Seed