# Tixel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tixel-pty

- Industry: Media
- Headquarters: Australia
- Website: www.tixel.com
- Total disclosed funding: $9M
- Latest round: Series B (Dec 1, 2024)
- Investors on record: 15

## About

Tixel Pty Ltd, based in Australia, provides a secure platform for fan-to-fan ticket resale, ensuring safe transactions for live events across various sectors including music, sports, and theatre.Tixel Pty Ltd, founded in 2017 in Australia, specializes in a secure ticket resale platform. The founders, Denis Mysenko, Jason Webb, and Zac Leigh, have developed the company to facilitate direct sales between fans. Notably, Tixel has raised a total of USD 4.50 mn, primarily through its latest funding round, Series B, led by Touch Ventures, with participation from Alberts, Aura Funds Management, and Lalotte Ventures. Eight deals have been completed since inception.Tixel offers a secure platform for fan-to-fan ticket resale, focusing on live events including music festivals, sports, comedy, and theatre. The platform enables users to buy and sell tickets at face value, ensuring a safe transaction experience that protects against scalping and fraud. Key features include a waitlist for sold-out events, automated reminders for event details, and an easy ticket checking process, enhancing the overall experience for users in markets such as Australia, the United Kingdom, the United States, and New Zealand.Tixel generates revenue primarily through transaction fees on ticket sales on its platform. When a seller lists a ticket, Tixel charges a percentage of the sale price as a fee upon the successful sale. This model facilitates direct transactions between fans, allowing them to buy or sell tickets without intermediaries. Additionally, Tixel may implement various pricing structures to optimize user experience while ensuring competitive ticket access for live events.Tixel plans to leverage recent funding to enhance its platform and expand its offerings. This includes the design and launch of new features, although specific details and release dates have not been disclosed. The company is also targeting expansion into new markets, with a focus on strengthening its presence in the United States and New Zealand by late 2024. Additionally, Tixel received venture funding from a new investor, Euphemia, to support these growth initiatives.

## Funding rounds

- Series B, Dec 1, 2024, $4.5M — Aura Group, Alberts, Touch Ventures, Lalotte Ventures
- Series A, Apr 1, 2022, $3.4M — Galileo Ventures, TEN13, Future Classic, Horizon Collective Investments Pty Ltd, Jas Impact Capital Pty Ltd, Jatix Pty Ltd, Sl Webb Investments Pty Ltd
- Seed, Dec 22, 2020, $1.1M — Galileo Ventures, Waratah, I OH YOU, Future Classic, LUNA, Strangelove Investments Pty Ltd, Jas Impact Capital Pty Ltd, Sl Webb Investments Pty Ltd

## Investors

- Galileo Ventures — Seed, Series A
- Waratah (https://capitalatlas.ai/funds/waratah) — Seed
- I OH YOU — Seed
- Future Classic — Seed, Series A
- LUNA (https://capitalatlas.ai/funds/luna) — Seed
- Strangelove Investments Pty Ltd — Seed
- Jas Impact Capital Pty Ltd — Seed, Series A
- Sl Webb Investments Pty Ltd — Seed, Series A
- TEN13 (https://capitalatlas.ai/funds/ten13) — Series A
- Horizon Collective Investments Pty Ltd — Series A
- Jatix Pty Ltd — Series A
- Aura Group (https://capitalatlas.ai/funds/aura-group) — Series B
- Alberts — Series B
- Touch Ventures (https://capitalatlas.ai/funds/touch-ventures) — Series B
- Lalotte Ventures (https://capitalatlas.ai/funds/lalotte-ventures) — Series B