Ticketswap B.V.

Ticketswap B. V. is a ticket resale platform based in Amsterdam, Netherlands, specializing in secure transactions for second-hand tickets to various events, thereby combating ticket scalping and enhancing accessibility for fans. Founded in 2012 in Amsterdam, Netherlands, Ticketswap B.

V. operates an online marketplace for buying and selling second-hand tickets. The company was established by Frank Roor, Hans Ober, and Ruud Kamphuis. As of June 2021, Ticketswap raised EUR 8.

2 million in funding led by Million Monkeys, marking a significant milestone in its financial growth with total funds raised reaching EUR 8. 2 million. Hans Ober currently serves as CEO. Ticketswap operates a robust online platform that facilitates the buying and selling of second-hand tickets for various events, including concerts, festivals, and sports.

The core product offering is a secure marketplace where users can list their tickets for resale and purchase tickets from other users. This service enhances accessibility for fans and ensures a fair pricing mechanism, allowing sellers to set their own prices within a regulated framework. The platform primarily serves individual consumers in Europe, with significant traction in markets like the Netherlands, Germany, and Belgium. Ticketswap generates revenue through transaction fees applied to each ticket sold on its platform.

When a user successfully sells a ticket, a percentage of the sale price is retained by Ticketswap as a commission, forming the primary revenue stream. The platform emphasizes a direct-to-consumer model, focusing on individual buyers and sellers, while also potentially offering promotional features for sellers to generate additional revenue. The pricing structure is designed to ensure clarity in costs associated with transactions while maintaining competitive rates. In June 2021, Ticketswap B.

V. raised EUR 8. 2 million in a funding round led by Million Monkeys. The company plans to utilize this funding to accelerate growth, develop new features for its users, and expand into new markets.

Specific geographic areas targeted for expansion have not been disclosed, but the funding is expected to support initiatives that enhance the user experience and broaden the platform's reach.