Maven has invested £1.85 million in TixServe, a digital ticket delivery platform, to enhance its operational capabilities and expand into new markets.
Information on the Target
Maven has made a strategic investment of £1.85 million in TixServe, a pioneering digital ticket delivery service, through the British Business Bank's South West Investment Fund (SWIF). TixServe operates a modular digital ticket distribution and management platform designed to enhance ticket delivery, event management, and fan engagement. Its white-label application allows clients to customize and brand their ticketing solutions, facilitating digital ticket distribution, attendee experience management, and the analysis of event data by integrating with various sales platforms and applications.
TixServe stands out from generic digital wallet technologies by catering to a prestigious roster of clients, including high-profile sports organizations like England Rugby, Welsh Rugby, Scottish Rugby, Celtic FC, FA Wales, Glamorgan Cricket, Hong Kong China Rugby, and Rugby Australia. These entities have adopted TixServe's digital ticketing solutions to streamline their operations and improve fan engagement.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in the Target’s Specific Country
The UK sports industry witnessed an attendance of 78 million at events in 2024. The increasing use of mobile devices has significantly driven the growth of event ticketing via online platforms. With the imminent mandate for all Premier League clubs to adopt digital ticketing
Similar Deals
Rival Holdings → Automated Architecture (AUAR)
2024
Refined Capital Partners → Disturbia
2024
Maven
invested in
TixServe
in 2024
in a Other VC deal
Disclosed details
Transaction Size: $2M