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Singapore’s GlobalTix secures US$6.5 million in Series B round

Syifa by Syifa
October 15, 2024
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GlobalTix

Chan Chee Kong, COO (left) and Chan Chee Chong, CEO of GlobalTix

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Heaptalk, Jakarta — Singapore’s ticketing software provider and marketplace distribution platform industry, GlobalTix, closed new funds at US$6.5 million in a Series B round led by Tin Men Capital. Other investors, including SEEDS Capital and ORZON Ventures, participated in this round.

The new funding will fuel the platform’s strategic plan to explore AI-driven solutions, further enhancing the company’s technology and maintaining its position as an industry leader in the dynamic landscape of travel technology innovation.

“We are also pleased to welcome new investors, including ORZON Ventures. This investment will strengthen our foothold in APAC and expand our market access. We will also deploy AI and predictive analytics to identify trends, optimize pricing for our partners in the tours and activities space, and enhance traveler interactions with attractions,” CEO of GlobalTix, Chan Chee, said. 

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Since its inception in 2013, GlobalTix has hosted over 150,000 experiences, 12,000 travel agents, and over 12 million tickets annually. It has over ten offices across Asia, including China, India, Indonesia, Japan, Korea, Malaysia, the Philippines, Thailand, and Vietnam.

The company has established itself as a preferred ticketing and channel manager partner for world-class attractions in APAC and globally, including Jewel Changi Airport, Mount Faber Leisure Group, Taman Safari Indonesia, and Merlin Entertainments. GlobalTix’s innovative ticketing and distribution solutions have played a crucial role in streamlining operations for these attractions and enhancing visitor experiences.

“Since Tin Men Capital invested in 2018, GlobalTix has grown to become the most extensive tour aggregator in SEA while becoming cash flow positive. Their performance, capital efficiency, and resilience have inspired investor confidence to return in this round of funding to scale further. We are excited about this opportunity to bolster the company and build on its momentum to continue to lead innovation in the travel tech industry,” Co-Founder and Managing Partner of Tin Men Capital, Jeremy Tan, said.

Tags: GlobalTixTin Men Capital

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