14 Jul 2015

STICKET.IN wins Startup Braga and secures seed investment from Caixa Capital

Social ticketing marketplace to attack the U.S Market

Closing the Startup Braga Acceleration Program, which brought together start-ups, early stage investors and angels, Caixa Capital announced STICKET.IN as the most promising startup of the 2015 Edition. 

STICKET.IN is a social event ticket search engine that allows users to buy, sell, swap and compare the best ticket prices for the event they are looking for on a simple, intuitive and social platform. At STICKET.IN, users can find a wide variety of tickets for various types of events such as national and international concerts, festivals, football games, private events and everything related to the world of entertainment. The multiplicity of channels and outlets available with scattered and diffuse information of other competitors allows STICKET.IN to ensure competitive advantage by presenting a format in which bets on the aggregation and comparison of the best business opportunities in the industry. 

With a considerable growth over the last months, STICKET.IN has also established significant partnerships in the online world such as Viagogo, Ticketbis, Worldticketshop among others. Furthermore, STICKET.IN’ team does constant deep analysis of all users and their friends to get accurate recommendations. 

As winner of the Startup Braga Acceleration Program 2015 Edition, STICKET.IN is assured €100.000 in investment from Caixa Capital, and will be eligible to compete for an additional €100.000 in financial support at the Caixa Empreender Award event to be held in January 2016, in addition to other potential and substantial funding rounds. 

Stephan Morais, Executive Director of Caixa Capital, stated that “In just a few years, Portugal has produced a number of world-class startups and Startup Braga has significantly contributed with a considerable number of startups with great potential for growth. Congratulations to STICKET.IN, who will become part of Caixa Capital’s growing family of fundraising early stage portfolio of companies”. 

Afonso Barbosa, CEO of STICKET.IN, stated that “We are proud to have been selected as the winner of 2015 Edition of the Startup Braga Acceleration Program and look forward to working with Caixa Capital to attack the U.S Market and in accessing its network of top tier international investors”. 

Caixa Capital –  

Caixa Capital is the Private Equity and Venture Capital fund management company of Portugal´s largest banking group Caixa Geral de Depósitos, present in over 20 countries and with assets above 120 billion Euros. With a total of close to 750 million Euros under management, the largest and most relevant in the country, Caixa Capital invests in growth equity and venture capital opportunities and funds. The Venture Capital team partners with incubators, accelerators and business angels for seed and startup investments and with major international venture funds for opportunities above 1 million Euros. The team aims to support global expansion of Portugal related teams and companies and has dedicated team members to ICT, digital, health tech, engineering and clean tech investments. 

Startup-Braga - 

Startup Braga is an innovation hub designed to assist the inception and development of high potential entrepreneurial projects for international markets. In partnership with Microsoft Ventures we provide business acceleration programs for startups with global ambitions. With 2000 years of history, Braga is the third-largest city in Portugal, after Lisbon and OPorto, and has high standards of quality of life based on location and infrastructures. Braga is a technological hotbed, where many international well succeeded startups have emerged and home of a renowned University (University of Minho) and of the International Iberian Nanotechnology Laboratory (INL) - a leading international research center.