{"id":1625,"date":"2022-05-31T03:35:43","date_gmt":"2022-05-31T10:35:43","guid":{"rendered":"https:\/\/blog.goticketly.com\/index.php\/2022\/05\/31\/smeetz-raises-4m-in-series-a-funding\/"},"modified":"2022-05-31T03:35:43","modified_gmt":"2022-05-31T10:35:43","slug":"smeetz-raises-4m-in-series-a-funding","status":"publish","type":"post","link":"https:\/\/blog.goticketly.com\/index.php\/2022\/05\/31\/smeetz-raises-4m-in-series-a-funding\/","title":{"rendered":"Smeetz raises $4m in Series A funding\u00a0"},"content":{"rendered":"

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Switzerland-headquartered Smeetz has today (Tuesday) announced it has raised CHF$4.1m (\u00a33m\/$4m\/\u20ac4m) in Series A funding to grow and establish Dynamic Pricing in the attractions industry.<\/p>\n

Smeetz, a data-driven ticketing and dynamic pricing software supplier for attractions and cultural venues, will use the funds to develop its human resources and research and development departments.<\/p>\n

The round was co-led by capital venture firm Privil\u00e8ge Ventures and financial services association NewOak. It was supported by DAA Capital Partners and Akiden Ventures. The round will be followed by a second closing in the coming months, to which the Z\u00fcrcher Kantonalbank (Zurich Cantonal Bank) has already committed.<\/p>\n

Morgan Siffert, chief technology officer and co-founder of Smeetz, said: \u201cWe know the future of the attraction industry lies in data and artificial intelligence (AI). AI-powered sales optimisation has been our focus since day one and we will keep pushing in that direction by extending our engineering team with the brightest and most agile profiles.\u201d<\/p>\n

Smeetz plans to expand to the US, after launching operations in France<\/a> earlier this year.<\/p>\n

Alexandre Martin, chief executive and co-founder of Smeetz, said: \u201cOur next stop is the US. The US leisure and entertainment industry is already thriving in 2022 with +14% in market growth compared to the 2019 pre-pandemic peak. In a market that is more advanced and prone to dynamic pricing, we are extremely confident of the product-market fit of our AI-powered unified commerce SaaS (software-as-a-service).\u201d<\/p>\n

On the latest funding round, Jacqueline Ruedin R\u00fcsch, founding general partner of Privil\u00e8ge Ventures, said: \u201cCo-leading the round with our friends at NewOak was a smooth and efficient process. I\u2019m really excited to start this new venture together with Alexandre and his team and we are flattered by the opportunity to be part of Smeetz.\u201d<\/p>\n

Gregory Armstrong, chief executive of NewOak, added: \u201cWe have followed Smeetz since its first days and were impressed by the milestones achieved by the company. We are honoured to have been chosen as a co-lead alongside Privil\u00e8ge Ventures with whom we share common values about early-stage investing.<\/p>\n

\u201cBeing part of this Series A shows our continuous dedication to help the Swiss start-ups to expand. We wish Alexandre and the Smeetz family a lot more success in a field that they are disrupting with class.\u201d<\/p>\n<\/div>\n

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[ad_1] Switzerland-headquartered Smeetz has today (Tuesday) announced it has raised CHF$4.1m (\u00a33m\/$4m\/\u20ac4m) in Series A funding to grow and establish Dynamic Pricing in the attractions industry. Smeetz, a data-driven ticketing and dynamic pricing software supplier for attractions and cultural venues, will use the funds to develop its human resources and research and development departments. The … <\/p>\n","protected":false},"author":1,"featured_media":1626,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[171,2046,260,2,145,2047,1397,3],"tags":[],"class_list":["post-1625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-attractions","category-cultural-venues","category-dynamic-pricing","category-featured-news","category-funding","category-series-a","category-smeetz","category-ticker-featured"],"_links":{"self":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/posts\/1625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/comments?post=1625"}],"version-history":[{"count":0,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/posts\/1625\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/media\/1626"}],"wp:attachment":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/media?parent=1625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/categories?post=1625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/tags?post=1625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}