Key Deal Facts
$54.5M in GMV (Tickets Sold) in the first 34 months (updated 10/31/24)
980,586 users including 27,768 event creators (updated 10/31/24)
2.6 X Fee Revenue Growth YOY (2022 = $265,797.58 ➡ 2023 = $693,244.12 ➡ 2024 estimated = $1M+)
Decreasing losses YOY (2022 = -$656,566 ➡ 2023 = -$175,330 ➡ 2024 estimated profit = $50k+)
Gross Margins = 82.18%
High LTV: $139 + Low CPA: $29
$126B Global opportunity: PromoTix is already in 46 countries and transacting in 11 currencies
US Patented Technology Software Features
Management Team / Advisory Board Bios
Notable Angel
Raised $25k or more from a notable angel investor, Fast Growth
Revenue growing 2X/yr for at least prior 6 months, Profitable
Profitable for prior 3 months and expect same in future, William Royall CEOWill has scaled multiple startups to over $10M in sales in the first 2 years of their inception, and scaled companies to over $60M in sales. He has had 3 previous successful startup company exits., Sebastian Schulze COOSebastian has successfully onboarded more than 22,895 event creators onto PromoTix in the first 24 months. He manages our client success team combating user churn, and relays and organizes product feature requests into the development pipeline., Sean CullinanCTOSean has created multiple software companies as a founder and as chief technical officer of US Viking, developed the Associated Press's ENPS which is the largest TV Newsroom software system in the world., David JohnsonBoard of Advisors - PromoTix Lead InvestorFounder of multiple financial services companies and successful investor. David specializes in sophisticated risk management modeling, financial analytics, and marketing., Allen NanceBoard of Advisors - Chief Investment OfficerAllen Nance is Founder and Chief Investment Officer of Southern Equity, a private family office direct investment platform., David ThompsonBoard of Advisors - Technology AdvisorDavid is a software entrepreneur who has developed 3 successful technology oriented companies over the past 22 years all with successful exits., Eric SonierBoard of Advisors - Economic Development ProgramsEric is the RT Park Director for Accelerate VI, a tech incubator in the USVI. Eric helps PromoTix maintain its 90% federal tax break as part of the USVI Economic Development Program. Eric is a Y-Combinator graduate and founder of multiple startups., Ratan SrivastavaBoard of Advisors - Product EngineeringRatan has over 17 years of experience in the IT industry and is Founder and Chairman of KSolves India, which employs more than 450 software engineers, and is now publicly traded on NSE India.