Ticket aggregation start-up TickX receives backing from Ministry of Sound
Site allows users to compare and book tickets for music, sporting and comedy events around the country
Ticket aggregation firm TickX has attracted early stage investment from global multimedia entertainment company Ministry of Sound.
Launched in 2014 by Steve Pearce and Sam Coley, TickX is an online ticket search engine allowing users to compare and book tickets for events around the UK.
The site currently compares prices from 15 different outlets for more than 36,000 events ranging from club nights to comedy, theatre and sport.
The funding will enable TickX to enhance its offering to reach a wider audience and expand into European markets in the coming year.
Coley said: “We’re delighted to get our idea off the ground and securing the backing of a music industry mainstay is a dream come true. After spending three years at university in Manchester, I became fed up with the hassle of trying to find out what was on each night and then the time-consuming task of hunting down the best-priced ticket.
“Adamant there should be a better way, I approached Sam and together we developed the idea for TickX – a simple platform to find events and compare prices.”
Lohan Presencer, Ministry of Sound CEO, said: “We were incredibly impressed with the technology and customer experience Steve and Sam have developed and the early adoption rates they’ve achieved.
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“TickX is an exciting young brand and business, which embodies our approach to challenging the norm and going up against big rivals. We are delighted to offer not only financial backing, but also access to our international marketing network and expertise.”