GlobalTix closes $5M Collection B funding led by Tin Males Capital

GlobalTix, a
ticketing software program supplier and market distribution platform for the
tourism business, has closed Collection B funding spherical of about $5 million (S$6.5
million) led by Tin Males Capital with participation from Seeds Capital, Orzon
Ventures and others.

Based in 2013, GlobalTix supplies options for
points of interest, excursions, and actions. The corporate stated it’s the largest ticket
aggregator in Southeast Asia with greater than 150,000 experiences and connections
with 12,000 journey brokers. The Singapore-based firm stated it points greater than
12 million tickets yearly in markets together with China, India, Indonesia,
Korea, Thailan, Vietnam and extra.

The corporate stated the funding shall be used to gasoline its
enlargement plans and to implement synthetic intelligence options.

“We prolong our heartfelt appreciation to our long-standing
buyers, particularly Tin Males Capital, who’ve been integral to our progress as
we’ve tripled in measurement,” stated Chan Chee Chong, CEO of GlobalTix.

“We’re additionally happy to welcome new buyers, together with Orzon
Ventures. This funding will allow us to strengthen our foothold in APAC and
develop our market entry. We may even deploy AI and predictive analytics to
establish traits and optimize pricing for our companions within the excursions and
actions house, and improve traveler interactions with points of interest.”

GlobalTix is as a most popular ticketing and channel supervisor
associate for points of interest in APAC and globally, together with Jewel Changi Airport,
Mount Faber Leisure Group, Taman Safari Indonesia, Merlin Entertainments and
extra.

“Since Tin Males Capital invested in 2018, GlobalTix has grown
to grow to be the biggest tour aggregator in Southeast Asia whereas turning into money
move constructive,” stated Jeremy Tan, co-founder and managing associate of Tin Males
Capital.

“Their efficiency, capital effectivity and resilience has
impressed investor confidence to return on this spherical of funding to scale
additional. The Tin Males Capital workforce is happy with this chance to assist the
firm construct on its momentum to proceed to steer innovation within the journey tech
business.”