Beyonk secures $5.8M in funding off the back of growth

Beyonk secures $5.8M in funding off the back of growth

Funding will be used for innovating product and expansion plans for offices in other countries

Beyonk, a ticketing platform that helps the tourism and leisure industry sell tickets online, has secured $5.8 Million in additional funding to continue to support international demand.

The funding will be used to fulfil the demand from the highest organic growth international markets, whilst continuing to innovate the product to maximise revenue for experience businesses using their software.

This latest round of investment is said to be a “testament to the exceptional people” the company has and their vision of the future of the market as well as the "solid metrics".

Oscar White, CEO of Beyonk said, “We will continue focusing on organic international growth but we do have the option of using debt facilities for acquisitions too.”

Incorporated in 2019, Beyonk powers bookings for millions of consumers globally for activities, attractions, festivals and tours.

The company plans to set up offices in the US, Australia and countries within the EU to continue to support customers in local regions.

They will also continue to invest in building tools to empower business and better serve their customers across the full end-to-end customer lifecycle from attraction, conversion, in-person management and retention. 

Mark Pearson, Managing Partner of Fuel Ventures, said: “Beyonk is a top performing company, with solid metrics and a huge future ahead of them. 

“We’re very excited to be part of the journey as we look to build next-gen tools for the Experiences Sector.”