What is GeoTix?
Founded in 2015, GeoTix specializes in empowering media companies to create non-advertising revenue by facilitating local event discovery and ticket purchases. By removing national ticket sellers from the sales process, GeoTix enables media outlets to deepen audience connections, demonstrate community commitment, and monetize existing content. This strategic approach not only boosts income for media partners but also enhances brand building, increases website traffic, and fosters stronger community relationships. The company's SaaS model offers a scalable solution for media organizations seeking to diversify their revenue streams in a competitive digital landscape.
How much funding has GeoTix raised?
GeoTix has raised a total of $1M across 1 funding round:
Private Equity
$1M
Private Equity (2017): $1M with participation from Boomerang Catapult
Key Investors in GeoTix
Boomerang Catapult
Boomerang Catapult is an investment firm focused on supporting and growing technology-based companies, particularly in the Northern Michigan area. Their philosophy emphasizes creating economic value through intellectual efforts and exporting local innovations globally.
What's next for GeoTix?
With the recent major strategic investment and substantial total funding, GeoTix is poised for accelerated growth. The company is likely to focus on expanding its market reach, enhancing its SaaS platform with new features, and forging deeper partnerships with media companies. Future developments may include further integration of ticketing functionalities, advanced analytics for media partners, and potentially exploring adjacent markets that can benefit from localized event promotion and sales. The company's trajectory suggests a strong emphasis on scaling its operations and solidifying its position as a key revenue-generating partner for the media industry.
See full GeoTix company page
