What is Red61?
Founded in 2002 and headquartered in Edinburgh, Scotland, Red61 offers robust and scalable ticketing, CRM, and audience insight solutions. The company operates within the event management and customer relationship management sectors, providing essential tools for organizations to manage their audience engagement and sales processes effectively. Its ticketing-as-a-service model positions it as a key player in streamlining event operations for a diverse client base.
How much funding has Red61 raised?
Red61 has raised a total of $2M across 1 funding round:
Angel/Seed
$2M
Angel/Seed (2021): $2M with participation from Par Equity and Scottish National Investment Bank
Key Investors in Red61
Par Equity
Par Equity USA LLC is an investment firm operating in the Investment Banking industry, likely focusing on early-stage or growth-stage companies within its investment portfolio.
Scottish National Investment Bank
The Scottish National Investment Bank is a development investment bank dedicated to providing long-term capital for Scottish businesses and projects, with a mission to foster a fairer and more sustainable economy through strategic investments in innovation and technology.
What's next for Red61?
With a substantial enterprise-level funding context, Red61 is poised for significant scaling and expansion. The recent strategic investment suggests a focus on enhancing its technological infrastructure, broadening its market reach, and potentially developing new service offerings. This capital infusion will likely enable Red61 to further solidify its position in the ticketing and CRM market, driving innovation and competitive advantage.
See full Red61 company page