The Steinbach, Man.-based ticketing-platform startup announced Tuesday that it closed the funding round with New York-based investment firm Level Equity. Charles Chen, partner with Level Equity, will join RocketRez’s board. The deal was all equity, the company told The Logic in an email. (The Logic)
Skip to content
The Steinbach, Man.-based ticketing-platform startup announced Tuesday that it closed the funding round with New York-based investment firm Level Equity. Charles Chen, partner with Level Equity, will join RocketRez’s board. The deal was all equity, the company told The Logic in an email. (The Logic)
Talking point: The startup previously raised an $8.4-million Series A from Blueprint Equity and TIMIA Capital. In total, RocketRez told The Logic it has raised about $29 million since it was founded in 2011. Its latest round included a “small amount of secondary financing as the CEO and some employees sold shares,” though the company would not specify the exact amount. RocketRez plans to use the funding for engineering and product development, expand its sales presence in Europe and hire staff over the next year. This comes amid an expected tourism boom as pandemic-related travel restrictions have been lifted.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
The Big Read
Inside Bell’s all-Canadian plan to power the country’s AI future
Briefing
OpenAI says its AI models hacked into Hugging Face on their own
Northern Ontario news company Village Media expands in U.S. with US$5M deal
Trump’s trade chief says new CUSMA deal not likely any time soon
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
