vivenu Raises 1.45M Euro Seed Financing to Empower More Ticket Sellers with Limitless Ticketing

Welcome Relapine. vivenu has secured €1.45 million in Series Seed funding. The financing round, completed in March 2020, was led by Zurich-based venture capital firm Redalpine, with other angels participating. Redalpine was one of the early investors in fintech unicorn N26 and leading tax-reimbursement platform Taxfix.

Looking to put an end to inefficient processes, vivenu developed the tech-leading ticketing solution to empower organizers to work more independently and break existing limitations. GE32 Capital and Hansel LLC formed around the serial entrepreneurs Florian Hagenbuch and Mate Pencz (Printi and Loft) join the company as Business Angeles.

“The world of ticketing is more than just broken", reported Carlo Egle, Investment Manager at Redalpine. "Today, event organizers are stuck with solutions that heavily depend on manual processes, causing high costs, dependencies, and frustration on various levels. Now more than ever, event organizers across all verticals have no choice but to digitize internal processes and improve their margins. vivenu is the only scalable solution with the potential to cater to every kind of event organizer, from the local knitting course to top league football clubs. We are extremely proud to be part of the journey, partnering up with a team that is young but truly dedicated to their mission.“

The financing will enable vivenu to scale up all divisions, foster product development and serve the growing customer demand. In addition, vivenu will advance technology to deliver the most user friendly and personalized ticketing solution on the market.

About vivenu

vivenu is the future for ticketing power users. Created to support the hundreds of thousands of event organizers and venues around the globe that have to rely on ticketing solutions which haven’t kept up with their needs and expectations, vivenu is the limitless solution to enable effortless and self-empowered ticketing. The startup is currently headquartered in Düsseldorf. Apply to support vivenu’s challenge to become the global ticketing backbone at vivenu.com.

About Redalpine

Redalpine Venture Partners is a leading European early-stage venture capital investor with over $500m AuM and a sector-agnostic investment strategy. Redalpine’s diverse team supports its 60+ portfolio companies not only with a financial investment but also its in-house operational and subject matter expertise and extensive international network. Redalpine’s ambition is to help talented entrepreneurs turn their visions into reality and scale their businesses into international success stories.