Redeam enables attractions to accept paper vouchers and mobile tickets from any reseller using a low-cost, tablet-based validation platform. The company completed a $12M Series B financing. The Series B was led by Vertical Venture Partners and Thayer Ventures. Existing investors Peninsula Ventures and Cobre Capital participated, and new investor Boulder Ventures joined the round. The raise and company information were reported from Broomfield, CO. No operating metrics or future plans were disclosed in the article. Redeam provides tours and attractions businesses with an integrated mobile- and tablet-based solution that scans and validates vouchers from any reseller and instantly issues a scannable ticket. The product lets suppliers process third-party-distributed vouchers in real time and supports mobile ticketing workflows. Redeam charges suppliers a fee on each voucher processed as its revenue model. The company serves more than 200 customers, including CitySightseeing/Gray Line New York, Ripley’s Believe It or Not, National Geographic Encounter: Ocean Odyssey and the Metropolitan Museum of Art. Led by CEO and co-founder Kevin McLaughlin, Redeam plans to use the new funding to grow its team, expand product offerings, and increase sales and business-development efforts. The company is based in Boulder, Colorado.

Total raised

$20M

Funding rounds

2

Latest round

Series B

Latest activity

Mar 2021