
Investion
Amsterdam, Noord-Holland, The Netherlands
Overview
Investion is a growth capital firm focused on early stage companies based in the internet industry. Nowadays, access to basic technology is widely available to virtually anyone. Hence specialised industry knowledge, outstanding professional skills, and resources have become differentiating key factors for shaping a successful business. Investion partners with entrepreneurs who have these skills and as leaders strive to create impact and growth. We nurture these businesses with applied design thinking, the evaluation of real as well as empirical data, and the supply of sensible funding solutions for measurable progress. In short, we turn companies into Modern Day Businesses.
- Total investments
- 3
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Consumer
Investment portfolio
- Ace & Tate
Participated · Equity · Jul 2020
Ace & Tate is an Amsterdam-based direct-to-consumer eyewear brand that sells frames through physical stores and online channels. The company offers omnichannel services including virtual styling, online optician appointments, an online eye test (available in the Netherlands and Germany), and a Virtual Try-On slated to add facial analysis. It has grown 60% year-on-year for the past two years and recorded its first operationally profitable months in 2019; the brand expects to more than double revenue over the next two years. Ace & Tate plans to use the €14.25M funding to expand retail into new European markets, invest in technologies to advance its omnichannel model, and pursue environmental responsibility initiatives. The company is committed to opening 16 stores in 2020 to reach a total of 70 stores across 10 countries. Existing investors include Rinkelberg Capital LTD (lead), Global Founders Capital, Investion and various angel investors; the round brings total funding to €57.5M.
- Tiqets
Participated · Series C · Oct 2019
Tiqets operates a platform for booking tickets to museums and other attractions, selling millions of tickets across more than 60 countries. The company works with about 3,000 museum groups and attractions, including the Louvre, and partners with roughly 2,500 travel agencies and portals such as Ctrip. Approximately 35% of its revenues come from third-party deals via API integrations. Founded in 2014 and available in 14 languages, Tiqets focuses on digital ticketing for museums and attractions rather than performance or seated-event ticketing. The company plans to expand coverage into smaller towns, add more localization, and build improved self-service onboarding tools for venues to grow its platform. Tiqets operates a real-time ticketing platform that lets visitors discover, book and use tickets for museums and attractions. The platform supports bookings at over two thousand venues across 140 cities and is available in nine languages. In August 2018 close to 500,000 people booked with Tiqets, an indicator of recent demand. The company employs more than 100 people across offices in Amsterdam, Barcelona, Paris, Rome, Vienna and New York. Led by CEO Luuc Elzinga, Tiqets plans to use recent funding to further develop its technology and accelerate growth. The articles note the raise is intended to support continued product and geographic expansion. Tiqets operates a smartphone app that sells tickets for attractions, events and museums, with a focus on last-minute purchases. The Amsterdam-based startup is active in six European cities and New York. It plans to use new funding to scale globally, launch in more cities and expand its partner network. Tiqets raised $17 million in a Series B round led by HPE Growth Capital and previously raised $4 million in a Series A last year. The company won the Tech5 competition recognizing Europe’s fastest growing startups. Tiqets competes in a busy ticketing and event-app space alongside players such as Eventbrite and Ticketbud. Tiqets is an Amsterdam-based platform that provides mobile ticketing technology enabling travelers to explore, book and enjoy top attractions, museums and entertainment venues. Founded in December 2013 by Luuc Elzinga, the company operates across European hotspots including Barcelona, Paris, Rome, London and Amsterdam. It is launching in New York and Prague and plans to add cities such as Dubai, Berlin and Copenhagen. Tiqets announced plans to expand globally, targeting the addition of 14 new cities in time for the summer season. Financially, the company secured $4M in Series A funding in a round led by Capital Mills. The funding is intended to support its rapid city expansion ahead of the summer travel season. Tiqets.com, founded in 2013 and based in Amsterdam, operates a platform that enables travel companies and consumers to purchase direct-bookable tickets for tours, theaters, attractions, sporting events, concerts and museums. Distribution partners such as airlines, hotel chains and OTAs integrate its inventory via API, emails, co-branded sites and widgets, and the company also sells directly through its B2C website launched in September 2014. The startup reported rapid growth, having closed partnerships with more than 100 ticket partners and over 40 national and international distribution partners. At the time of the article the organisation consisted of 20 employees, including a team of 10 product and software developers. Tiqets plans to invest in product development and mobile technology to accelerate global expansion and improve the customer booking and venue-entry experience. It aims to strengthen its position as a worldwide market leader in travel entertainment with an emphasis on direct-bookable and mobile-based redeemable tickets in 2015.