GlobalTix, a ticketing software provider and marketplace distribution platform for the tourism industry, has successfully raised S$6.5 million in its Series B funding round. The round was led by venture capital firm Tin Men Capital, with additional participation from SEEDS Capital, ORZON Ventures—a Thailand-based VC fund managed by 500 Thailand—and a US-based family office.
This funding marks a significant milestone in GlobalTix’s journey and highlights investor confidence in the company’s growth trajectory and innovation.
Founded in 2013, GlobalTix has emerged as Southeast Asia’s largest ticket aggregator, offering more than 150,000 experiences and issuing over 12 million tickets annually. The platform serves over 12,000 travel agents, connecting them seamlessly with attractions across the globe.
With 10 offices strategically located in key markets such as China, India, Indonesia, Japan, Korea, Malaysia, the Philippines, Thailand, and Vietnam, the company has established a robust presence across Asia. GlobalTix is the preferred ticketing and channel manager for top-tier attractions in the Asia-Pacific region and beyond, partnering with iconic names like Jewel Changi Airport, Mount Faber Leisure Group, Taman Safari Indonesia, and Merlin Entertainments.
The latest funding will play a crucial role in fueling GlobalTix’s ambitious expansion plans. A core focus will be on leveraging AI-driven solutions to enhance the company’s technology offerings, ensuring that GlobalTix remains at the forefront of innovation in the ever-evolving travel tech industry.
This includes deploying AI and predictive analytics to identify emerging trends, optimize pricing strategies for partners in the tours and activities sector, and enhance customer interactions with global attractions.
Chan Chee Chong, CEO of GlobalTix, expressed his gratitude towards both long-term and new investors. He stated, “We extend our heartfelt appreciation to our long-standing investors, especially Tin Men Capital, who have been integral to our growth as we’ve tripled in size. We’re also pleased to welcome new investors, including ORZON Ventures.
“This investment will enable us to strengthen our foothold in APAC and expand our market access. We will also deploy AI and predictive analytics to identify trends and optimize pricing for our partners in the tours and activities space, and enhance traveler interactions with attractions.”
Tin Men Capital, a Singapore-based VC firm that focuses on B2B software startups in Southeast Asia, has been a key partner in GlobalTix’s success, first investing in the company in 2018.
Jeremy Tan, Co-Founder and Managing Partner of Tin Men Capital, praised GlobalTix’s exceptional performance over the years, noting that their capital efficiency and resilience have inspired ongoing investor confidence.
He said, “Since Tin Men Capital invested in 2018, GlobalTix has grown to become the largest tour aggregator in SEA while becoming cash flow positive. Their performance, capital efficiency, and resilience have inspired investor confidence to return in this round of funding to scale further.
“The Tin Men Capital team is excited with this opportunity to help the company build on its momentum to continue to lead innovation in the travel tech industry.”
With this fresh infusion of capital, GlobalTix is poised to continue its rapid growth and extend its leadership position in the tourism and travel technology sectors. As the company pushes forward with AI-driven initiatives, it aims to offer even more streamlined, efficient, and innovative solutions for its partners, helping to revolutionise the way tourists experience attractions worldwide.