- With a mission to make culture more accessible, Tiqets is one of the world’s largest platforms enabling travellers to discover and buy tickets to museums and attractions around the world
- Headquartered in Amsterdam, the company allows instant-book ticketing on mobile devices to facilitate hassle-free entrance to the world’s biggest cultural venues
- Since its founding in 2014, Tiqets has connected millions of people to thousands of cultural venues in 60+ countries around the world, selling c.11 million tickets to date
- Founded in 2008, San Francisco-based Airbnb is a global community marketplace allowing people to list, discover and book unique accommodations around the world
- Whether an apartment for a night, a castle for a week, or a villa for a month, Airbnb connects people to unique travel experiences in more than 33,000 cities and 190 countries
- With world-class customer service and a growing global community of users, Airbnb is the easiest way for people to monetise their home and showcase it to an audience of millions
- Tiqets sought a partner that could help fund initiatives to accelerate the business’ growth, build richer cultural experiences for customers and create better tools for its venue partners
- With an average of more than 2 million people globally staying in Airbnb properties every night, Airbnb can bring enormous consumer demand to the Tiqets platform
- Airbnb first entered the tours & activities segment with the launch of “Airbnb Experiences” in late 2016. Airbnb was attracted by the strength of Tiqets’ relationships with some of the world largest and most-visited cultural venues, which would serve to enhance the quality of Airbnb’s experiences offering for travellers
- Arma Partners served as exclusive financial advisor to Tiqets in securing a $60 million growth financing round led by Airbnb. Tiqets’ existing backers, notably HPE Growth and Investion, also participated in the funding round
- Arma supported the Tiqets management team in thinking through the company’s strategic positioning, building a detailed, KPI-driven financial model, preparing management presentations and coordinating due diligence with Airbnb
- The transaction underscores Arma’s deep expertise in online travel and digital marketplaces, and strengthens its track record working with the world’s most innovative digital leaders and disruptors