UK-based Beyonk, a platform for booking activities, attractions, festivals, and tours, has announced securing an additional $5.8 million in funding to fuel its continued international expansion. The investors include London-based VC, Fuel Ventures. The funds will be used to meet the growing demand from its highest organic growth markets and drive innovation in its software to maximise revenue for Experience Businesses.
Fueling international expansion and product innovation
Beyonk’s remarkable growth has propelled its success, leading to the recent funding round to support its expansion into international markets. With the investment, Beyonk plans to establish offices in the United States, Australia, and various European Union countries. This move will enable the company to provide enhanced local support to its customers and further solidify its position as a global leader in the industry.
Moreover, Beyonk remains committed to product innovation, continually investing in the development of tools that empower Experience Businesses throughout the entire customer lifecycle. From attracting and converting customers to managing in-person experiences and fostering customer retention, Beyonk aims to offer comprehensive solutions that go beyond mere ticket sales.
Driving the future of the experiences sector
Founded in 2019, Beyonk has quickly established itself as a leading platform for booking various experiences globally. Catering to millions of consumers, the company offers a seamless and convenient way to discover and book activities, attractions, festivals, and tours. With a total funding of $9.7 million to date, Beyonk is dedicated to building category-leading solutions for Experience Businesses, going beyond ticket sales to provide tools that empower these businesses in attracting, converting, managing, and retaining customers throughout the entire customer lifecycle.
Oscar White, the CEO at Beyonk said, “This funding is a testament to the exceptional people we have at Beyonk and the combined vision we have for the future of the market. We will continue focusing on organic international growth but we do have the option of using debt facilities for acquisitions too.”
Fuel Ventures Managing Partner, Mark Pearson notes, “Beyonk is a top performing company, with solid metrics and a huge future ahead of them. We’re very excited to be part of the journey as we look to build next-gen tools for the Experiences Sector.”
As Beyonk continues to drive innovation, support international growth, and enhance the experiences of both businesses and customers, it solidifies its position as a key player in the dynamic and rapidly expanding Experiences Sector.
