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Glownet

Glownet

Glownet specialises in the provision of contactless and customer insight services to the live event industry. Glownet's product suite empowers organisers to run their events both more efficiently and profitably. Its proprietary contactless platform eliminates queues, theft, increases spend per head and creates happier and more loyal fans. Utilising closed loop NFC technology, the platform is regarded as the most reliable point-of-sale solution developed for the challenges of a live event environment. The global market for live music alone, where Glownet is currently focused, is expected to top $29bn by 2021 (Source IQ). Since its launch in 2012, Glownet has managed over 400 contactless events in over 30 countries. In its last financial year, Glownet serviced well over one million cashless consumers on its platform. The most common credential item is a chip-enabled wristband that consumers wear at events. Patrons can use this seamlessly to enter, allow access to certain areas and buy goods and services inside the event without the need to carry cash. Development is already underway to deploy a hybrid offering which presents attendees with the choice between paying with their wristband or their everyday contactless card or smartphone app. Glownet is planning to raise £2m to expand its sales and partner programme, further develop its platform and enter new verticals. Recent appointments include the hiring of Siebe Gerbranda as COO from Google and and Pedro Bandeira as Sales Director.

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About Glownet

Founded

2012

Estimated Revenue

$1M-$10M

Employees

11-50

Funding / Mkt. Cap

$7M

Category

Industry

Events Services

Location

City

London

State

Greater London

Country

United Kingdom

Tech Stack (78)

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