7 years ago
PopTopUK Secures £615K to Expand its Online Events Marketplace
PopTopUK, a Newcastle-based online events marketplace, has raised £615,000 in equity funding led by Dow Schofield Watts Angels and Northstar Ventures
The funding will be used to expand sales and marketing efforts for the launch of their real-time booking system
PopTopUK provides a platform connecting event planners with suppliers, focusing on weddings, celebrations, and corporate events
The company, founded in Kiev in 2014, has relocated to Newcastle and now employs nearly 20 staff in both cities
It has generated over £8 million in gross market value for its 8,000 suppliers.
ProblemTechnology
"Finding and booking suppliers for events, especially weddings, celebrations, and corporate events, can be time-consuming and difficult. Existing online marketplaces often lack real-time availability and transparency, making it hard for event planners to find the perfect match."
Solution
"PopTopUK provides a real-time transactional booking platform that connects event planners with suppliers like caterers, entertainers, and photographers. The platform offers a transparent and efficient way to find and book services, with real-time availability and pricing information."