Picatic
Picatic is a technology company.
Financial History
Picatic has raised $730K across 1 funding round.
Frequently Asked Questions
How much funding has Picatic raised?
Picatic has raised $730K in total across 1 funding round.
Picatic is a technology company.
Picatic has raised $730K across 1 funding round.
Picatic has raised $730K in total across 1 funding round.
Picatic is an event ticketing and registration platform that empowers organizers to set their own service fees, distinguishing it from traditional models where platforms dictate costs.[1][2][3] It serves event organizers, non-profits, enterprises, and developers by enabling easy design, setup, and management of registrations for events like conferences, music festivals, and more, streamlining operations and solving pain points around flexibility and control in ticketing.[2][3][4]
The platform's growth momentum includes acquisition by Eventbrite, rebranding it as "Picatic by Eventbrite," which integrates its unique fee model into a larger ecosystem while maintaining focus on user-determined pricing and seamless event management.[4]
Picatic was founded in Vancouver, Canada, with Jayesh Parmar as a key figure, serving as CEO and recognized as one of the world's top 10 tech entrepreneurs from the University of Saskatchewan.[3] The idea emerged to disrupt rigid ticketing fees in the event industry, positioning Picatic as the "world's only" platform allowing organizers to determine their own service costs, which drove early traction through its novel approach in software development for entertainment, sharing economy, and event planning.[1][3]
Pivotal moments include building a user base around easy event page creation and expanding to support diverse users like non-profits and developers, culminating in its integration with Eventbrite to enhance scalability.[2][4]
Picatic rides the wave of the sharing economy and event tech boom, where digital platforms democratize access to event management amid rising demand for hybrid and virtual events post-pandemic.[3] Timing aligns with market forces favoring low-friction, customizable tools that cut out middleman fees, influencing the ecosystem by pushing competitors toward organizer-centric models and enhancing Eventbrite's dominance in a fragmented $10B+ global ticketing market.[1][4]
It contributes to startup innovation in Vancouver's tech scene, fostering tools that scale from indie events to enterprise needs and promoting developer-friendly APIs for custom integrations.[2]
Picatic's trajectory points toward deeper Eventbrite synergy, expanding AI-driven personalization for event discovery and hybrid formats amid growing live experience demand. Trends like Web3 ticketing and sustainability-focused events will shape it, potentially evolving its influence through global enterprise adoption and fee innovation. This positions Picatic as a enduring disruptor, tying back to its founding hook: true empowerment starts with who controls the cost.
Picatic has raised $730K in total across 1 funding round.
Picatic's investors include Accelerator Ventures, Bam Ventures, BoxGroup, High Line Venture Partners, Khosla Ventures, Stage 2 Capital, Upfront Ventures, Vesuvio Ventures, Adam Jackson, Greg Badros, Jason Putorti, Jennifer Lum.
Picatic has raised $730K across 1 funding round. Most recently, it raised $730K Seed in June 2013.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2013 | $730K Seed | Accelerator Ventures, Bam Ventures, BoxGroup, High Line Venture Partners, Khosla Ventures, Stage 2 Capital, Upfront Ventures, Vesuvio Ventures, Adam Jackson, Greg Badros, Jason Putorti, Jennifer Lum, Richard Chen |