Coras, a platform for travel and e-commerce companies to buy tickets to events and activities, has raised €1.3 million toward efforts to scale its tickets API product.
The funding was led by DataOp and will also help Dublin-based Coras roll out Fida, a web loyalty platform that facilitates tokenized commerce so customers can spend their loyalty points across multiple brand partners.
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"We're delighted to partner with DataOp whose experience in building and scaling a successful fintech business will prove invaluable as we look to scale Coras and roll out Fida," said Coras CEO Mark McLaughlin.
Speaking on behalf of DataOp, Glen Magee praised the company’s fortitude through the aftermath of COVID-19. “This galvanized their determination, and their phenomenal and growing client base is well deserved given the quality of platform, team and product we found on due diligence,” he said.
U2 guitarist the Edge was an early investor in Coras.