Tixel co-founder raises $8 million to expand ticket resale platform after concert fraud experience

Zac Leigh, who was locked out of a Tame Impala concert due to ticket fraud, co-founded Tixel, a ticket resale platform. The company has raised $8 million to expand into the US and UK markets, aiming to create a trusted marketplace for live events. Tixel verifies ticket legitimacy and caps resale prices to combat scalping. The platform has nearly 2.5 million users and has doubled its growth year-on-year. Leigh plans to emulate the success of companies like Canva and Atlassian. Despite recent festival cancellations in Australia, Tixel reports that live music remains a priority for many. A significant portion of event-goers continues to attend as many or more events than last year.