Booked it secures £2.5m investment from Calculus Capital
Booked it, the provider of advanced booking and marketing services, has secured a £2.5m investment from Calculus Capital, to accelerate its growth.
The company, which was founded in 2020, plans to use the new funding to enhance its platform and grow its team, which is already 40-strong. Its clients include Lane7, The Cube, and Urban Playground.
A spokesman said: “The additional capital will enable the business to strengthen its position as a digital booking engine.”
Brad Nobbs, CEO of Booked it, said: “Our growth in recent years has been really strong and the potential ahead is even greater.
“The investment from Calculus Capital marks a pivotal milestone in our journey, enabling us to accelerate growth across multiple dimensions; from product development to expanding our global footprint. Staying lean and capital efficient has always been core to our approach. Now, with the backing of the right partner, we're positioned to fully capitalise on the opportunities ahead."
Co-head of Investments at Calculus Capital, Richard Moore, said: “Booked it is perfectly positioned in the social activity market, which has seen considerable growth. The team has already built a highly scalable product which is fundamental to its clients’ operations.”