Glownet continues drive to digitise the live events industry
Bosham Capital Advisors (BCA), independent Investment, Advisory and Capital Markets specialists, has been appointed by market leader Glownet to develop its strategic positioning globally and to work with the company on an investment strategy for a £2m Series A capital raise in September.
Glownet specialises in the provision of contactless and customer insight services to the live event industry. Glownet’s product suite empowers organisers to run their events both more efficiently and profitably. Its proprietary contactless platform eliminates queues, theft, increases spend per head and creates happier and more loyal fans. Utilising closed loop NFC technology, the platform is regarded as the most reliable point-of-sale solution developed for the challenges of a live event environment. The global market for live music alone, where Glownet is currently focused, is expected to top $29bn by 2021 (Source IQ). Since its launch in 2012, Glownet has managed over 400 contactless events in over 30 countries.