Finance

SA’s Howler raises new expansion fund

Thursday, 13 February 2020 12:14
SA’s Howler raises new expansion fund

(Ecofin Agency) - South Africa’s event ticket booking platform Howler has secured a round of funding from US firm Techstars, the investment firm Platform Growth, and the software development company Platform45.

Howler will use the resources to grow its foothold in sub-Saharan Africa and expand in Europe and Asia-Pacific. The company, founded in 2014 by Shai Evian and Steve Cuzen, says it has handled R1.5 billion worth of transactions to date and has also strengthened its workforce from 25 employees in 2017 to 70 in 2020.

Our support gives Howler access to this global network to help amplify global reach for expansion, ability to attract capital and find exceptional talent,” said Yossi Hasson, Techstars MD.

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