No more queues: Innovative Irish platform Skippio is all about enhancing the fan experience at large-scale venues and events.
Entertainment-focused start-up Skippio has raised €540,000 in seed funding in an investment round led by private investors and supported by Enterprise Ireland HPSU funding.
The young company plans to scale into the UK market.
“By significantly reducing the number of people dropping out of queues, Skippio is delivering a win-win for event goers and operators alike”
Founded in 2022 by Daniel Coen and based at NovaUCD in Dublin, the Skippio platform tackles a common issue at large-scale events: long food and beverage (F&B) queues.
Surveys show that almost 50% of fans attending an event will not join a F&B queue, while nearly 40% of those who do join a queue leave in frustration to avoid missing parts of the event they are attending.
Skippio the queues
Skippio improves the fan experience by allowing the user to order and pay for food and beverages from anywhere in a venue without ever having to join a queue, receiving real-time updates of how their orders are progressing, and once ready they use an express area or lane to collect their order.
By reducing queues and improving efficiency, venues are also seeing significant increases in their overall revenues, efficiency and reduction in waste.
“Our solution is currently reducing queue times by over 90% compared to the global industry average, ensuring fans spend more time enjoying the event they paid good money to attend with friends and family rather than standing around in queues,” said Daniel Coen, CEO and Founder, Skippio.
“By significantly reducing the number of people dropping out of queues, Skippio is delivering a win-win for event goers and operators alike.”
“We are delighted to have closed this seed funding round with a number of brilliant angels and Enterprise Ireland. The funding will be used to expand our business into major UK venues and events, grow our team and continue to develop our application with the customer at the forefront. We are in addition looking at more challenges around the fan experience outside of F&B that we can also help to address.”
Skippio has to date successfully completed the three phases of the Enterprise Ireland funded New Frontiers Programme delivered by IADT Media Cube in partnership with NovaUCD.
The company was also one of the first Irish start-ups to successfully obtain Enterprise Ireland PSSF (Pre-Seed Start Fund) funding of €100,000.
“At Enterprise Ireland, we understand the importance and necessity for emerging deep-tech which offers a solution adaptable across global markets,” said Donnchadh Cullinan, Head of ICT HPSU at Enterprise Ireland.
“Skippio’s technology solution addresses a gap in the market allowing consumers to enjoy an event rather than spending unnecessary time queuing.
“I want to congratulate the team at Skippio on its recent investment wins. Enterprise Ireland is proud to have provided support to Skippio during the early stage of its growth journey including via the pre-seed start fund and participation on the New Frontiers programme and now more recently as a high potential start-up. Today’s announcement will further allow Skippio to scale and compete and bring its platform to the next level.”
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