ROLLER, a Melbourne, Australia-based venue management software platform, closed a $28.2 million funding round as it looks to capitalize on the rebound of the leisure and attractions industry worldwide.
Growth capital firm Partners For Growth (PFG) provide a $10 million line of credit to the company, and existing Boston-based investor Acadian Software boosts its shareholding.
The majority of the capital will be used to give early investors an $18.2 million payout as liquidity, with leftover funds helping the company invest heavily in a product, sales, and marketing staff.
ROLLER is a software platform that centralizes a myriad of features such as ticketing, point-of-sale, gift cards, memberships, customer relationship management (CRM), party bookings, stock control, analytics, and more.
Since its inception, the company has expanded to 25 countries and serves 1,200-plus attractions and leisure businesses globally. ROLLER claims its revenue has grown at a compound annual growth rate (CAGR) of 75 percent over the last three years.
Company: Roller Networks Pty LTD
Raised: $28.2M
Round: Unknown
Funding Month: December 2022
Lead Investors: Partners For Growth
Additional Investors: Acadian Software
Company Website: https://www.roller.software/
Software Category: Guest Experience
About the Company: Founded by brothers Luke and Mark Finn in 2011, ROLLER is a global software-as-a-service company designed to help businesses in the leisure and attractions industry operate more efficiently and more effectively and deliver great guest experiences. ROLLER helps its customers offer amazing guest experiences through a full suite of venue management features, including ticketing, point-of-sale, CRM, self-serve kiosks, memberships, digital waivers, and more. Roller has customers in over 30 countries in a wide array of industries.
Source: https://www.businessnewsaustralia.com/articles/roller-rewards-early-investors-after-securing--28m-in-funding-round.html