iXpole retrieves € 200,000 to support growth

iXpole developed a unique online platform for Sponsorship and Hospitality management used by professional sport clubs. To support further growth, the company raised € 200,000 with LRM, where they granted a subordinated loan, and other financiers. iXpole will use these funds to extend the team and to approach other markets. The Capital Link guided iXpole in its quest for growth financing.

iXpole

iXpole currently offers its services to Belgian First Division A football clubs that have a significant premium seat section in their stadiums, such as RSC Anderlecht and KV Oostende. These football clubs made an improvement in their customer relations and have increased sales thanks to the iXpole platform. iXpole is used to manage the sales administration better by offering services for online ticketing, VIP contract management, cross selling, catering and the like.

Growth plans

iXpole has the ambition to grow both national and international. The founders see many opportunities because sports clubs are beginning to feel the need to professionalize their organization. The feasibility of the software has already been proven. Thanks to the flexible setup and implementation, it can be used in other sports as well. To ensure the quality of service, the company will expand its team and will further invest in the development of their platform.

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luc-round

About Luc

Luc is Business Development Manager at iXpole. Luc is on the constant lookout for ways to grow the iXpole community. This means of course a lot of evangelisation with sports clubs, fixed venue event operators and other potential users of the platform. Aside from that Luc also forges strategic partnerships of all kinds and looks after our marketing and communication.

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