Donations through Spektrix grow almost 100% in a year
Melanie May | 14 March 2019 | News
Charitable donations made through cloud-based arts management software firm Spektrix grew by almost 100% last year.
Donations rose from £46.5 million in 2017 to £92 million in 2018, while it also started working with 74 new organisations – growing its client base to 412 – and increased sales through the system from £378 million to more than £500 million.
Tickets sold through Spektrix grew to 22.5 million while headcount at its UK and North American offices grew from 92 to 120.
Major UK client wins included London’s Barbican Centre, the Theatre Royal Bath, Colston Hall Bristol, St Martin’s Theatre in the West End, Bournemouth Symphony Orchestra, and Opera Holland Park.
Last year also saw Spektrix secure £5 million in growth funding from Foresight Group Venture Capital Trusts.
Michael Nabarro, CEO and co-founder of Spektrix said:
“In addition to continuing our years-long pattern of double-digit annual growth, we won the confidence of Europe’s largest performing arts venue and secured investment to support further expansion and development. Our successes in 2018 are testament to a customer-first approach and making sure we are seen as a trusted partner, helping arts organisations grow their businesses.”
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About Melanie May
Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via thepurplepim.com.