Social event planning app Partiful is launching an in-app ticketing feature, marking its first major step toward generating revenue. The move lets users sell tickets directly through the platform.
Partiful, which has grown as a simpler alternative to Facebook Events, is integrating ticketing capabilities into its core app. Users can now create paid events and process ticket sales without leaving the platform.
The ticketing feature represents a significant shift for the startup, which has previously operated as a free service for organizing social gatherings. By capturing transaction volume, Partiful can begin monetizing through payment processing fees or ticket service charges.
The move positions Partiful to compete more directly with established ticketing platforms while leveraging its existing user base of event organizers. The in-app integration streamlines the ticket purchase process for attendees and reduces friction in the planning workflow.
Partiful has raised $20 million in funding to date and has built a substantial user base since launching. The ticketing launch signals the company's transition from pure social tool to a full-featured event management platform with revenue generation capabilities.
Vlad Yatsenko, co-founder and chief technology officer of digital bank Revolut, is departing his role in July. Yatsenko has been a key technical leader since the company's inception alongside CEO Nik Storonsky.
Substack has launched Reply Rules, a new feature enabling creators to moderate how audiences respond to their posts. The tool is now available across all English-language publications on the platform.
Defense startups are raising record funding as government budgets swell, but venture investors warn most will fail before reaching profitability. Anduril and Mach Industries have seen their valuations skyrocket, yet the path from prototype to sustained contracts remains treacherous.
Lassie, an AI agent that automates administrative tasks for dental practices, raised $35M in Series A funding led by Andreessen Horowitz at a ~$250M valuation.