Ashton Kutcher Invests in British Ticket App YPlan
The star is among those providing $12 million in funding for a global expansion of the app for last-minute event tickets, starting with New York.
LONDON – A British capital ticketing app that gives users "last minute" access to top events has secured $12 million (£8 million) from backers including Ashton Kutcher to pump into U.S. expansion.
The founders of the free YPlan app plan to rollout a New York version by the end of the summer.
It was only set up last November but has already been downloaded onto iPhones and iPads more than 200,000 times.
The app gives users the opportunity to buy tickets to events in London on the day they are taking place, often at a discount.
YPlan takes a commission on any tickets sold, covering everything from art-house cinema and comedy to live music and dance.
YPlan co-founder and CEO Rytis Vitkauskas said: "Just six months after launching we’ve taken London by storm and transformed YPlan from concept into an exciting mobile-only business that is going global.”
The company has raised the $12 million from the venture capital firms behind tech firms AirBnB, Spotify and Hailo, as well as Two and a Half Men star Kutcher’s investment vehicle A-Grade Investments.
The app is currently only available from Apple but an Android version will be released by the end of summer.