KNOT Technologies, an innovative online ticketing startup based in Egypt and the UK, has successfully concluded a pre-seed funding round, raising US$1 million. This significant investment was spearheaded by A15, underscoring a strong belief in KNOT's disruptive potential within the event technology sector. Established in London in 2025 by co-founders Ahmed Abdalla and Hussein ElBendak, KNOT is dedicated to developing a groundbreaking AI-native platform for ticketing and access control, with a core mission to enhance security, improve demand insights, and curb revenue loss in the live events industry.

The impetus behind KNOT's creation stems from the founders' acute observation of the inherent weaknesses in legacy ticketing systems. These outdated platforms, as highlighted by KNOT, offer severely limited visibility into actual demand patterns and leave event organizers highly susceptible to fraudulent activities and the unregulated resale market. Such deficiencies not only compromise the integrity of event access but also result in substantial revenue leakage and a lack of control for organizers over pricing strategies and data management, leading to a fragmented and often problematic ticketing experience for all parties involved.

KNOT's sophisticated platform directly addresses these challenges through the integration of an advanced artificial intelligence layer. This AI component is meticulously designed to authenticate user identities rigorously, manage ticket distribution with unparalleled precision, and track demand fluctuations in real time. By implementing these robust capabilities, KNOT empowers event owners to effectively restrict unauthorized ticket transfers and regain comprehensive control over their pricing models and access policies, thereby significantly reducing instances of fraud and safeguarding their revenue streams.

Despite its relatively recent inception, KNOT has already garnered considerable traction in the market. Following an initial rollout phase, the company has successfully secured partnerships with over 50 enterprise customers and is now officially emerging from its stealth mode. A15, the lead investor, articulated that KNOT is uniquely positioned to fill a critical