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Viola Credit provides $10m facility to Easol

The facility comes alongside a $20m equity raise from investors including Tiger Global and Y Combinator, taking total funding to $60m, Easol says.

Alex Price1 min read

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About the deal

Borrower
Easol
Amount
$10m
Facility
Venture debt
Lender
Viola Credit
Equity investors
Tiger Global, Y Combinator, Foundation Capital, FMZ Ventures, Notion Capital, Eight Roads
Sector
B2B Software
Region
Europe
Country
United Kingdom
Announced

Viola Credit has provided a $10m debt facility to Easol, which Easol says was part of a $30m Series A extension, Music Business Worldwide reported on 28 October. Easol is a London-headquartered booking and payments platform used by festival promoters.

The $20m equity portion came from Y Combinator, Tiger Global, Foundation Capital, FMZ Ventures, Notion Capital and Eight Roads. The company said the new money takes Easol’s total funding, including the debt facility, to $60m. Tenor, pricing and warrants were not disclosed.

Easol says its platform serves festival and experience businesses and that it has offices in London, New York and Los Angeles. The company said 2.8 million guests have booked experiences through the platform so far in 2026, across more than 135 countries. Easol says it has launched Teammates, a set of AI agents for festival and experience businesses.

Easol announced a $25m Series A in December 2021, led by Tiger Global, with Notion Capital, Foundation Capital, Y Combinator and FMZ Ventures also investing. A $4.5m seed round came earlier in 2021. At the time, the two 2021 rounds took total funding to about $30m. The same five investors returned for the extension, joined by Eight Roads and Viola Credit.

Companies House shows charges in favour of Viola Credit Partners Management LP over Easol Trading Ltd and Easol IP Ltd, each created on 4 September 2026. The Easol Trading charge is a fixed and floating charge over all the company’s property. Both companies also show earlier charges in favour of Wuessen Lending S.A.R.L., created on 25 September 2023 and satisfied on 15 September 2026. The filings do not state an amount.

Viola Credit launched a Growth Lending fund dedicated to European technology in November 2025, targeted at €300m, with a first close led by the British Business Bank and the European Investment Fund. The fund aims to invest in up to 50 sponsor-backed companies in Western Europe and the UK. Viola Credit has had a London office since 2023.

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