SeatGeek
Consumer & Lifestyle
Founded: 2009
Last Round Valuation: $1.24B
SeatGeek, headquartered in New York, is a mobile ticketing marketplace facilitating the buying and selling of tickets for sports, concerts, and theater events. Users can explore listed events, access interactive seat-maps, make purchases, and receive tickets electronically or in print, all through SeatGeek's platform. The company was established in 2009 to revolutionize ticketing experiences.
SeatGeek Overview:
SeatGeek is a leading mobile ticketing marketplace that revolutionizes the way people buy and sell tickets for various live events, including sports, concerts, and theater shows. Founded in 2009, the company has quickly gained popularity and established itself as a trusted platform for ticket transactions. Headquartered in New York, SeatGeek has expanded its reach across the United States and internationally.
The core mission of SeatGeek is to enhance the ticket-buying experience by providing a user-friendly platform that enables seamless transactions and empowers fans to find the best deals on tickets. Through their mobile app and website, users can easily browse a wide range of events, view interactive seat maps, compare prices from different sellers, and make secure purchases with just a few taps.
One of the key features that sets SeatGeek apart is its proprietary Deal Score algorithm. This algorithm assesses ticket listings based on factors such as seat location, pricing, historical data, and user reviews to provide a score that helps users identify the best value for their desired event. This innovative approach simplifies the ticket-buying process, allowing fans to make informed decisions and secure tickets at fair prices.
SeatGeek also prioritizes transparency and customer satisfaction. The platform aggregates ticket listings from various sources, including primary sellers, resellers, and individual sellers, to offer a wide selection to users. Each ticket listing is accompanied by detailed information, including the face value, section, row, and any additional notes provided by the seller. This transparency ensures that users have a clear understanding of what they are purchasing.
Furthermore, SeatGeek's platform enables users to receive tickets electronically or in printable formats, offering convenience and flexibility. The company has also partnered with numerous teams, venues, and event organizers to integrate their ticketing systems directly into the SeatGeek platform, allowing for seamless mobile entry at supported venues.
SeatGeek's commitment to innovation and user experience has earned the trust and recognition of millions of users. The company has received accolades for its mobile app, customer service, and overall user satisfaction. Additionally, SeatGeek has formed partnerships with major sports teams, entertainment venues, and ticketing platforms, further solidifying its position in the ticketing industry.
In recent years, SeatGeek has expanded its services to include features like SeatGeek Open, a platform that enables third-party companies to integrate SeatGeek's ticketing technology into their own applications and websites. This move demonstrates SeatGeek's commitment to driving innovation and providing ticketing solutions beyond their own platform.
With its user-friendly interface, innovative features, and commitment to customer satisfaction, SeatGeek continues to shape the ticketing industry. By connecting fans with live events and empowering them with information and choices, SeatGeek is transforming the way people experience and access tickets, making the process more transparent, convenient, and enjoyable for fans around the world.
Founders:
Russell D'Souza
Jack Groetzinger
Eric Waller
Top Investors:
Accel
Accel Partners
Allen Levinson
Arctos Sports Partners
Arie Abecassis
Causeway Media
Eli Manning
Founder Collective
Founders Collective
Glynn Capital
Haystack Partners
Mark Wachen
Melo7 Tech Partners
Mike Dunleavy Jr.
Mousse Partners
NYC Seed
PKS Capital
Peyton Manning
Red Swan Ventures
Rob Glaser
Ryan Smith
Shane Battier
Stage One Capital
Stanford University Athletics
Sunil Hirani
Technology Crossover Ventures
Thomas Lehrman
Thomas Lerhman
Trisiras Group
Wellington Management
Funding History:
Date | Share Type | Amount Raised | Raised to Date | Issue Price | Post Money Valuation | Key Investors |
---|---|---|---|---|---|---|
Aug 2022 | Series E | $238MM | $501.74MM | $5.35 | $1.24B | Accel, Wellington Management, Arctos Sports Partners |
Jun 2020 | Series D-1 | $103.84MM | $263.74MM | $3.19 | $586.65MM | Accel, Founders Collective, Mousse Partners |
Apr 2017 | Series D | $57MM | $159.91MM | $3.19 | $380.47MM | Glynn Capital, Accel, Causeway Media |
Apr 2015 | Series C | $61.96MM | $102.91MM | $2.60 | $265.73MM | Technology Crossover Ventures, Mousse Partners, Accel Partners |
Aug 2014 | Series B | $37.48MM | $40.95MM | $1.35 | $98.88MM | Accel, Peyton Manning, Eli Manning |
Aug 2012 | Series A-2 | $1.59MM | $3.47MM | $0.52 | $23MM | Mousse Partners, Red Swan Ventures, Founder Collective |
Jul 2010 | Series A-1 | $1.09MM | $1.88MM | $0.12 | $5.01MM | Founder Collective, NYC Seed |
Jan 2010 | Series A | $788.73K | $788.73K | $0.10 | $3.15MM | Stage One Capital, Trisiras Group, PKS Capital |