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

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