SeatGeek, a New York, NY-based mobile platform for sports and concert tickets, raised $62m in Series C financing.
The round was led by Technology Crossover Ventures (TCV) with participation from previous investors Accel Partners, Causeway Media Partners and Mousse Partners. In conjunction with the funding, TCV General Partner Daniel O’Keefe will join SeatGeek’s board.
The company, which has now raised $103m in total, intends to use the funds to expand its consumer marketing efforts in North America and increase the size of the team.
Co-founded in 2009 by Jack Groetzinger and Russ D’Souza, SeatGeek operates a ticket search engine that enables fans to discover deals for sports, concert, and theater events. The company has developed interactive stadium maps, and forecasting technology that provides fans with the buying intelligence needed to find deals from trusted secondary ticket markets and alerts them of the ideal time to purchase tickets. Its mobile applications for iPhone, iPad and Android have been downloaded over 3 million times.
SeatGeek currently has 64 employees and targets to hire approx. additional 45 people by the end of 2015.
FinSMEs
03/04/2015
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