TodayTix, a NYC-based provider of a mobile app that gives on-demand access to deals on last-minute theater tickets, raised $9m in Series B funding.
The round was co-led by Walden Venture Capital and TYLT Ventures, with participation from existing investors Rubicon Venture Capital, SF Capital Group, Union Square Hospitality Group CEO Danny Meyer, New York Islanders Owner Jon Ledecky, Sweetgreen Co-founder Nicolas Jammet, and Twitter Senior Director of Corporate Development & Strategy Jessica Verrilli, as well as veterans from the theater and entertainment industry including CEO of United Talent Agency Jeremy Zimmer and former CEO of BSkyB and NetJets Europe Mark Booth. In conjunction with the funding, Katherine Oliver, principal at Bloomberg Associates and former commissioner of NYC’s Mayor’s Office of Media and Entertainment, joined TodayTix’ Advisory Board. Art Berliner, managing director of Walden Venture Capital, joined TodayTix’s Board of Directors, while TYLT Ventures Co-Founder and Managing Director Gerard Casale joined as a board observer.
The company intends to use the funds to invest in product innovation, technology, geographic expansion and marketing.
Co-founded by Merritt Baer, CEO, and Brian Fenty, chairman, TodayTi provides a free mobile app for iOS and Android that gives access to the best prices on last minute theater tickets, booked same-day or within a week’s time. The app is currently available in New York City, London’s West End, the San Francisco Bay Area, Los Angeles, Washington DC and Chicago.
Partnerships include more than 150 theater institutions globally including The Public Theater, Roundabout Theatre Company, Blue Man Group, St. Ann’s Warehouse, Manhattan Theatre Club, the Metropolitan Opera, Nimax, Really Useful Theatres, Shaftesbury Theatre, SHN, San Francisco Playhouse, American Conservatory Theater, ODC Dance Company, Arena Stage, Shakespeare Theater Company, Woolly Mammoth Theatre Company, Geffen Playhouse, the Wallis Annenberg Center for the Performing Arts, and LA Opera.