Eventbrite Receives $25M Strategic Investment from Square

Eventbrite, a San Francisco, CA–based event technology platform, received a $25m strategic investment from Square, Inc. (NYSE:SQ).

The partnership between Square and Eventbrite will enable:
– Online and mobile payments: Square will be Eventbrite’s payment processing partner for paid events, tickets, registrations, merchandise sales, donations, and other associated products or services;
– In-person payments: Square will be Eventbrite’s payment processing partner for in-person transactions, enabling event creators to accept card payments from attendees with Square’s hardware and Point of Sale software.
– Omni-channel reporting and management: By powering Eventbrite’s online, mobile, and in-person payments, Square will provide event creators with a single platform, and therefore one comprehensive view into all of their sales.

Founded in 2006, Eventbrite is an event technology platform used by thousands of organizers to boost ticket sales, promote and manage events, handle onsite operations, and analyze results across multiple sales channels. Customers include Tribeca Film Festival, Newport Folk and Jazz Festivals, Maker Faire, Wanderlust, etc.

The company has 11 offices in 10 countries. Investors include Sequoia Capital, Tiger Global and T. Rowe Price.



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