Fevo

Fevo

Verified

Financials

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Revenues, earnings & profits over time
USD201820192020202120222023
Revenues000000000000000000000000
% growth-25 %86 %-99 %18 %
EBITDA000000000000000000000000
Profit000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000
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DateInvestorsAmountRound
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$16.6m

Series C
Total Funding000k

Recent News about Fevo

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FEVO is a dynamic startup revolutionizing the e-commerce and ticketing landscape by making shopping and event experiences more social and interactive. The company offers a platform that allows users to purchase tickets and other products as a group, simplifying the process of splitting costs and coordinating with friends. This social shopping experience is designed to mimic the communal aspects of pre-internet shopping, making it more engaging and enjoyable.

FEVO primarily serves large brands and enterprises, providing them with software that integrates seamlessly with various inventory management systems. This integration ensures a unified and smooth checkout experience for users. The platform is particularly popular among event organizers, sports teams, and entertainment venues that need to sell tickets and manage group experiences efficiently.

Operating in the e-commerce and ticketing markets, FEVO's business model focuses on providing a Software-as-a-Service (SaaS) solution. This means they offer their software on a subscription basis, allowing clients to use their platform for a recurring fee. Additionally, FEVO makes money through transaction fees, taking a small percentage of each sale made through their platform.

FEVO's user experience (UX) and user interface (UI) are designed to be intuitive, elegant, and fun, making the shopping process not only effective but also enjoyable. The company believes that shopping should be a social activity, and they aim to transform the often isolating e-commerce experience into a more connected and communal one.

In summary, FEVO is a leading platform for group experiences and ticketing, serving large brands and enterprises in the e-commerce and event management sectors. They make money through subscription fees and transaction fees, offering a seamless and social shopping experience that integrates with various inventory systems.

Keywords: social shopping, group experiences, ticketing, e-commerce, SaaS, enterprise software, inventory integration, UX/UI design, event management, transaction fees.

Tech stack

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