The Ticket Group
The Ticket Group - Sports Tickets - Concert Tickets & Theater Tickets.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| Total Funding | 000k | ||
| USD | 2017 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Company filings or news article
Founded in 2007 by Eric Van De Zilver, The Ticket Group operates as a developer of a yield management and distribution platform tailored for the live entertainment ticketing industry. Based in Orange, California, the company directs its services towards professional sports teams, entertainment venues, universities, and major performers across the United States.
The firm's core business revolves around providing analytics solutions for ticket bookings. It has developed a platform that enables clients to collect event data, analyze it for actionable insights, and make informed decisions regarding their ticketing strategies. A key feature of their service is the management of dynamic pricing through the use of proprietary algorithms, which adjust ticket prices in real-time based on market demand to optimize revenue for event organizers. Beyond pricing, the company also offers solutions for inventory management, ticket delivery, and overall distribution. This integrated approach aims to help clients increase their revenue and minimize the number of unsold tickets by adapting to market fluctuations.
The Ticket Group serves a diverse client base that includes stadiums, arenas, and other event spaces. Its platform functions as a business-to-business software solution focused on maximizing ticket sales and managing inventory effectively. The company's significant milestones include being recognized on the Inc. 5000 list for five consecutive years, from 2014 to 2018. In August 2019, The Ticket Group was acquired by Logitix, a move that integrated its yield management and distribution capabilities into a larger entity in the ticketing solutions space.
Keywords: ticket analytics, dynamic pricing software, event data analysis, ticket distribution, inventory management, yield management platform, live entertainment ticketing, sports ticketing solutions, venue ticketing technology, Eric Van De Zilver, Logitix acquisition, ticket booking analytics, event revenue optimization, Inc. 5000 honoree, ticketing software, professional sports teams, entertainment venues, ticket sales insights, market demand pricing, unsold ticket reduction
