TicketRev
The first ever reverse marketplace for event tickets.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | $1.1m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 50 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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TicketRev operates a platform in the live event ticketing market, providing customizable solutions for sports teams, venues, and organizations to manage ticket sales. Founded in 2021 by CEO Jason Shatsky and CTO Jabari Browne, the company has pivoted from an initial consumer-facing, buyer-driven marketplace to a B2B model focused on empowering event organizers. Shatsky’s entrepreneurial journey began at age 14 with an e-commerce platform for sneakers, an experience that provided him with a deep understanding of resale marketplaces and inspired the concept for TicketRev while he was studying at Babson College.
The company's primary clients are sports and entertainment brands, including major league teams like the Miami Marlins and Houston Astros. TicketRev's technology integrates with existing primary ticketing systems, acting as a white-labeled layer to create different purchasing experiences. Its business model is based on customized pricing for its organizational clients, helping them increase ticket sales, gain insights into audience demand, and maximize revenue. For its consumer-facing app, usage is free for buyers, with the company taking a commission from sellers.
The platform offers a suite of solutions including offer-based purchasing, streamlined purchase flows, and seat upgrades. A key feature that initially defined its consumer product was the ability for fans to "name their price" for tickets, submitting offers for desired seating locations that sellers could then accept. This buyer-first approach was designed to help move unsold inventory efficiently. The platform also provides valuable data to event organizers on fan preferences, budgets, and real-time demand. After raising $1.1 million in a pre-seed funding round from investors like Techstars, 500 Global, and Soma Capital, TicketRev launched its mobile app and has continued to expand its services.
Keywords: event ticketing platform, ticket marketplace, sports ticketing, fan engagement solutions, dynamic pricing, ticket sales maximization, live event technology, B2B ticketing, white-label ticketing, offer-based tickets, seat upgrades, audience analytics, event revenue optimization, sports marketing technology, Jason Shatsky, Jabari Browne, Miami Marlins, Houston Astros, Techstars, 500 Global