SeatGeek

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SeatGeek
SeatGeek.png
Type Private
Founded New York City, New York, USA
Headquarters New York City, New York, United States
Area served Worldwide
Key people Russell D'Souza
Jack Groetzinger
Employees 20
Website http://seatgeek.com
Type of site Ticket Search
Available in English
Launched September 14, 2009
Current status Active

SeatGeek is a website that provides search and price forecasting for consumers purchasing sports, concert, and theater tickets on the secondary ticket market. SeatGeek mines ticket transactions from secondary ticket markets including TicketNetwork, TicketsNow and Razorgator, providing a search of the secondary ticket marketplace in one search. Stubhub is no longer included in search results.

The site is a ticket search engine that aggregates ticket listings from over 60 secondary ticket markets, enabling users to search for ticket deals for a particular sports game, concert, or other live events in North America. Tickets are displayed on interactive seating maps and are color-coded, using the company's DealScore algorithm to show consumers where to find their chosen seats at the lowest price. Additionally, SeatGeek's Columbus event discovery engine provides customized event recommendations for users based on a list of their favorite teams or artists.

The service has parallels to Farecast, an airline ticket aggregation and forecasting site purchased by Microsoft in 2008.[1]

History[edit]

SeatGeek was founded by Russell D'Souza and Jack Groetzinger out of DreamIT Ventures, an early stage startup accelerator program in Philadelphia and launched in September 2009 at TechCrunch50 where it was named by VentureBeat and CNET as one of the top 5 companies from the conference.[2]

In May, 2009 the company received $20k in seed funding from DreamIT Ventures.[3]

In January, 2010, it received between $500k and $1M in seed funding from Sunil Hirani, Mark Wachen, Arie Abecassis, Allen Levinson, Stage One Capital, Trisiras Group, PKS Capital.[4] In July 2010 it received a further $1M in Series A funding from Founder Collective and NYC Seed.[5] Later, in October 2010 the Series A investors invested an additional $550k into the company.[6]

In February 2011 SeatGeek announced a strategic investment from Ashton Kutcher and Guy Oseary through their fund A-Grade investments. The amount of the financing was not disclosed.[7]

In August 2011, SeatGeek announced that Yahoo! Sports renewed its partnership with the company.[8]

In December 2013, SeatGeek announced the acquisition of FanSnap, a competing ticket search engine. SeatGeek discontinued the FanSnap search engine and rolled it into their existing ticket search platform.[9]

Awards and recognition[edit]

  • 2012 Webby Awards Nominee - "Web Services and Application"[10]
  • "Technical Achievement" finalist in the South by Southwest's (SXSW) 2010 Web Awards.[11]
  • PC Magazine's "The Top 100 Web Sites of 2010".[12]
  • Founders Russell D'Souza and Jack Groetzinger were named in Bloomberg BusinessWeek's "America's Best Young Entrepreneurs 2010."[13]
  • Business Insider's "The Silicon Alley 100: New York's Coolest Tech People In 2010"[14]

References[edit]

  1. ^ http://techcrunch.com/2009/09/14/tc50-seatgeek-is-the-farecast-for-sports-and-music-tickets/
  2. ^ http://venturebeat.com/2009/09/15/tc50-the-five-companies-to-watch/
  3. ^ DreamIT Ventures
  4. ^ TC50 Finalist SeatGeek Raises Seed Funding, Revamps Website
  5. ^ http://techcrunch.com/2010/07/21/tc50-finalist-seatgeek-closes-1-million-series-a-round-partners-with-nielsen/
  6. ^ http://venturebeat.com/2010/10/14/seatgeek-gets-550k-wall-street-journal-deal-to-advance-online-ticket-search/
  7. ^ SeatGeek Snuffs Out Competition
  8. ^ https://seatgeek.com/press/yahoo-sports-selects-seatgeek-as-ticketing-partner
  9. ^ SeatGeek Grabs New Ashton Kutcher Investment
  10. ^ http://www.webbyawards.com/webbys/current.php?season=16
  11. ^ http://sxsw.com/node/4285
  12. ^ The Top 100 Web Sites of 2010
  13. ^ 2010 Finalists: America's Best Young Entrepreneurs
  14. ^ The Silicon Alley 100: New York's Coolest Tech People In 2010

External links[edit]