TicketRev

TicketRev is a company.

Active

Updated: Dec 10, 2025 ·

Recent News & Mentions

Apr 1, 2023FundingTicketRev - Seed Nov 1, 2022FundingTicketRev - Seed

Financial History

TicketRev has raised $1.5M across 2 funding rounds. Most recently, it raised $1.0M Seed in April 2023.

Total Raised

$1.5M

Valuation

N/A

Funding Rounds Raised

Date	Round	Lead Investors	Other Investors
Apr 1, 2023	$1.0M Seed		500 Global, Bread and Butter Ventures, Expa, Jude Gomila Rolling Fund, Sentiero Ventures, Soma Capital, Daren Cotter
Nov 1, 2022	$500K Seed		500 Falcons, 500 Startups, 500 Global, Bread and Butter Ventures, Expa, Hambro Perks, Jude Gomila Rolling Fund, Leadout Capital, LombardStreet Ventures, Soma Capital, Daren Cotter, Musaab Hakami

Financial History

TicketRev has raised $1.5M across 2 funding rounds.

Total Raised

$1.5M

Valuation

N/A

Leadership Team

Key people at TicketRev.

Daren Cotter

Advisory Board

Leadership Team

Key people at TicketRev.

Daren Cotter

Advisory Board

Deep Dive

High-Level Overview

TicketRev is a Miami-based portfolio company disrupting the live event ticketing industry with a buyer-driven marketplace platform. It enables fans to name their own price and preferred seating for sports, concerts, and entertainment events, helping them secure deals while allowing teams, venues, and sellers to liquidate unsold inventory efficiently[1][2][3][4]. The platform serves fans seeking affordable tickets, sports teams (e.g., Miami Marlins, Minnesota Twins), venues, and secondary sellers, solving high fees, opaque pricing, and unsold inventory issues in traditional seller-first systems—buyers pay no fees, sellers get an 8.5% fee with instant payouts[2][4][5]. Founded in 2022 (with concept origins around 2020), it has raised $1.1M in pre-seed funding from 500 Global, Soma Capital, Groove Capital, Techstars, and others, grown to 5,000+ active users, and launched a mobile app, achieving 20%+ savings for thousands of fans[1][2][6].

TicketRev now offers B2B solutions like customizable ticketing, fan engagement tools, seat upgrades, and data insights on audience preferences, budget, and demand, integrating as a white-label layer atop existing systems to boost revenue and reach[4][5][7].

Origin Story

TicketRev emerged from founder Jason Shatsky's teenage experience reselling sneakers, where he identified inefficiencies in limited-supply marketplaces and envisioned a "name-your-price" model for tickets, flipping the seller-first dynamic[6]. Shatsky, co-founder and CEO, bootstrapped the idea into a prototype built rapidly on Bubble by Airdev, targeting live events amid post-COVID recovery—originally set for March 2020 launch but delayed until early 2021[1][2][6]. Pivotal early traction included helping MLB teams like the Minnesota Twins move unsold tickets nightly, leading to $1.1M pre-seed funding in 2023 from strategic investors and a mobile app launch that expanded to 5,000+ users[1][2][6]. A key milestone was partnering with the Miami Marlins in a first-of-its-kind deal, leveraging its South Florida roots to democratize ticketing with data-driven fan benefits[7][8].

Core Differentiators

Buyer-First Marketplace: Fans submit bids for price and seats across events; sellers/teams accept discreetly—no buyer fees (8.5% for sellers), instant payouts, and suggested fair-price ranges via app[1][2][4].
B2B Customization for Teams/Venues: White-label solutions for offer-based sales, fan engagement flows, seat upgrades, premium seating, and real-time insights into demand, budget, and preferences—integrates seamlessly with major ticketing platforms[4][5].
Transparency and Efficiency: Reverses traditional models for win-win incentives, saving fans 20%+ while maximizing revenue (e.g., repeat sales, wider audience); outperforms competitors like ScoreBig by focusing on unsold inventory liquidation[1][2][3][7].
Rapid Development and Scalability: Built fast on no-code tools for market testing, now expanding with engineering/marketing hires post-funding[6].

Role in the Broader Tech Landscape

TicketRev rides the post-pandemic live events resurgence, where sports and entertainment demand has exploded but faces chronic unsold inventory (e.g., nightly MLB tickets) and fan frustration with dynamic pricing/scalping[1][2][7]. Timing aligns with rising consumer power via apps and data analytics, enabling "Priceline-style" bidding that aligns buyers, sellers, teams, and venues amid market forces like high venue costs and secondary market opacity[1][2]. It influences the ecosystem by providing teams unprecedented fan data for personalization, fostering deeper engagement, and challenging incumbents through integrations—positioning as a neutral layer that boosts primary sales without cannibalizing them[4][5][7][8].

Quick Take & Future Outlook

TicketRev is poised to scale its dual consumer-B2B model, targeting more MLB/NFL teams and national expansion with recent funding fueling engineering and marketing[2][6]. Trends like AI-driven pricing, blockchain ticketing (vs. competitors like Token Events/Evedo), and fan data monetization will shape it, potentially evolving into a full fan commerce platform[3]. Its influence could grow by standardizing buyer empowerment, tying back to its core mission of fairer, transparent ticketing that already saves fans money and fills seats[1][2][5].

Sources

Frequently Asked Questions

How much funding has TicketRev raised?

TicketRev has raised $1.5M in total across 2 funding rounds.

Who are TicketRev's investors?

TicketRev's investors include 500 Global, Bread and Butter Ventures, Expa, Jude Gomila Rolling Fund, Sentiero Ventures, Soma Capital, Daren Cotter, 500 Falcons, 500 Startups, Hambro Perks, Leadout Capital, LombardStreet Ventures.