Fever Valuation, Funding & Investors
Fever is valued at $2B as of January 2023.
Last Fever valuation
$2B
Undisclosed stage · Jan 2023
Last Fever funding round
$100M
Undisclosed stage · Jun 2025
Cumulative funding Fever raised
$514M
across 8 funding rounds
Key investors in Fever
Accel
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14WConvivialite Ventures
Atresmedia
Goodwater Capital
Eurazeo
About Fever
Fever is a digital platform for discovering and booking live events like concerts, exhibitions, theater, and cultural experiences in over 200 cities worldwide. It offers personalized recommendations, ticketing, marketing tools, and analytics for organizers, plus private and corporate event options. New York-headquartered, Fever partners with brands for immersive experiences and operates via web and apps.
Founded
2014
HQ
New York City, NYWebsite
Status
Privately held
Customer focus
B2C & B2B
Revenue model
Commission
Valuation
$2B (Jan 2023)
Fever Valuation
Fever is currently valued at $2B, based on its undisclosed-stage round in January 2023.
The $110M round was led by Goldman Sachs, with participation from Smash Capital, Convivialite Ventures, Goodwater Capital, Alignment Growth, Eurazeo and 2 other investors.
Fever's valuation has grown 2.0x from $1B at its Series E in December 2021 to $2B in January 2023, across 2 priced rounds.
Fever valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2023 | Undisclosed stage | $2B |
| Dec 2021 | Series E | $1B |
Fever Funding History
Fever has raised a total of $514M across 8 funding rounds.
Fever's first fundraising round was a $2M seed round in May 2014. The most recent completed round was a $100M undisclosed-stage round in June 2025.
Fever funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2025 | Undisclosed stage | L Catterton (lead); Point72 (lead) | $100M | - | Fever is a Madrid- and New York-based live entertainment discovery platform operating in over 40 countries, reaching over 200 million people monthly with personalized recommendations for immersive exhibitions, interactive experiences, festivals, concerts, and sports events. It provides ticketing, demand generation, and analytics for partners including Real Madrid, FC Barcelona, LIV Golf, and X Games, and develops exclusive 'Fever Originals' events based on popular IP like Bridgerton and Stranger Things using AI-driven personalization, pricing optimization, and revenue generation tools. In June 2025, Fever secured over $100 million in an equity funding round led by L Catterton and Point72 Private Investments, with participation from existing investors, to fuel growth in music and sports. The round, announced on June 4, 2025, builds on prior raises including $227 million in 2022 and $110 million in 2023, bringing total funding to around $527 million. Fever reported over 20x revenue growth from pre-pandemic levels in 2024 while maintaining full-year EBITDA profitability, highlighting strong traction amid industry recovery. The investment leverages Point72's sports ties, exploring partnerships like with the New York Mets owned by Point72's Steve Cohen, and L Catterton's consumer expertise for experiential marketing and branded events. Positioned as an independent tech alternative to legacy players, Fever emphasizes innovation in discovery, distribution, and monetization, partnering with content owners rather than competing, to empower fans, promoters, venues, and institutions in a reinvigorated live experiences market. |
| Jan 2023 | Undisclosed stage | Goldman Sachs (lead); Smash Capital; Convivialite Ventures; Goodwater Capital; Alignment Growth; Eurazeo; Vitruvian Partners; Atresmedia | $110M | $2B | Fever operates a live entertainment discovery and ticketing platform, enabling users to find and book experiences such as concerts, festivals, immersive events, and cultural attractions across more than 40 countries. The company reached unicorn status with a $227 million Series E round on January 26, 2022, led by Goldman Sachs, valuing it at $1.8 billion. Its Series F funding round on January 25, 2023, raised $119.74 million from investors including Goldman Sachs (GS Growth), Alignment Growth, Convivialité Ventures, Eurazeo, Goodwater Capital, Smash Capital, and Vitruvian Partners, with a post-money valuation of $1,956 million. Fever has raised over $435 million total across 14 rounds, employing thousands and serving hundreds of millions via its platform, including partnerships with Real Madrid, FC Barcelona, LIV Golf, and X Games. |
| Dec 2021 | Series E | Goldman Sachs Asset Management (lead); Convivialite Ventures; Goodwater Capital; Alignment Growth; Eurazeo; Vitruvian Partners; Smash Ventures | $227M | $1B | Fever is a leading global live-entertainment discovery platform that connects users with events such as concerts, festivals, immersive art exhibitions, and cultural experiences across over 60 cities in Europe, America, Asia, and Oceania, with the US as its largest market. Co-founded by Spaniards Ignacio Bachiller Ströhlein (CEO), Alexandre Perez Casares, and Francisco Hein, the company operates a ticketing and event organization platform emphasizing real-life (IRL) experiences amid rising demand post-pandemic. In January 2022, Fever raised $227 million in its largest-ever funding round for a live-entertainment tech startup, led by the Growth Equity business of Goldman Sachs Asset Management, achieving unicorn status with a post-money valuation of over $1 billion (described as 'just over a billion dollars' by CEO). Co-investors included Alignment Growth, Goodwater Capital, Smash Capital, with additional undisclosed investments from Eurazeo and Vitruvian Partners (matching the queried investors). This Series E round followed a $35 million raise in 2019 and built on Fever's expansion from three cities five years prior. The company reported revenues growing 10x since its 2019 financing despite pandemic challenges, attributing success to technology, partnerships, and event creators. Funds were earmarked for global expansion, enhancing AI-driven event discovery, engineering, data science, and partnerships with organizers. CEO Bachiller Ströhlein highlighted empowering experience creators for memorable IRL events, while Goldman Sachs' Stephen Kerns praised the team's revenue growth and potential in accessible culture and entertainment. The round signaled investor confidence in live events' recovery, contrasting metaverse trends, with Fever positioning for further growth and a potential IPO path. |
| May 2019 | Series D | Rakuten (lead); Portugal Ventures; Convivialite Ventures; Michael Zeisser; Nimble Ventures; Accel; Atresmedia | $35M | - | - |
| Feb 2018 | Series C | Atresmedia (lead); Labtech (lead); 14W; Accel | $20M | - | Fever is a live entertainment technology platform that inspires people to discover offline experiences in their cities through a marketplace and Secret Media Network, operating in cities like London, New York, Paris, Madrid, and Barcelona as of 2018, with expansion plans to Los Angeles, Ibiza, Lisbon, and Dubai. The company combines event discovery, ticketing, and demand generation, earning commissions from organizers based on additional ticket sales driven by its platform and data-driven optimization. In July 2018, Fever raised a $20 million Series C round co-led by Atresmedia and Labtech, with participation from existing investors Accel Partners and 14W Ventures. This brought total funding to around $39.3 million at the time, following a $3 million seed in 2014 and prior raises. The investment supported growth in the experience economy and digital marketing, leveraging Fever's technology for audience mobilization and synergies with media partners like Atresmedia. By mid-2018, Fever's operations in key cities had achieved break-even a year prior and were growing at 100% year-over-year self-sufficiently. The platform supplemented third-party event discovery by programming its own A/B-tested events, enhancing its model without changing the core commission-based structure. |
| Nov 2015 | Series B | Portugal Ventures; Fidelity; 14W; Accel | $12M | - | - |
| Oct 2014 | Series A | 14W (lead); Accel (lead); Eight Roads Ventures; Pep Gomez; Caixa Capital | $8M | - | Fever operates a local events discovery app enabling users to find and buy tickets or deals for concerts, restaurants, and other events in cities like Madrid, New York, and London. The platform had achieved significant traction by late 2014, with over 200,000 monthly users buying tickets, gross transactions surpassing $70 million, and annualized net revenue run rate between $1.5 million and $2 million. Spain and the US each contributed about 40% to the bottom line, with the UK at 20%. In its Series B round around October 2014, Fever raised $12 million from investors including Accel Partners, Fidelity, 14W Ventures, and Solon Inversiones, all of whom had participated in the prior Series A six months earlier. Sources indicated the company's valuation had doubled from the Series A. The funding came amid stabilizing operations following internal changes since its founding in Barcelona in 2011. Interest from major players like Eventbrite was evident, as they explored collaboration opportunities. Fever continued expanding post-2014, raising additional rounds including €11 million in 2016 led by Accel Partners. |
| May 2014 | Seed | Bernardo Hernandez; Rhapsody Venture Partners; Solon Ventures; Sergio Ramos; Jeff Pulver | $2M | - | - |
Who has invested in Fever?
28 investors have backed Fever across its funding rounds, including Accel, 14W, Convivialite Ventures, Atresmedia, Goodwater Capital and Eurazeo.
Lead investors include L Catterton, Point72, Goldman Sachs, Goldman Sachs Asset Management, Rakuten and 4 other investors.
Fever Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Palo Alto, CA | 4 | Lead | Oct 2014 | |
| San Francisco, CA | 3 | Participant | May 2019 | |
| 14W | United States | 3 | Lead | Oct 2014 |
 Madrid | 3 | Lead | Feb 2018 | |
 Porto | 2 | Participant | Nov 2015 | |
| San Francisco, CA | 2 | Participant | Dec 2021 | |
| New York City, NY | 2 | Participant | Dec 2021 | |
 France | 2 | Participant | Dec 2021 | |
 London | 2 | Participant | Dec 2021 | |
 Guernsey | 1 | Lead | Feb 2018 | |
| Los Angeles, CA | 1 | Participant | Jan 2023 | |
| New York City, NY | 1 | Participant | May 2014 | |
| Boston, MA | 1 | Participant | Nov 2015 | |
This data is available for Pro users. Sign up to see all 28 Fever investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Fever
Fever has acquired 1 company to date.
Last acquisition by Fever was on June 5th 2025. Fever acquired DICE for undisclosed valuation.
Latest Acquisitions by Fever
| Description | DICE is a London-headquartered ticketing platform founded in 2014, operating in the UK, US, France, Italy, Spain, India, and Australia. It enables fans to discover, save, and purchase tickets for live music events, comedy shows, and streams via iOS and Android apps. Features include personalized recommendations, ticket transfer, and resale protection against touts. |
| HQ Country | |
| HQ City | London |
| Deal Date | 5 Jun 2025 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Fever acquisitions and their M&A valuation multiples. Start Free Trial | |
Fever Competitors
Fever competitors include listed companies like CTS Eventim and Lime, and private ones like SeatGeek, Roofstock, Avant and BlaBlaCar.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Germany | Publicly listed | $3.5B | $622M | $6.3B | 1.3x | |
| New York City, NY | Private | $186M | - | $1.2B | 6.5x | |
| United States | Publicly listed | $887M | $87M | $2B | - | |
| San Francisco, CA | Private | - | - | $1.9B | - | |
| Chicago, IL | Private | - | - | $2B | - | |
| Paris | Private | $291M | - | $2B | 6.9x |
Fever Public Comps
Fever is still privately-owned, but its public comps include Lime, Ziff Davis, TX Group, TBO.com, ACV Auctions, Visional, Songcheng Performance, GO, Stubhub and eFinance.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $887M | $87M | 2.2x | - | 22.2x | - | |||
| $1.5B | $335M | 0.9x | 1.0x | 3.8x | 3.3x | |||
| $1.1B | $310M | 2.1x | 2.1x | 7.2x | 8.1x | |||
| $262M | $41M | 6.7x | 5.2x | 43.2x | 34.3x | |||
| $760M | ($19M) | 2.3x | 2.1x | (89.6x) | 24.8x | |||
| $515M | $157M | 3.3x | 2.6x | 10.8x | 9.3x | |||
| $337M | $204M | 5.4x | 5.7x | 8.9x | 9.2x | |||
| $266M | $49M | 5.4x | 5.3x | 29.4x | 24.7x | |||
This data is available for Pro users. Sign up to see all Fever competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Fever
| When was Fever founded? | Fever was founded in 2014. |
| Where is Fever headquartered? | Fever is headquartered in New York City, NY, United States. |
| Is Fever publicly listed? | No, Fever is a private, VC-backed company. |
| What is Fever's valuation? | Fever was last valued at $2B in its undisclosed-stage round in January 2023. |
| How much funding has Fever raised? | Fever has raised $514M across 8 funding rounds. |
| What was Fever's last funding round? | Fever's last funding round was a $100M undisclosed-stage round in June 2025, led by L Catterton and Point72. |
| Who are Fever's investors? | Fever's investors include Accel, Convivialite Ventures, 14W, Atresmedia, Portugal Ventures, Goodwater Capital, Alignment Growth, Eurazeo, Vitruvian Partners, Labtech and 18 others. |
| Which companies are comparable to Fever? | Companies comparable to Fever include CTS Eventim, SeatGeek, Lime, Roofstock, Avant and BlaBlaCar. |
| How many companies has Fever acquired? | Fever has acquired 1 company, including DICE. |
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