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- Moretickets
Moretickets Funding, Investors & Competitors
Moretickets has raised $102M across 4 funding rounds, most recently a $62M Series C in July 2018.
Last Moretickets funding round
$62M
Series C · Jul 2018
Cumulative funding Moretickets raised
$102M
across 4 funding rounds
Key investors in Moretickets
Qiming Venture Partners
Blue Lake Capital
ZhenFund
Matrix Partners China
TPG
Hillhouse Investment
DCM Ventures
Prometheus Capital
Moretickets Overview
About Moretickets
Moretickets operates an online ticketing platform from Shanghai, China, handling event tickets for various entertainment and cultural activities. The service connects users to concerts, shows, and sports events through digital sales and distribution.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Commission
Moretickets Funding History
Moretickets has raised a total of $102M across 4 funding rounds.
Moretickets' first fundraising round was a $100K seed round in January 2017. The most recent completed round was a $62M Series C in July 2018.
Moretickets funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jul 2018 | Series C | TPG (lead); Matrix Partners China; Nanshan Capital; Blue Lake Capital; Qiming Venture Partners; Hillhouse Investment; DCM Ventures | $62M | Moretickets is a Chinese discount ticket resale platform operating in the secondary ticketing market. In July 2018, it raised approximately US$60 million in a Series C funding round led by TPG Capital (also referenced as TPG Growth), described as a 'further' round indicating prior funding. The round size is reported consistently as $60 million across sources, positioning Moretickets for growth in China's competitive live events ticketing sector. |
| Oct 2017 | Series B | Prometheus Capital (lead); Qiming Venture Partners (lead) | $25M | - |
| Jun 2017 | Series B | Blue Lake Capital (lead) | $15M | - |
| Jan 2017 | Seed | ZhenFund | $100K | - |
Who has invested in Moretickets?
9 investors have backed Moretickets across its funding rounds, including Qiming Venture Partners, Blue Lake Capital, ZhenFund, Matrix Partners China, TPG and Hillhouse Investment.
Lead investors include TPG, Prometheus Capital, Qiming Venture Partners and Blue Lake Capital.
Moretickets Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jun 2017 | ||
| 2 | Lead | Oct 2017 | ||
| 1 | Participant | Jul 2018 | ||
| 1 | Participant | Jan 2017 | ||
| 1 | Participant | Jul 2018 | ||
| 1 | Participant | Jul 2018 | ||
| 1 | Lead | Oct 2017 | ||
This data is available for Pro users. Sign up to see all 9 Moretickets investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialMoretickets Competitors
Moretickets competitors include listed companies like CTS Eventim, Recruit Holdings, Uber and Prosus, and private ones like Fever and Xiaohongshu.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $3.5B | $622M | $6.3B | 1.3x | ||
| Private | - | - | $2B | - | ||
| Publicly listed | $24B | $4B | $156B | 6.0x | ||
| Publicly listed | $52B | $6.2B | $145B | 2.8x | ||
| Publicly listed | $9.7B | $1.1B | $86B | 8.0x | ||
| Private | - | - | $20B | - |
Moretickets Public Comps
Moretickets is still privately-owned, but its public comps include Amazon, Alibaba Group, Recruit Holdings, Uber, Booking Holdings, Pinduoduo, Airbnb, MercadoLibre, Prosus and DoorDash.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $717B | $161B | 3.9x | 3.5x | 17.5x | 13.8x | |||
| $153B | $15B | 1.7x | 1.6x | 17.5x | 13.0x | |||
| $24B | $4B | 6.4x | 6.0x | 37.9x | 25.2x | |||
| $52B | $6.2B | 3.0x | 2.8x | 24.9x | 14.6x | |||
| $27B | $8.3B | 4.9x | 4.6x | 15.9x | 12.4x | |||
| $64B | $14B | 0.7x | 0.7x | 3.1x | 2.8x | |||
| $12B | $2.4B | 7.2x | 6.5x | 36.3x | 18.2x | |||
| $29B | $3.7B | 3.5x | 2.6x | 27.2x | 25.1x | |||
This data is available for Pro users. Sign up to see all Moretickets competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Moretickets
| When was Moretickets founded? | Moretickets was founded in 2015. |
| Where is Moretickets headquartered? | Moretickets is headquartered in Shanghai, China. |
| Is Moretickets publicly listed? | No, Moretickets is a private, VC-backed company. |
| How much funding has Moretickets raised? | Moretickets has raised $102M across 4 funding rounds. |
| What was Moretickets' last funding round? | Moretickets' last funding round was a $62M Series C in July 2018, led by TPG. |
| Who are Moretickets' investors? | Moretickets' investors include Blue Lake Capital, Qiming Venture Partners, Matrix Partners China, ZhenFund, Nanshan Capital, Hillhouse Investment, Prometheus Capital, TPG and DCM Ventures. |
| Which companies are comparable to Moretickets? | Companies comparable to Moretickets include CTS Eventim, Fever, Recruit Holdings, Uber, Prosus and Xiaohongshu. |
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