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

ChinaShanghai

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

Moretickets funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2018Series CTPG (lead); Matrix Partners China; Nanshan Capital; Blue Lake Capital; Qiming Venture Partners; Hillhouse Investment; DCM Ventures$62MMoretickets 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 2017Series BPrometheus Capital (lead); Qiming Venture Partners (lead)$25M-
Jun 2017Series BBlue Lake Capital (lead)$15M-
Jan 2017SeedZhenFund$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

Investors in Moretickets by funding rounds participated
InvestorHQRoundsRoleFirst check
Blue Lake CapitalChinaChaoyang2LeadJun 2017
Qiming Venture PartnersChinaShanghai2LeadOct 2017
Matrix Partners ChinaChinaBeijing1ParticipantJul 2018
ZhenFundChinaBeijing1ParticipantJan 2017
Nanshan CapitalChinaShenzhen1ParticipantJul 2018
Hillhouse InvestmentSingaporeSingapore1ParticipantJul 2018
Prometheus CapitalChinaBeijing1LeadOct 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 Trial

Moretickets Competitors

Moretickets competitors include listed companies like CTS Eventim, Recruit Holdings, Uber and Prosus, and private ones like Fever and Xiaohongshu.

Public and private companies comparable to Moretickets
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CTS EventimGermanyGermanyPublicly listed$3.5B$622M$6.3B1.3x
FeverUnited StatesNew York City, NYPrivate--$2B-
Recruit HoldingsJapanJapanPublicly listed$24B$4B$156B6.0x
UberUnited StatesUnited StatesPublicly listed$52B$6.2B$145B2.8x
ProsusNetherlandsNetherlandsPublicly listed$9.7B$1.1B$86B8.0x
XiaohongshuChinaShanghaiPrivate--$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Amazon$717B$161B3.9x3.5x17.5x13.8x
Alibaba Group$153B$15B1.7x1.6x17.5x13.0x
Recruit Holdings$24B$4B6.4x6.0x37.9x25.2x
Uber$52B$6.2B3.0x2.8x24.9x14.6x
Booking Holdings$27B$8.3B4.9x4.6x15.9x12.4x
Pinduoduo$64B$14B0.7x0.7x3.1x2.8x
Airbnb$12B$2.4B7.2x6.5x36.3x18.2x
MercadoLibre$29B$3.7B3.5x2.6x27.2x25.1x

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.

See companies similar to Moretickets

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial