SeatGeek Revenue, Valuation, Funding & Investors
SeatGeek is valued at $1.2B as of August 2022, a 6.5x multiple on its last reported $186M revenue.
Last SeatGeek valuation
$1.2B
Series E · Aug 2022
Last SeatGeek funding round
$238M
Series E · Aug 2022
SeatGeek revenue
$186M
Series E · Aug 2022
Key investors in SeatGeek
Accel
TCV
Wellington Management
CEAS Investments
Glynn Capital Management
Teamworthy Ventures
About SeatGeek
SeatGeek is a New York-headquartered ticket marketplace aggregating listings for sports, concerts, and theater events. Launched in 2009, its Deal Score algorithm rates ticket value from 0 to 100, while discovery tools via apps integrate user preferences for personalized recommendations through partnerships like Spotify.
Founded
2009
HQ
New York City, NYWebsite
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Revenue
$186M (Aug 2022)
Valuation
$1.2B (Aug 2022)
SeatGeek Valuation
SeatGeek is currently valued at $1.2B, based on its Series E in August 2022.
The $238M round was led by Accel, with participation from Wellington Management, Arctos Sports Partners and Ryan Smith.
SeatGeek's valuation has grown 6.0x from $200M at its Series C in April 2015 to $1.2B in August 2022, across 2 priced rounds.
SeatGeek valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Aug 2022 | Series E | $1.2B | 6.5x |
| Apr 2015 | Series C | $200M | - |
SeatGeek Revenue
SeatGeek's latest recorded revenue is $186M, as of its Series E in August 2022. At a $1.2B valuation, that implies a 6.5x revenue multiple.
SeatGeek revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Aug 2022 | $186M | $1.2B | 6.5x | Series E |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
SeatGeek Funding History
SeatGeek has raised a total of $394M across 5 funding rounds.
SeatGeek's first fundraising round was a $2M seed round in December 2013. The most recent completed round was a $238M Series E in August 2022.
SeatGeek funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2022 | Series E | Accel (lead); Wellington Management; Arctos Sports Partners; Ryan Smith | $238M | $1.2B | SeatGeek is a mobile-first ticketing platform that provides seamless experiences for buying and selling tickets to sports, concerts, and theater events, leveraging tools like Deal Score and personalized recommendations. It powers ticketing for over 200 partners including the Arizona Cardinals, Dallas Cowboys, and Brooklyn Nets, with products such as Rally for personalized fan experiences, SeatGeek Swaps for ticket returns, a fan marketplace, and end-to-end ticketing software for teams and venues. In August 2022, SeatGeek raised $238 million in a Series E funding round led by Accel, with participation from Wellington Management, Arctos Sports Partners, and Ryan Smith of Smith Entertainment Group and Qualtrics. The round came after terminating a SPAC merger with RedBall Acquisition Corp., which had proposed a $2 billion valuation but was abandoned amid market volatility. Sources report post-money valuations of $1 billion or roughly $1.2 billion for this round, with the raise being oversubscribed to support product development, customer investments, and partner expansion. SeatGeek demonstrated strong growth, exceeding predictions with $186.3 million in net revenue in 2021 and projecting to double revenue in 2022. The company had raised over $400 million total across multiple rounds prior to this, attracting investors like TCV and Glynn Capital Management. This funding underscores SeatGeek's trajectory in a competitive ticketing market, focusing on tech infrastructure and market expansion despite shifting public market conditions. |
| Apr 2017 | Series D | Glynn Capital Management (lead); Teamworthy Ventures; Elysian Park Ventures; Doug Atkin; TCV; Mousse Partners; Causeway Media Partners; Accel; CEAS Investments | $57M | - | SeatGeek is a mobile-first ticketing platform that provides consumers with tools to discover and purchase tickets to sports, concerts, and theater events across the United States and internationally. The company had pivoted from a secondary market ticket aggregator to focus on the primary ticketing market and served as the official ticketing partner of Major League Soccer. In April 2017, SeatGeek raised a $57 million Series D funding round led by Glynn Capital Management, with participation from existing investors including Accel Partners, Causeway Media Partners, Haystack Partners, Mousse Partners, and Technology Crossover Ventures. The funding enabled SeatGeek to acquire TopTix, an Israel-based ticketing technology company that powered ticketing for 500 clients in 16 countries and processed 80 million tickets annually, representing the company's largest acquisition to date. By combining SeatGeek's consumer-focused user experience with TopTix's backend primary ticketing infrastructure, the company sought to create a comprehensive full-stack ticketing platform positioned to compete against legacy ticketing incumbents. Following this Series D round, SeatGeek's total funding reached approximately $160 million, and the company employed over 250 people across nine offices globally. |
| Apr 2015 | Series C | TCV (lead) | $62M | $200M | SeatGeek, a mobile-first ticketing platform launched in 2009, raised $62 million in its Series C funding round on April 2, 2015, led by Technology Crossover Ventures (TCV), with participation from Accel, Causeway Media Partners, and Mousse Partners. This brought the company's total funding to $103 million at that time. The capital was primarily allocated to expand consumer marketing efforts in North America and grow the team from 64 to over 110 employees by the end of 2015. One source indicated a valuation of approximately $200 million post-round. SeatGeek differentiated itself through features like interactive stadium maps, the Deal Score algorithm, and a strong mobile experience, with over 3 million app downloads and 60% of users accessing via mobile. The funding aimed to challenge competitors like StubHub, particularly in mobile ticketing for sports, concerts, and theater events. Prior rounds included a $35 million Series B in August 2014 led by Accel. SeatGeek continued raising capital in later years, including a $57 million Series D in 2017 and a $238 million Series E in 2022, reaching a $1.2 billion valuation by August 2022, with total funding exceeding $400 million from investors like Accel and Glynn Capital Management. |
| Aug 2014 | Series B | Accel (lead) | $35M | - | SeatGeek, a leading ticket search engine launched in 2009, raised a $35 million Series B funding round on August 28, 2014, led by Accel Partners with participation from Causeway Media Partners, Super Bowl MVPs Peyton and Eli Manning, Nas, Melo7 Tech Partners, and others. The financing aimed to grow the team, expand the product, and accelerate marketing, particularly on mobile platforms, where 70% of visits and 45% of transactions originated. Accel partner John Locke joined the board alongside founders Jack Groetzinger and Russ D’Souza and David Frankel from Founder Collective, which had seeded the company in 2010. This brought total funding to around $41 million at the time. In August 2014, SeatGeek was on pace to drive $13 million in ticket sales for the month, marking a 50% increase over July, with expectations to drive over $160 million in ticket sales for the full year 2014. Unique features like interactive stadium maps and the Deal Score algorithm contributed to its atypical growth as a top destination for live event tickets across resale sites like StubHub. The company planned to enhance its mobile apps, with a focus on improving the Android app and enabling easier ticket delivery on phones. SeatGeek positioned itself at the forefront of web and mobile ticketing amid a transforming sports and entertainment marketplace driven by technology to enhance fan experiences. Investors like Causeway Media Partners' Wyc Grousbeck highlighted its leadership potential. This 2014 round supported scaling user acquisition, which had recently become viable. |
| Dec 2013 | Seed | - | $2M | - | - |
Who has invested in SeatGeek?
12 investors have backed SeatGeek across its funding rounds, including Accel, TCV, Wellington Management, CEAS Investments, Glynn Capital Management and Teamworthy Ventures.
Lead investors include Accel, Glynn Capital Management and TCV.
SeatGeek Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Palo Alto, CA | 3 | Lead | Aug 2014 | |
| San Francisco, CA | 2 | Lead | Apr 2015 | |
| Boston, MA | 1 | Participant | Aug 2022 | |
| United States | 1 | Participant | Apr 2017 | |
| Dallas, TX | 1 | Participant | Aug 2022 | |
| Los Angeles, CA | 1 | Participant | Apr 2017 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Doug Atkin | New York City, NY | 1 | Participant | Apr 2017 |
| New York City, NY | 1 | Participant | Apr 2017 | |
| Ryan Smith | New York City, NY | 1 | Participant | Aug 2022 |
| United States | 1 | Participant | Apr 2017 | |
This data is available for Pro users. Sign up to see all 12 SeatGeek 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 TrialAcquisitions by SeatGeek
SeatGeek has acquired 1 company to date.
Last acquisition by SeatGeek was on April 19th 2017. SeatGeek acquired TopTix for $56M.
Latest Acquisitions by SeatGeek
| Description | TopTix is a ticketing software provider founded in 2000 with its SRO platform supporting over 500 institutions across 16 countries including the Royal Concertgebouw in the Netherlands, J. Paul Getty Museum and Ravinia Festival in the USA, English National Opera and West Bromwich Albion Football Club in the UK, and Joburg Theatre in South Africa. |
| HQ Country | |
| HQ City | Charleston, SC |
| Deal Date | 19 Apr 2017 |
| Valuation | $56M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all SeatGeek acquisitions and their M&A valuation multiples. Start Free Trial | |
SeatGeek Competitors
SeatGeek competitors include listed companies like Maoyan Entertainment and CTS Eventim, and private ones like Fever, Droom, The Good Glamm Group and Chrono24.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| New York City, NY | Private | - | - | $2B | - | |
 China | Publicly listed | $691M | $124M | $596M | 0.1x | |
 Germany | Publicly listed | $3.5B | $622M | $6.3B | 1.3x | |
 Haryana | Private | $54M | - | $1.2B | 22.2x | |
| New Delhi | Private | $120M | - | $1.2B | 10.0x | |
| Karlsruhe | Private | $215M | - | $1.2B | 5.4x |
SeatGeek Public Comps
SeatGeek is still privately-owned, but its public comps include BuySell Technologies, The RealReal, Alma Media, Yelp, Baltic Classifieds Group, Upwork, Mony Group, Izumi Co, Tripadvisor and LegalZoom.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $647M | $70M | 1.8x | 1.4x | 16.2x | 11.8x | |||
| $693M | $15M | 2.2x | 2.0x | 99.6x | 24.6x | |||
| $377M | $110M | 3.8x | 3.7x | 13.1x | 11.6x | |||
| $1.5B | $251M | 0.8x | 0.8x | 4.5x | 3.4x | |||
| $102M | $79M | 11.2x | 10.9x | 14.5x | 14.1x | |||
| $788M | $180M | 1.0x | 1.1x | 4.6x | 3.6x | |||
| $599M | $184M | 2.3x | 2.3x | 7.5x | 7.1x | |||
| $3.7B | $300M | 0.6x | 0.6x | 6.9x | 6.8x | |||
This data is available for Pro users. Sign up to see all SeatGeek competitors and their valuation data. Start Free Trial | ||||||||
Common questions about SeatGeek
| When was SeatGeek founded? | SeatGeek was founded in 2009. |
| Where is SeatGeek headquartered? | SeatGeek is headquartered in New York City, NY, United States. |
| Is SeatGeek publicly listed? | No, SeatGeek is a private, VC-backed company. |
| What is SeatGeek's valuation? | SeatGeek was last valued at $1.2B in its Series E in August 2022. |
| How much funding has SeatGeek raised? | SeatGeek has raised $394M across 5 funding rounds. |
| What was SeatGeek's last funding round? | SeatGeek's last funding round was a $238M Series E in August 2022, led by Accel. |
| Who are SeatGeek's investors? | SeatGeek's investors include Accel, TCV, Wellington Management, Teamworthy Ventures, Arctos Sports Partners, Elysian Park Ventures, Doug Atkin, Mousse Partners, Ryan Smith, Causeway Media Partners and 2 others. |
| What is SeatGeek's revenue? | SeatGeek's latest recorded revenue is $186M (August 2022). |
| What is SeatGeek's revenue multiple? | SeatGeek's latest valuation implies a 6.5x revenue multiple ($1.2B valuation on $186M of revenue). |
| Which companies are comparable to SeatGeek? | Companies comparable to SeatGeek include Fever, Maoyan Entertainment, CTS Eventim, Droom, The Good Glamm Group and Chrono24. |
| How many companies has SeatGeek acquired? | SeatGeek has acquired 1 company, including TopTix. |
| What was the largest acquisition by SeatGeek? | The $56M acquisition of TopTix in April 2017 is the largest acquisition SeatGeek has made to date. |
See companies similar to SeatGeek
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.