SeatGeek, a member of the DreamIt Philly ‘09 class, announced a $35 million Series B funding round yesterday. Accel Partners — a leading early and growth-stage VC firm and a big name in the tech world — led the funding round, which was also bolstered by a number of high-profile professional athletes, musicians, and more. Peyton Manning, Eli Manning, Shane Battier, Nas, and a number of other notable investors contributed to the new round, which brings SeatGeek’s total funding to around $41 million.
The company provides a search engine that allows you to find the best deals on tickets for sporting events, concerts and theater. SeatGeek’s Deal Score™ helps you make sense of thousands of ticket listings at once to identify the best possible bargains. The tool scores each deal on a scale from 1-100 (100 = amazing deal), so that you know exactly how good a deal you are looking at.
We spoke briefly with Jack Groetzinger, co-founder at SeatGeek, about the company’s recent success and their early involvement with DreamIt back in 2009.
“At that point we had no real idea what we were doing,” Jack said, “and DreamIt helped fix that. It was a hyper-intense three months that put us on the right path. The talks and mentors were helpful, and I’m still friends with the folks we met there.”
We wish SeatGeek all the best going forward, and are extremely proud to consider them a part of the DreamIt family. If you’d like to learn more about the company, SeatGeek was recently featured in both TechCrunch and Forbes, and you can visit their DreamIt profile page to follow more news and updates as they continue to come in!