Ticket aggregation company TiqIQ announced that it had closed an undisclosed amount of Series A financing led by Contour Venture Partners, with participation from iNovia Capital and numerous angels. According to regulatory filings, the Series A came in at roughly $1.7 million.
TiqIQ, the leading ticket aggregator, today announced that it has closed a Series A financing led by Contour Venture Partners, with participation from iNovia Capital and numerous angels, including Joe Zawadzki, CEO of MediaMath
A little over a year after launching, TiqIQ has become the leading event ticket aggregator as well as one of the top 20 trafficked ticket sites online, according to TicketNews.com. TiqIQ is also the only buying platform that provides consumers with three distinct ways to buy: Fixed Price, Auctions and Make An Offer deals. “Our goal is to give ticket buyers a new level of control and transparency in the ticket buying experience,” said CEO Jesse Lawrence.
Through their proprietary technology platform, TiqIQ provides real-time price trends for every section of a venue, enabling consumers to track prices, identify when to buy, and determine how much to spend. TiqIQ also brings innovation to the market through All-In Prices, which exposes all fees to buyers upfront. Since its launch, TiqIQ has provided ticket shoppers with the best selection of buying options in one place from major sellers like eBay, The NFL Ticket Exchange, StubHub, TicketsNow and ScoreBig.
In addition to TiqIQ.com, TiqIQ reaches ticket buyers through its vast publisher network that now consists of nearly 1,000 sites, including Washington Post, New York Post, SBNation and many of the leading independent sports and music blogs around the country. “We want to give fans access to information on the dynamically changing ticket market anywhere they are consuming content related to a team or artist of interest,” said Lawrence.
“We are excited to be investing in TiqIQ, which brings breadth and transparency to the secondary ticketing market through its robust data and analytics platform and its deep local publisher partnerships across the country,” said Matt Gorin, Co-founder and Managing Partner at Contour.
According to Quantcast.com, TiqIQ’s platform generated almost 5 million visits in November. “We’re thrilled at the reception our platform has received from buyers and publishers alike,’ said Lawrence. “We are looking forward to continuing to deliver innovative ticketing solutions to our fast-growing user base in 2012.”
TiqIQ aggregates event tickets from leading ticket sellers across the Web to help consumers find the best deals for live sports, music and theater. Through their partnerships with leading national and local sellers, TiqIQ’s platform provides consumers with a real-time view of the ticket market and surfaces the best deals for any event. TiqIQ is also the leading provider of co-branded commerce solutions for Websites like The Washington Post, New York Post and hundreds of blogs interested in monetizing their local audience through contextual commerce. TiqIQ is a New York based company with development offices in Tel Aviv, Israel.