Brighton Park Capital, an investment firm focused on entrepreneur-led, growth-stage companies, today announced a $250 million investment in TickPick, the modern transparent ticket marketplace transforming the event ticketing industry, to accelerate its growth and scale operations. This represents the largest fundraise in the ticketing industry to date.
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TickPick and Brighton Park Capital also announced today that Symphony Ventures, Rory McIlroy’s investment partnership, has joined as a strategic investor. This partnership aims to help TickPick expand its platform to reach new audiences.
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Symphony’s participation underscores robust confidence in TickPick’s market position and growth potential, a testament to the strong brand appeal and loyal customer base that TickPick has built over the last 13 years. Symphony’s support will enable TickPick to further enhance its offerings, positioning the company to capitalize on expansion opportunities within the live events industry.
TickPick has been revolutionizing the ticketing marketplace industry with its all-in, no-fee pricing model, ensuring that fans always know exactly what they are paying for without any hidden costs. Furthermore, TickPick’s modern, mobile-first platform provides both buyers and sellers a seamless end-to-end user experience, while offering unique features such as Price Tracking and Price Freeze which allow consumers to make informed purchasing decisions and secure the best deals. TickPick has experienced remarkable growth in its user base and sales volume, with 14 million mobile app downloads resulting in total sales increasing 8x over the past three years to nearly $1 billion of ticket sales today, while saving customers over $180 million in service fees alone along the way.
“We’re thrilled to announce our latest growth investment, which will help accelerate our ability to transform the ticketing industry,” said Chris O’Brien, TickPick Co-Founder and Co-CEO. “We founded TickPick with the unwavering commitment to deliver a transparent and hassle-free ticket-buying experience for consumers. This investment will allow us to deepen this commitment by accelerating the pace of product innovation, raise our brand awareness, and reach more customers than ever before.”
Brett Goldberg, TickPick Co-Founder and Co-CEO, commented, “We have built a relationship with Brighton Park over many years and the firm is our clear partner of choice given its strong track record of partnering with founder-led companies and marketplace platforms, which we believe will help us continue to scale the business and drive a lasting impact.”
“TickPick has demonstrated tremendous growth by offering a strong value proposition that both enhances the customer experience and removes one of the biggest pain points for consumers with its no-fee model,” said Kevin Magan, Partner at Brighton Park Capital. “TickPick’s recent growth and partnerships with some of the largest sports leagues and teams in the world is a testament to their appeal among a broad customer base, and we’re excited to partner with Brett, Chris and the incredibly talented TickPick team as they continue to disrupt the ticketing industry.”
TickPick’s exemplary approach to transparency through its all-in pricing model has garnered many accolades. As highlighted in a recent White House press release1, TickPick was recognized for “displaying up-front, all-in pricing since its inception in 2011,” pioneering the new standard of transparency in the industry. This approach demonstrates the high level of consumer trust and satisfaction placed in TickPick, and has led to recent and new key partnerships with professional sports teams:
About TickPick
TickPick was founded in 2011 by Co-CEO’s Brett Goldberg and Chris O’Brien who saw an unmet need in the market for a cost-effective, transparent solution that puts the consumer first. No Fees. More Savings. Among the fastest growing technology companies, TickPick is reshaping the ticket marketplace industry, putting money back in the wallets of live event-goers. Since our inception, we have saved our customers over $180 million in service fees alone. TickPick’s Best Price Guarantee backs up our promise to deliver better prices than their competition.
