Seasonshare is targeting market expansion and technology enhancement after completing a major round of strategic funding.
The Los Angeles-headquartered flexible ticketing technology platform said the funding round marks a “significant milestone” in its growth and further validates the business’ impact on the marketplace.
Chicago-based investment firm 11 Tribes Ventures led the funding round and will join Seasonshare’s board of directors. Phoenix Capital Ventures, a leading early-stage sports-tech fund also participated in the new funding, and will remain on the company’s board of directors. The investment was confirmed in a statement, but no financial details were given.
Seasonshare, which was founded in 2017, provides its suite of subscription, last-minute and credit-based ticketing solutions to partners from across major US sports leagues. These include the NBA’s Sacramento Kings and the NHL’s New Jersey Devils.
“Seasonshare’s story continues to unfold, and this strategic funding round is a testament to the unwavering belief in our mission to make live events more accessible to the next generation of fans,” said Aaron Holland, chief executive of Seasonshare.
“With the support of these exceptional investors, we are poised to revolutionise the live events landscape and deliver unparalleled value to fans. The combined expertise of our new partners will undoubtedly unlock new levels of innovation and excellence.”
Alongside 11 Tribes and PCV, investors include Techstars Ventures, Regatta Ventures, LAGO Innovation Fund, Andover Ventures, and Omnidollar Ventures.
“We believe that this funding round is a true inflection point for Seasonshare and will lead to significant growth across all parts of their business,” said Mark Phillips, managing partner of 11 Tribes Ventures.
“Aaron, Robert [Beadle, COO], and the entire Seasonshare team showed great resilience and aptitude as they pulled together this round of funding in a very difficult fundraising environment. We are excited to partner with them as they grow this category-defining technology in the world of sports and entertainment ticketing.”