Eventbrite Crosses $2 Billion in Ticket Sales for Event Organizers
Global Ticketing Platform Experiences Explosive Growth: 25% of Eventbrite's Gross Ticket Sales Were Processed in the Last Six Months
SAN FRANCISCO, CA--(Marketwired - Sep 25, 2013) - Eventbrite, the leading self-service, online ticketing platform, today announced it has processed $2 billion in gross ticket sales* for organizers worldwide since the company was founded in 2006. In March of 2013, Eventbrite announced it had crossed the $1.5 billion mark, which means that 25% of the total gross ticket sales for organizers were processed in the last six months.
Nearly 60,000 organizers around the world use Eventbrite each month to manage, promote and sell tickets and registrations to events of all sizes and types -- from small classes, book signings and networking gatherings, to concerts, festivals and conventions for tens of thousands of attendees. "This accelerated growth and global adoption signifies the universal need for a simple, yet robust, platform which helps organizers sell tickets and promote their events," said Julia Hartz, Co-Founder and President of Eventbrite. "Our extensive experience helping organizers with millions of events informs the choices we're making today. We remain laser focused on building our team and platform to provide the best innovation for organizers, large and small -- and are ready to put even more power into our global presence."
Eventbrite's rapid growth can be attributed to two core areas of focus for the company
International expansion: The Eventbrite platform is localized in 14 countries and seven languages, and was used by organizers and attendees in 179 countries in the last year. Additionally, the company leveraged a round of $60M in additional funding from T. Rowe and Tiger Capital earlier this year to acquire Latin American event platform Eventioz and UK-based event data company Lanyrd. The recent acquisitions and focus on building the international operations complements the strong organic adoption of Eventbrite worldwide.
Category growth: While Eventbrite is still very much a multi-faceted horizontal platform servicing event organizers of all shapes and sizes, the company has made a deliberate push in a few key event categories, including music, festivals, endurance sports and conferences. Recent notable wins in these categories include worldwide partnership with Tough Mudder, Disco Donnie Presents, Tribeca Film Festival, and Governors Ball.
In order to support this rapid growth, Eventbrite has aggressively hired technical and support talent, and deepened their executive bench. With 300 employees in three offices around the world, the company recently added CFO, Mark Rubash; VP of Strategy, Randy Befumo; and VP of Business Development EMEA, Limvirak Chea.
*This figure does not include ticket sales from Eventbrite's recent acquisition of Latin American ticketing company Eventioz.
Eventbrite has helped millions of people around the world to plan, promote, and sell out any event, and has processed over 130 million tickets worldwide equalling more than $2 billion in gross ticket sales. The online event registration service makes it easy for anyone to discover events, and to share the events they are attending with the people they know. In this way, Eventbrite brings communities together by encouraging people to connect through live experiences. Eventbrite's investors include DAG Ventures, Sequoia Capital, T. Rowe Price, Tenaya Capital and Tiger Global. Learn more at www.eventbrite.com.