Atom Tickets LLC.
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Atom Tickets LLC. - overview
Established
2014
Location
Santa Monica, CA, US
Primary Industry
Internet
About
Atom Tickets LLC. is a digital platform that simplifies the movie-going experience by allowing users to find and purchase movie tickets efficiently through its app and website. Founded in 2014 in Santa Monica, California, Atom Tickets LLC. provides a platform for purchasing movie tickets online.
The company has successfully raised a total of USD 60. 00 mn through various funding rounds, including a Series C round led by Fidelity Investments on March 8, 2018, with key participation from Lionsgate, The Walt Disney Company, and Twenty-First Century Fox, Inc. The company has completed 3 deals to date, demonstrating its engagement in the investment landscape. Matthew Bakal, a key figure in the company, has prior entrepreneurial experience, although specific previous ventures are not detailed.
Atom Tickets provides an innovative platform that streamlines the movie-going experience by offering a comprehensive app and website dedicated to finding and purchasing movie tickets. Their primary offerings include the ability to search for new movie releases, buy tickets for showtimes, and access special events at theaters. Atom Tickets targets movie enthusiasts by enhancing the ticket purchasing process, allowing users to easily locate films playing in theaters nearby and manage their ticket information seamlessly. The company serves a diverse customer base that includes individuals looking for entertainment options, families planning outings, and groups of friends.
Atom's services are available in multiple geographical markets across the United States, catering to urban and suburban areas alike, ensuring that consumers can enjoy the latest films regardless of location. Atom Tickets generates revenue primarily through ticket sales transactions facilitated via its platform, which connects theaters with moviegoers. The business operates on a direct-to-consumer model where users can purchase tickets for individual movie showings, with the possibility of added services or premium features that may enhance the user experience. This transaction structure includes collaborations with theater chains to provide a broader selection of films and showtimes while also potentially offering promotional deals or discounts to attract customers.
Atom Tickets' flagship service is its ticket purchasing platform, which not only simplifies the buying process but may also include functionality for managing ticket promotions and loyalty programs. The pricing structure for movie tickets typically aligns with industry standards, reflecting the cost of access to popular films across various theaters. In March 2018, Atom Tickets secured USD 60. 00 mn in Series C funding led by Fidelity Investments, with participation from additional investors such as 21st Century Fox, Lionsgate, and Walt Disney Co.
This funding is anticipated to support the development of new features and enhancements to the platform. The company is exploring opportunities to expand its services into new markets and geographic regions, although specific areas of expansion have yet to be detailed. The resources from the recent funding round will be critical in advancing these initiatives and enhancing the customer experience.
Current Investors
Fidelity Investments, The Walt Disney Company, Lions Gate Entertainment Corp.
Primary Industry
Internet
Sub Industries
Recreational & Entertainment Facilities, Social Networking & Communication Platform, Search Engines, Music & Video Streaming Software, Information Services
Website
www.atomtickets.com
Verticals
E-commerce, Mobile Apps
Company Stage
Series C
Total Amount Raised
Subscriber access only

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