Victory Live, Inc.
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Victory Live, Inc. - overview
Established
2010
Location
Atlanta, GA, US
Primary Industry
Software
About
Victory Live, Inc. , fka Ticket Evolution, Inc. is a US-based company focused on providing a comprehensive ticketing solution for live events, facilitating seamless management of ticket sales and operations for various stakeholders in the entertainment industry. Founded in 2010 and headquartered in New York, US, Ticket Evolution, Inc.
specializes in live event ticketing solutions. In October 2022, the company was acquired by Victory Live, Inc. , a portfolio company of Clearlake Capital Group, from Raptor Capital Management and Dace Ventures. The acquisition aimed to enhance automated capabilities in event management and ticketing technology.
The CEO is Curtis Cheng, who has experience in guiding technology-driven ventures. Ticket Evolution, Inc. operates the Victory Live One platform, which is a fully integrated solution for ticketing and event management. This platform streamlines operations such as inventory management, pricing strategies, and order fulfillment, catering primarily to rightsholders, event organizers, resellers, and other stakeholders in the live entertainment sector.
The company offers solutions that improve operational efficiency and customer experience across diverse markets including North America, Europe, and select regions in Asia. The revenue model for Ticket Evolution, Inc. is based on ticket sales, subscription services, and partnerships with rightsholders and event organizers. The company facilitates transactions between ticket sellers and buyers, ensuring an efficient process for ticket acquisition and fulfillment.
Their pricing typically follows a tiered structure, adjusting for the volume of tickets sold and services utilized, and is designed to serve both small and large-scale operations effectively. Moving forward, Ticket Evolution, Inc. aims to enhance its product offerings by developing new features within its platform, with a focus on improved event management capabilities. The company plans to expand its market presence into additional geographic regions, specifically targeting Europe and growing segments in Asia by the end of 2023.
The recent acquisition in October 2022 will facilitate investment in automation technologies to boost their event management services and ticketing systems.
Current Investors
Victory Live, Inc.
Primary Industry
Software
Sub Industries
Event Management, Internet, Application Integration Software, Customer Relationship Management, Sales & Marketing Software
Website
www.victorylive.com
Verticals
Cloud Computing, E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Victory Live, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Victory Live, Inc. | - |
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