Hearst Ventures Looks to ScoreBig with $18M Funding
October 29, 2014
ScoreBig, an online marketplace for live event tickets, has announced $18 million in new VC funding led by Hearst Ventures. Coming almost 14 months after raising $10 million at a valuation of over $100 million, the financing will be used to expand ScoreBig's online and mobile product, further its strategic partnerships and grow consumer awareness. Founded in 2009, the company allows users to bid on unsold tickets for games, concerts and more, sometimes accepting requests as much as 60% off the box office price. Existing investors include Bain Capital Ventures, U.S. Venture Partners and Checketts Partners Investment Fund.