FanXchange

FanXchange

Ticket marketplace focused on streamlining the way consumers access live events via a distributed commerce model. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD82m (Public information from Apr 2019)
Toronto Ontario (HQ)
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DateInvestorsAmountRound
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N/A

-
N/A

$550k

Seed
N/A

$1.9m

Angel
N/A

$2.0m

Angel
N/A

$5.5m

Series A

$5.0m

Series B
N/A

$6.0m

Series B

$60.0m

Valuation: $60.0m

Acquisition
Total FundingCAD28.5m

Recent News about FanXchange

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Fanxchange.com is a dynamic startup operating in the secondary ticket marketplace, primarily serving individuals looking to buy or sell event tickets. The company caters to a broad range of clients, including sports enthusiasts, concert-goers, and theater lovers. Fanxchange operates in the live entertainment market, which includes sports events, concerts, theater performances, and other live shows.

The business model of Fanxchange is straightforward yet effective. It acts as an intermediary platform where users can list their tickets for sale and buyers can purchase them. The company makes money by charging a service fee on each transaction. This fee is typically a percentage of the ticket sale price. Additionally, Fanxchange may also earn revenue through partnerships and affiliate marketing, where they get a commission for driving traffic or sales to other businesses.

Fanxchange's platform is user-friendly, allowing sellers to easily list their tickets by providing details such as section, row, and seat numbers. Buyers can search for tickets based on various criteria like quantity, price, and seat location. The platform ensures transparency by showing whether seats are side-by-side and if there are any obstructions or limited views.

The company also offers a mobile app, making it convenient for users to manage their listings and purchases on the go. The app includes features for confirming or rejecting sales, transferring electronic tickets, and removing listings if the seller changes their mind.

In summary, Fanxchange.com provides a seamless and efficient way for users to buy and sell tickets for live events, ensuring a smooth experience for both buyers and sellers.

Keywords: secondary ticket marketplace, live entertainment, sports events, concerts, theater, intermediary platform, service fee, user-friendly, mobile app, ticket listing.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.