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atVenu

atVenu Expands Live Event Platform with $130 Million Equity Boost

October 9, 2024 by Newsdesk

Calgary-born atVenu has secured a $130 million equity investment from Sixth Street Growth to further expand into live event markets. Founded in 2012, atVenu’s platform provides inventory management, point-of-sale, and financial settlement services tailored to live events, such as concerts, festivals, and sporting events.

The company, co-founded by Derek Ball, Ben Brannen, and James Seigel, serves major touring artists, record labels, and venue operators, handling over $1.6 billion in annual merchandise and food sales. The new partnership will allow atVenu to grow its presence in the sports and food sectors while enhancing its music merchandise leadership.

Want to know more? Check out the source code on Calgary.tech.

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