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FEVO
E-commerce technology allowing friends to purchase together
- 101-200 employees
- B2C
- B2B
- Lifestyle
- Music
- Events
- Community
- eCommerce
- West Village, New York, NY
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Company mission
To disrupt the world of e-commerce, making every transaction on every site a social memorable occasion.
Our take
FEVO is dedicated to making e-commerce more rooted in community. It offers customers a platform to which they invite their friends so they can purchase together. By marrying e-commerce with social media, the ticket-purchasing experience becomes more collaborative, fun and easy for customers whilst enabling brands to retrieve data to help build their own social graphs and identify valuable customers.
Since its fruition in 2016, FEVO has encountered other players in the field, including nhl.com and f1miamigp.com, but has quickly become the market leader in live events, most prominently sports. It has accrued over 600 partners, including Ticketmaster and Pacciolan, and almost 90% market share, seeing the revenue growth accelerate year-on-year.
FEVO is now expanding into retail and travel e-commerce. In 2022 it partnered with HotelPlanner, a collaboration that furthers FEVO’s goal of offering an end-to-end itinerary for customers. Alongside product expansion, FEVO has ambitious aims to expand geographically through partnerships, most notably with GoogleCloud, with current movement in the UK market.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Flexible work location (work remotely, in NYC HQ, or hybrid approach)
- Stock option program
- Robust insurance coverage
- 6 months paid parenthood leave
- 2 weeks paw-ternity leave
- Unlimited PTO
- NYC HQ in the heart of Meatpacking District
- Complimentary Wellness programs
- Abundant FEVO swag
Funding (last 2 of 5 rounds)
Dec 2022
$16.6m
SERIES C
Nov 2019
$18.2m
SERIES B
Total funding: $57.5m
This company has top investors
Leadership
Ari Daie
(CEO)Previously co-founded NRG Studios, which was sold at 13x revenue. Has served as an Investment Banker at Goldman Sachs, Head of Strategy and Revenue at Bosch USA and Head of Strategic Partnerships at Live Nation Entertainment.