Ticketfly
| Company type | Private |
|---|---|
| Industry | Ticket sales |
| Founded | January 1, 2008 in San Francisco, California, United States |
| Founder | Andrew Dreskin |
| Fate | Acquired by Eventbrite in 2018; discontinued as standalone service |
| Headquarters | San Francisco , United States |
Area served | United States, Canada |
Key people | Andrew Dreskin (CEO) |
| Products | Ticket distribution platform |
| Parent | Eventbrite (2018–present) |
Ticketfly was established in 2008 in San Francisco, California, as a ticket distribution platform and was later acquired by Eventbrite in 2018. The company was headed by CEO Andrew Dreskin, who previously co-founded Ticketweb (currently owned by Ticketmaster). In 2013, Ticketfly generated $500 million in revenue, handling over 11.2 million tickets for more than 80,000 events throughout Canada and the United States.
After securing $37 million in funding from investors such as Sapphire Ventures, Mohr Davidow Ventures, and High Peaks Venture Partners, Ticketfly distinguished itself from Ticketmaster by offering reduced fees and improved social media tools tailored for event promoters. Between 2012 and 2015, the platform grew its venue partnerships significantly, expanding from serving 360 venues to over 1,100 across the country.
On October 7, 2015, Pandora acquired Ticketfly in a transaction valued at $450 million involving both cash and stock. This acquisition aimed to complement Pandora’s streaming services. Pandora CEO Brian McAndrews emphasized the opportunity to utilize the engaged audiences of both platforms to increase ticket sales and strengthen connections between artists and their fans.
Pandora later sold Ticketfly to rival Eventbrite for $200 million on June 9, 2017.
A significant security breach occurred on May 31, 2018, impacting Ticketfly’s clients and customers. This incident forced a temporary shutdown of the website and exposed personal details of roughly 26 million users, including names, addresses, and phone numbers.
In November 2018, Eventbrite revealed its intention to discontinue Ticketfly as a standalone service and merge its music-oriented capabilities into Eventbrite’s main platform.