(Newport Beach, CA) Ticket Guardian is guided by its mission statement; to enhance the experience of the live event, through, the option of protecting the admissions ticket. However, like all businesses, Ticket Guardian ran into some funding problems. Fortunately, Ticket Guardian was able to solve, those funding problems. Recently; Ticket Guardian revealed that it has completed a Series A funding round, and, it has added new investors. Additionally, and as a result of the funding round, it has acquired $8 million USD. Ticket Guardian’s newest investors are American Family Ventures, and, IA Capital Group. Overall and to date, the aforementioned business has secured $13 million USD, in order, to continue its business operations.
The cumulative $13 million dollars, will fuel the growth of Ticket Guardian’s proprietary software technology. Additionally, its products and services, is also included, in the previously noted. Ticket Guardian is owned by, Protecht, Inc. Additionally, it is in the insurtech business sector of the economy. Through its proprietary software technology, it fills space in the live events sector of the economy. Specifically; Ticket Guardian connects platforms, venues and event organizers. The previously said, are in turn made available, and connected to, the fans. The idea is to create a better fan experience, as a result, of the entire process. Additionally, it makes available, real time data and analytics. In other words, Ticket Guardian is the brain, for a sustainable live events ecosystem. Bryan Derbyshire is the Founder and the C.E.O. of Ticket Guardian. Through a press statement, Mr. Derbyshire said the following. “This new injection of capital will enable us to grow our company, our services and our customer base. Along with the expertise of our investors, it allows us to continue our innovation and remain the insurtech thought leader in the live event space.”
Ticket Guardian interacts with the public, through, its completely owned subsidiary; Fan Shield, LLC. The previously mentioned business and enhanced experience, in actuality, is insurance. To be exact about the experience, a purchased admissions ticket, can be insured through simple registration. Ticket Guardian reports that every 45 seconds, someone purchases their insurance products; interestingly enough. The actual registration, and the insurance products, is available through Fan Shield. The latter; aims at bridging the gap between the fun & excitement of a live event, and, the realities of a world that doesn’t offer refunds. Insurance packages are available for admissions tickets, registrations and for the organized event. In reference to, an organized event, the aforementioned includes the following types of examples. Music events, sports events, endurance events and business related conferences are the types of examples; for organized event examples.
As previously said; American Family Ventures, and, IA Capital Group are Ticket Guardian’s newest investors. Combined, they are contributing $8 million dollars. Drew Aldrich is a Principle at American Family Ventures. Through a press statement, Mr. Aldrich said the following. “TicketGuardian is fundamentally reshaping the way that live event ecosystems protects their investments. We are excited about its vision, technology and the incredible opportunity. We’re thrilled to join with them to continue to enable their significant growth.” Drew Aldrich also said. “We are extremely excited to be partnering with TicketGuardian as it has built the first live events industry-focused insurtech platform.” Matt Perlman is a Principal at IA Capital Group. Through a press statement, Mr. Perlman said the following. “TicketGuardian embodies the future of insurtech, providing a frictionless customer experience and peace of mind while augmenting the enterprise technology of its key platform partners.”
To end, Bryan Derbyshire concluded his press statement by stating. “We now securely power real decision-making data to ensure the best experience across the board for our partners and their attendees. Our exponential growth is proof that the live events industry is begging for change. This industry has responded with open arms and is embracing a better customer experience.” As previously stated; Ticket Guardian recently revealed that it has completed a Series A funding round, and, it has added new investors. As a result of the funding round, it has acquired $8 million USD. Ticket Guardian’s newest investors are American Family Ventures, and, IA Capital Group. Overall and lastly, the aforementioned business has secured $13 million USD, to be able to, continue its business operations.
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Written from Press Release
Registered Writer with
PR Newswire Association, LLC
R-Berumen28
12/19/2018
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