Fever raises $250m in primary equity financing to expand its live experiences marketplace
EQT-led investment will fund geographic expansion and technology for the event partners that use Fever to reach audiences.
Discovery and distribution for live events
Fever connects consumers with concerts, festivals, immersive exhibitions, attractions and other live experiences through its app and website. For organisers, the platform combines ticketing with audience reach, marketing and demand insights, helping partners promote events and understand how customers respond.
Expansion backed by positive earnings
Fever says it operates in more than 55 countries and that revenue more than tripled over three years while EBITDA remained positive. The $250 million primary equity financing, led by EQT, will support expansion into new geographies and entertainment categories, along with technology that helps partners optimise ticketing and reach audiences.
Use of funds
Expand geographic reach beyond its existing 55-country footprint and deepen across entertainment categories
Invest in technology and tools that help experience partners understand demand, reach audiences, optimise ticketing and enter new markets