NEW YORK, Aug. 24, 2016 /PRNewswire/ -- TiqIQ, a leading online marketplace for sports and live events, today announced it has relaunched as TicketIQ (www.TicketIQ.com), which provides consumers access to real-time market analytics and the largest selection of tickets represting over 90% of all inventory available in the secondary market. TicketIQ receives inventory directly from brokers and fans as well as through marketplaces such as the NFL Ticket Exchange and SeatSmart. TicketIQ also sells tickets directly from over 10 primary platforms, from Ticketmaster to Eventbrite.
As part of the TicketIQ launch, the company has made its enterprise-grade ticket market data, used by over 50 professional sports teams in every major league, available to fans via the TicketIQ app and website. With the launch, consumers now have access to real-time zone-level analytics, enabling them to track and get the best deals on sports, music, and theater tickets.
To coincide with the launch of TicketIQ, the company has also released its first annual NFL Ticket Report which analyzes the ticket market and ticket business for all 32 NFL teams. The report provides insights on the 2016 NFL ticket market, including information on which teams have the highest average secondary-market prices, which cities that pay the most to see "America's Team," and other player-focused insights. In late 2016, the company will be releasing TicketIQ Analytics Pro, opening up its database for researchers, journalists and prosumers.
"The ticket market is more complex than ever, and finding the best value in the market requires access to all major supply sources and transparency across both the secondary and primary markets," said TicketIQ founder and CEO Jesse Lawrence.
TicketIQ's ticket market database offers the most comprehensive set of ticket information, with six years of data collected across more than 500,000 historical events and 100,000 active events. TicketIQ app and site users can now access that data to track the market for any event and set price alerts based on where they want to sit.
To support the relaunch, TicketIQ has completed their Series A-1 financing round led by Contour Venture Partners and Stonehenge Growth Equity Partners. The $5 million round is the latest in a very active investment landscape for the $20 billion event ticketing industry.
- TicketIQ's diverse inventory includes:
- IQ Certified and Seatsmart – Over $2 billion of monthly ticket inventory from more than 1,000 pre-approved sellers
- IQ Fan – No-fee, Facebook-centric fan-to-fan ticket buying and selling platform
- Low Price Guarantee – IQ Certified listings that TicketIQ guarantees will be the cheapest ticket anywhere on the market for an event or a certain zone at an event
- IQ Access – Direct access to discounts and offers through partnerships with over 35 teams, festivals and venues
About TicketIQ: TicketIQ was founded in 2009, with the goal of creating true transparency in the ticket-buying marketplace. In addition to reaching over 1,000,000 ticket buyers every month, the company also works with over 50 professional teams, festivals and institutions to provide ticket market analytics and marketing tools that allows teams to share offers and deals directly with fans. The company is backed by leading institutional investors, including Contour Venture Partners, Stonehenge Equity Partners as well as corporate investor MediaMath.
About the TicketIQ app: The TicketIQ app is a 5-star app available in both the App Store and Google Play, and provides the only engagement-based rewards program in the ticketing industry via the IQ Rewards plaform. IQ Rewards provides IQ Points for not only buying tickets, but also tracking performers, setting price alerts and sharing the app with friends. TicketIQ App users can reach a maximum of 10% off every IQ Certified listing.
Andrew Bard, for TicketIQ