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ONLINE LOTTERY TICKET COMPANY JACKPOT CLOSES $35 MILLION SERIES A

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星期三, 六月 22, 2022

SAN FRANCISCO, June 22, 2022 /PRNewswire/ -- Jackpot, the online lottery ticket app and platform, has closed a $35M Series A round powered by the world's biggest investors and operators in sports, media, and entertainment.

Key Points:

Jackpot is poised to transform the US lottery industry by giving customers the ability to play via app or desktop.
Jackpot is a digital platform that facilitates the purchase of official state lottery tickets online.
In 2021, about half of all Americans purchased lottery tickets, but only ~5% of those sales came from online transactions.
As more states allow online lottery ticket sales, Jackpot's highly developed proprietary technology offers a best-in-class experience for customers.

Ledger Investing Raises $75 Million in Series B Funding to Democratize Insurance Risk Capital

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星期三, 六月 22, 2022

NEW YORK, June 22, 2022 /PRNewswire/ -- Ledger Investing, an InsurTech startup, today announced that it has raised $75 million in Series B funding led by WestCap, with participation from Teachers' Venture Growth and Intact Ventures, and previous investors: SignalFire, MassMutual Ventures, Allegis Capital, and Accel. Ledger Investing will use the funds to accelerate revenue growth across its insurance-linked security (ILS) brokerage and asset management businesses, launch data infrastructure service products, and hire more than 200 employees.

Key Points:

Ledger Investing is a marketplace connecting insurance risk with capital.
Ledger Investing has placed over $400 million in premium into the capital markets , and is on track to exceed $1 billion by the end of the year.
"Ledger Investing is bringing critical transparency and automation to risk transfer," said Jeff Mullen, Partner at WestCap, who will be joining the Ledger Investing Board of Directors.
Ledger Investing, Inc. is an insurance tech startup financed by leading VCs and strategic insurance industry investors.

Mobile Gaming Platform VersusGame Raises $25 Million Series A

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星期三, 六月 15, 2022

SAN MATEO, Calif., June 15, 2022 (GLOBE NEWSWIRE) -- VersusGame today announced the closing of a $25 million Series A financing round.

Key Points:

SAN MATEO, Calif., June 15, 2022 (GLOBE NEWSWIRE) -- VersusGame today announced the closing of a $25 million Series A financing round.
The VersusGame mobile gaming platform is where millions of people worldwide watch video based prediction questions and predict outcomes of culture using their knowledge.
VersusGame is a global entertainment mobile gaming product that allows users to put their knowledge of mainstream culture to good use.
VersusGame is the number one prediction platform in the world and is played via the VersusGame app, mobile website , Snapchat and Instagram .For more information, visit: https://about.versusgame.com .

StubHub's 2022 Summer Tour Preview: With Nearly Twice the Events of 2019, This May Be the Hottest Summer Concert Season on Record; Mötley Crüe's Comeback with Def Leppard is the Most In-Demand Tour

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星期二, 五月 10, 2022

StubHub, Rage Against the Machine, Rage, Female, Music

SAN FRANCISCO, May 10, 2022 /PRNewswire/ -- StubHub, the world's most trusted ticket marketplace, has released its annual Summer Tour Preview showcasing the highest-selling artists and in-demand shows of the upcoming concert season. Overall, ticket sales for concerts this summer have already surpassed sales on StubHub ahead of the 2019 summer season.

Key Points:

Justin Bieber is Pop's Biggest Summer Star; Kenny Chesney Dominates Country Sales
SAN FRANCISCO, May 10, 2022 /PRNewswire/ -- StubHub, the world's most trusted ticket marketplace, has released its annual Summer Tour Preview showcasing the highest-selling artists and in-demand shows of the upcoming concert season.
Overall, ticket sales for concerts this summer have already surpassed sales on StubHub ahead of the 2019 summer season.
"This packed lineup of tours is already driving 25% more demand than the 2019 season, driven by the prominence of once-in-a-lifetime concerts.
From Rage Against The Machine's reunion to Elton John's farewell, we're seeing the impact of concert-goers who are excited that bucket-list bands are hitting the road again and eager to witness what may be a legacy act's final tour."

POINT SECURES $115 MILLION IN SERIES C FUNDING TO SCALE HOME EQUITY PLATFORM AND EXPAND FOOTPRINT

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星期二, 五月 3, 2022

PALO ALTO, Calif., May 3, 2022 /PRNewswire/ -- Point, a fintech company and home equity platform that provides homeowners access to equity financing in exchange for a fractional share of the future value of their homes, has secured $115 million in additional funding to accelerate company growth. Point's Series C fundraise was led by WestCap, with participation from other existing investors Andreessen Horowitz, Ribbit Capital, Redwood Trust, Atalaya Capital Management, and DAG Ventures. New investors include Deer Park Road Management, The Palisades Group, and Alpaca VC.

Key Points:

Point has experienced rapid growth, with Q1 2022 funding volume up more than 5x YoY.
"We've built strong momentum at Point and we welcome this vote of confidence from premier equity investors in our continued success," said Eddie Lim, CEO and Co-Founder of Point.
The $115 million funding allows Point to scale its home equity platform while extending its execution and distribution advantages.
To date, Point has raised over $170 million in equity capital.

Afterparty Raises $4M Unsolicited Funding Round; Introduces Its NFT Ticketing Platform for Artists

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星期五, 四月 22, 2022

The strategic community round accelerates platform growth as Afterparty introduces the world's first NFT ticketing platform for artists, answering a multibillion-dollar unmet need in the music industry for transparent, verifiable and artist-first ticketing.

Key Points:

The strategic community round accelerates platform growth as Afterparty introduces the world's first NFT ticketing platform for artists, answering a multibillion-dollar unmet need in the music industry for transparent, verifiable and artist-first ticketing.
When we launched Afterparty, we knew we were creating a new model for NFTs based on lifetime membership access and IRL experiences, said David Fields, CEO at Afterparty.
Additional token-gated experiences include gallery showings at the LA Afterparty House, pop-up events at Art Basel, and much more.
To learn more about Afterparty and the First Annual Afterparty NFT Art & Music Festival, visit Afterparty.com .

Blind Launches Talent by Blind to Help Companies Recruit Hard-to-Reach Engineers

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星期四, 三月 31, 2022

Data Management, Professional Services, Technology, Software, Human Resources, Stellar, StubHub, Culture, ZipRecruiter, BlackRock, Software, Workplace, Alphabet, Video game, Employment agency, Blind

Talent by Blind connects some of the hardest-to-reach software engineers with some of the fastest-growing startups and most innovative companies in the U.S., streamlining job offers and placements for developers and other technologists.

Key Points:

Talent by Blind connects some of the hardest-to-reach software engineers with some of the fastest-growing startups and most innovative companies in the U.S., streamlining job offers and placements for developers and other technologists.
Engineers rely on Blind to find companies with the most compelling culture, growth opportunities, projects and values.
The trust is why Talent by Blind can source and place the best qualified and diverse software engineers that job boards, talent marketplaces or other recruiters cant find, said Blind Co-Founder and Chief Business Officer Kyum Kim.
To learn more about how Talent by Blind can help you take control of your job search or recruitment process, visit www.talentbyblind.com .

Sharegain Accelerates Global Growth by Raising a $64 Million Series B Led by WestCap

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星期二, 二月 15, 2022

Sharegain , a leading capital markets infrastructure fintech, today announced it has raised $64 million in a series B round led by WestCap and joined by Citi, EJF Capital LLC and Optiver PSI.

Key Points:

Sharegain , a leading capital markets infrastructure fintech, today announced it has raised $64 million in a series B round led by WestCap and joined by Citi, EJF Capital LLC and Optiver PSI.
WestCap, which is well known for its expertise in scaling Enterprise Fintech solutions, and the additional investors are perfectly positioned to propel Sharegain to the next level, as a key global player in securities lending.
Scott presently sits on the boards of Tradeweb and NYDIG, and is the former CEO of Ipreo, a global fintech company servicing global financial institutions.
WestCap is a strategic investor and operator in growth equity that partners with visionary leaders to build generational companies.

FANAPLY EXPANDS LEADERSHIP TEAM WITH KEY HIRES

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星期三, 一月 19, 2022

Beyond her leadership at the organization, Maged will bring her extensive track record of innovation and building businesses in sports, entertainment and technology to continue to scale Fanaply and develop transformational platforms and partnerships.

Key Points:

Beyond her leadership at the organization, Maged will bring her extensive track record of innovation and building businesses in sports, entertainment and technology to continue to scale Fanaply and develop transformational platforms and partnerships.
"Fanaply has been a pioneer in the NFT space with its best-in-class and differentiated product offering over the last three years.
I'm thrilled to join the team as we work to tell the Fanaply story and continue building on the foundation of its commercial efforts."
In addition to Maged, Fanaply is bringing on two key hires to lead its Business Development team.

Events Industry Market size worth $ 2,194.40 Billion, Globally, by 2028 at 13.48% CAGR: Verified Market Research®

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星期四, 一月 6, 2022

JERSEY CITY, N.J., Jan. 6, 2022 /PRNewswire/ -- Verified Market Research recently published a report, " Events Industry Market " By Type (Music Concerts, Conferences & Seminar, Festival Events, Exhibitions Events), By Organizer (Corporate, Entertainment, Education, Others), and By Geography.

Key Points:

JERSEY CITY, N.J., Jan. 6, 2022 /PRNewswire/ -- Verified Market Research recently published a report, " Events Industry Market " By Type (Music Concerts, Conferences & Seminar, Festival Events, Exhibitions Events), By Organizer (Corporate, Entertainment, Education, Others), and By Geography.
According to Verified Market Research, the Global Events Industry Market size was valued at USD 886.99 Billion in 2020 and is projected to reach USD 2,194.40 Billion by 2028, growing at a CAGR of 13.48% from 2021 to 2028.
Corporate houses play a major role in increasing the Events industry market by offering the chances to event companies to host events for them.
Verified Market Research has segmented the Global Events industry Market On the basis of Type, Organizer, and Geography.