AAA Gametime closes $20m series B round

Gametime closes $20m series B round

US-based last-minute ticket selling platform Gametime has secured $20m in series B financing from investors including GV, the corporate venturing unit formerly known as Google Ventures.

The round also featured Evolution Media Partners, the fund formed by talent agency CAA and investment firm TPG, as well as venture capital firm Accel, Stanford StartX Fund, Gametime chairman Jeff Mallett and angel investor Casey Wasserman.

Founded in 2012, Gametime operates a mobile app that issues tickets for more than 1,400 sport and entertainment events including professional sports leagues and live music.

The tickets are all paperless and the app stores card information so checkout is far quicker. It targets customers searching for tickets at short notice, and Gametime estimates around 80% of its transactions are for events less than a week away and about 50% are conducted on the same day as the event.

The series B round follows $13m in series A funding closed in May 2015 from Accel and a range of angel investors including Wasserman.

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