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fan3 raises $5M from Improbable to enhance ticketing fairness and protect genuine fans from bots.

Oct 02, 20253 days ago

Amount Raised

$5 Million

LondonEvents

Investors

Improbable

Description

fan3, an entertainment technology company, has raised $5 million in funding from Improbable. This investment aims to restore fairness to ticketing by verifying genuine fans and protecting access from bots and scalpers. The company addresses issues of ticket inventory and resale prices. fan3 utilizes blockchain technology to ensure authenticity and enhance fan engagement.

Company Information

Company

fan3

Location

London, England, United Kingdom

About

fan3 is an entertainment technology company that builds a fan-first access platform for live events. The company aims to restore fairness to ticketing by verifying genuine fans and protecting access from bots and scalpers. By utilizing blockchain technology, fan3 ensures the authenticity of fan identities while providing seamless ticketing experiences. Their platform integrates with existing systems to enhance the live event experience for fans, artists, and promoters.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers