Venture Capital Access Online | The eMarketplace for the Venture Capital Industry

 

Bookmark and Share   

Home

Marketplace
Database
Deals
News
Store
Resources
Contact Us

 

 

 

News

VCPro Database 2014 (17th Edition) Now Available! Newly released


Venture Capital Deals Spreadsheet Now Available Newly released


 

atVenu Raises $1.1m Seed Round lead by Real Ventures to Revolutionize Live Event Merchandise

SAN FRANCISCO, February 5, 2014-- atVenu Inc. (www.atVenu.com), the leader in live event merchandise management, announced today the closing of $1.1M of venture capital financing. The round was lead by Real Ventures of Montreal and included private investors from the US and Canada.

In parallel, atVenu is announcing public availability of its Merchandise Management system. Launched in January 2013, the web and mobile app is utilized in all global touring markets by over 500 music artists including Luke Bryan, Kid Rock, John Mayer, Train, and many others. Over $52 million in merchandise was tracked with the atVenu platform in 2013.

"atVenu is clearly the leader in the next wave of real time tools to help artists maximize their potential revenue from merchandise at their live performances," said Chris Cornell, President of Manhead Merchandise, representing artists such as Train, Fall Out Boy, Panic at the Disco, and Steve Aoki. "That is why Manhead selected atVenu to power all of our managed tours."

Through its unique platform, atVenu facilitates artist merchandise sales at live events, automates venue splits, forecasts product needs, provides real time inventory management analytics, and much more.

atVenu was co-founded by merch rep, label owner, and artist manager Ben Brannen, serial tech entrepreneur Derek Ball, and experienced tech startup CTO James Seigel.

"It has been an amazing year for atVenu, working with many of the industry's top artists to improve how they manage and profit from their tour merchandise", said Derek Ball, CEO and co-founder of atVenu. "We are very proud to have attracted such an impressive client roster, and amazing lead investor for this round."

"We are very excited to back the incredible team behind atVenu," said JS Cournoyer General Partner at Real Ventures. "They really are a passionate group with a powerful combination of music industry expertise and proven entrepreneurial execution."

About atVenu, Inc.

Founded in 2012, atVenu develops leading-edge live event merchandise solutions that allow artists, venues, and event operators to maximize revenue from sales of merchandise to their event attendees and fans. Used by many of the world's top touring artists and event operators, atVenu is the leader in merchandise management. For more information, visit www.atVenu.com.

About Real Ventures

Real Ventures is Canada's largest and most active seed venture fund investing in ambitious entrepreneurs that are creating the Internet experiences of the future or embracing the power of the Internet to disrupt existing industries or business models. www.realventures.com

Contact:
Media Contact:
Media Relations
atVenu, Inc.
(855)288-3682
press@atvenu.com


News Index

Venture Capital Database

Venture Capital Deals Spreadsheet

 

 NEWS

Latest VC News
VC News Archive
News Search
Venture Capital Deals New
RSS News Feed

List Your Firm

Entrepreneurs
Investors
Advisors

Venture Capital Database

VCPro Database
Download Trial
Buy Now

Venture Capital Deals

vcaDeals
Download Sample
Buy Now

VC Tools

Venture Capital StarterPak
VC Pitch
Private Placement Memorandum
Confidentiality Agreement Package
Series A Preferred Term Sheet
Bridge Financing Contract
Employment Agreements
Understanding Employee Stock Options

Business Plan Tools

Free Business Plan Template
Sample Business Plans
Business Plan Pro

 

 

Copyright 1998-2014 Access InterComm  All rights reserved. 
Site Map | Privacy Statement | Legal Notice & Disclaimer