SOURCE: Eventbrite

Eventbrite

June 18, 2012 16:24 ET

Eventbrite Crosses $1 Billion in Ticket Sales

Eventbrite Celebrates a Diverse Community of Event Organizers -- From Yoga Teachers and Cooking Instructors to Festival Producers and Large Conference Planners -- as They Cross Major Milestone

SAN FRANCISCO, CA--(Marketwire - Jun 18, 2012) - Eventbrite announced today that the company has issued tickets and registrations totaling $1 billion in cumulative sales for its users. This milestone illustrates the global need for an easy-to-use, self-service platform that organizers of events of all sizes and types can use to manage events and collect payments.

"When you look at gross ticket sales on Eventbrite, you see very exciting exponential growth," explains CEO and Co-Founder Kevin Hartz. "In January of 2009, we were at $100 million. In December of 2010, we were at $400 million. Now, in the middle of 2012, with several international launches under our belt, and the At The Door mobile box office in the field, we're celebrating $1 billion in our users' success." The top markets contributing to this $1 billion total are the Unites States, the UK, Canada, Australia and the Netherlands. The five event types that represent the most ticket sales are Conferences, Classes, Fundraisers, Concerts and Social Events.

When Eventbrite set out to democratize ticketing in 2006, it focused on bringing simplicity and full-scale functionality to the masses. This included seamless social integration with platforms like Facebook and Twitter. On average, when an attendee shares event information on Facebook it generates an additional $2.52 in ticket sales for the organizer.

In 2011 alone, Eventbrite events were created in over 170 countries. And organizers have already issued over 60 million tickets worldwide to events ranging from intimate cooking classes, to professional conferences, to triathlons, to concerts for tens of thousands of fans. "We are always excited to watch the gross ticket sales figures, because really those numbers measure the achievements of our customers," explains President and Co-Founder Julia Hartz. "When Kevin and I founded Eventbrite with our CTO Renaud Visage, we focused on making payments easy to collect for anyone hosting an event. We believe in the importance of offline gatherings, and we're thrilled to help bring communities of people together who share an interest or passion."

To congratulate their global customers, the Eventbrite team created a video that celebrates this milestone. The video can be viewed and embedded at: http://youtu.be/ufW-P0U6vGY.

About Eventbrite:
Eventbrite enables people all over the world to plan, promote, and sell out any event. And Eventbrite makes it easy for everyone to discover events, and to share the events they are attending with the people they know. In this way, Eventbrite brings communities together by encouraging people to connect through live experiences. Eventbrite's investors include Tiger Global, Sequoia Capital, DAG Ventures, and Tenaya Capital. Learn more at www.eventbrite.com.

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