SOURCE: ReplyBuy

ReplyBuy

October 05, 2015 18:44 ET

ReplyBuy Continues to Uberize the Ticket Industry by Creating Innovative Solutions

Big Plans Ahead as the Company Enters the Fourth Quarter With $2 Million Raised

SCOTTSDALE, AZ--(Marketwired - Oct 5, 2015) - ReplyBuy, the market leader in enabling instant mobile ticket purchases with a quick text message, has announced today that it has closed $2 million in financing. The Scottsdale-based sports and technology company is reimagining what's possible within the industry by enabling teams, clubs and venues to connect in real-time with their fans and execute a mobile ticket purchase with a simple reply text message. The company provides a robust backend solution with various fan engagement options to premier clients such as the Cleveland Cavaliers, Los Angeles Clippers, Brooklyn Nets, Detroit Pistons, Washington Capitals, San Francisco 49ers, Auburn University, UCLA, LSU and a multitude of others. The new round of financing includes participation from Enspire Capital, Sand Hill Angels, MRTNZ Ventures, Kosinski Ventures, SEAG Ventures, Arizona Tech Investors, Desert Angels, as well as Ivan Brockman, who founded Blackstone's Silicon Valley Office.

"We are thrilled to invest in ReplyBuy. It's a game-changing solution that provides a radically fast and highly secured way for sports fans to purchase tickets in seconds," said Tom Chiu, Venture Partner Enspire Capital. "It will change the way people buy tickets forever and meets the needs of today's consumers in a major way. It's about delivering convenience, speed and simplicity."

ReplyBuy leverages the built-in app (SMS) with a vertical market focus to enable instant mobile sales, which can easily be embraced on billions of devices worldwide. With a significant presence already across the United States and Canada, the company serves a wide variety of clients across the NBA, NFL, NHL, major universities and entertainment venues. The investment comes during a period of explosive growth with sports clients, entertainment venues and fans rapidly adopting the solution across more than 50 markets within the U.S. in less than the first 12 months of being available. The company's Uberized method of card-on-file and SMS enabled purchases removes the ticket buying friction and delivers instant gratification along with instant verified tickets.

"ReplyBuy has been extremely well received since we introduced the solution to the sports market late last year. This new round of funding will allow the company to support its explosive growth, increase value to our clients, but most importantly continue to innovate within the industry. From a fan experience perspective our goal is to provide them with the convenience and instant gratification they're seeking. There are no links to click, forms to fill out or apps to download which is key," said Josh Manley, founder and CEO of ReplyBuy.

ReplyBuy will use the funds to continue the development of the company's user experience as well as introduce new client capabilities and value added services. ReplyBuy is also actively hiring within engineering, marketing and sales. The funding round brings total capital raised to date by ReplyBuy to $2.6 million.

About ReplyBuy
ReplyBuy is the marketing leading solution for enabling instant mobile ticket purchases. Teams, clubs and venues can connect with fans in real-time via mobile and also allows fans to purchase tickets to games or events instantly with a simple "reply" text message delivering instant gratification. ReplyBuy bridges the gap between marketing and mobile enabled sales in a way that makes sense for every fan. The ReplyBuy solution serves 50 plus markets throughout the U.S. and Canada. ReplyBuy is reimagining the ticket buying experience by bringing speed, convenience and value to sports fans everywhere. As ESPN reported, "The transaction time is like nothing the sports ticketing space has ever seen and what might be the fastest-growing company in the sports ticketing space." Connect with ReplyBuy on Twitter, Facebook and Instagram.

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