Lyte is a San Francisco-based company with a platform for live event tickets to be bought, sold, and exchanged without the concern of the tickets being fake or scalpers earning money from tickets when the finances should be going to the artist or venue of the event.
Fans can conduct transactions with their tickets using Lyte. If users are looking for tickets for sold-out events, they can log onto the platform and request tickets for the event they want. After entering payment information, Lyte will attempt to find tickets for the event. Users are only charged if tickets become available. In the situation that tickets are found, the transaction is automatically conducted using the payment information that users entered.
For ticket returns, users can connect Lyte to TicketFly and return their tickets. Refund payments are issued after the event. Users can also utilize a "Send Tickets" feature, which allows for users to send tickets directly to other users with a link that is created by the platform.
Lyte raises a $15,000,000 series A round from Jackson Square Ventures, Correlation Ventures, Industry Ventures and Accomplice.
Lyte Launches Send Tickets
January 9, 2020
Lyte, Inc., reinventing event ticketing for the benefit of fans and industry, closes $15 Million Series A financing
October 8, 2019
San Francisco's Lyte Partners With Tickets.com
December 4, 2019