Lyte

Lyte

A company with a platform where users can buy, sell, and exchange tickets for live events. It was founded in 2013 and has headquarters in San Francisco, California.

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.

Product

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.

Timeline

October 2019

Lyte raises a $15,000,000 series A round from Jackson Square Ventures, Correlation Ventures, Industry Ventures and Accomplice.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
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People

Name
Role
LinkedIn

Alexander Ryzhko

Co-Founder

Ant Taylor

Co-Founder

Karina Brioukhova

Co-Founder

Further reading

Title
Author
Link
Type
Date

Lyte, Inc., reinventing event ticketing for the benefit of fans and industry, closes $15 Million Series A financing

Lyte, Inc.

Web

October 8, 2019

San Francisco's Lyte Partners With Tickets.com

Web

December 4, 2019

Documentaries, videos and podcasts

Title
Date
Link

About Lyte

May 8, 2017

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
By JAMIE STENGLE
August 24, 2019
AP NEWS
ARLINGTON, Texas (AP) -- Event organizers hoping to eliminate ticket scams and huge markups in the secondary market are increasingly turning to companies that use technology to allow fans to buy...

References

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