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35M$ FOR FEVER, WHICH REINFORCES ITS POSITION AS A LEADER IN THE DIGITISATION OF ENTERTAINMENT.


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BY : Diego GutiérrezJuly Fri, 2019

Fever is a Spanish company, based in New York and linked to the entertainment and digital content sector, which has been able to raise 35M$. This is one of the largest rounds closed by a national start-up so far this year.

Fever is dedicated to the development of a mobile application that informs users of upcoming events in their cities based on their preferences. and that is also exploiting a line of business called Fever Originalswhich actively uses the data at its disposal to help brands design new entertainment experiences, a model for which Fever charges a per-user fee, already accounting for 20% of its revenues.

Here we would highlight, for example, the escape room of "La casa de papel", a co-production between Fever, Atresmedia and Enigma Express which is followed by more than 80,000 people.

La empresa tiene presencia en España, Londres, Nueva York, Los Ángeles, París y Lisboa y genera un 70% del negocio fuera de nuestro país. Con 150 empleados, maneja activamente la tecnología y el análisis de datos para ofrecer en su aplicación recomendaciones personalizadas a eventos y generar contenidos online para su red de medios.

Fever y su expansión internacional

It has recently closed a financing round from 35M$led by the Japanese giant Rakutenbut which also involved shareholders of the company and previous investors such as Atresmedia and Accel Partners.

Fever

The company, which has raised more than 70M$ to date, will use this latest funding to consolidate its growth in current markets and boost its international expansion, landing every two to three months in major European and US cities, as well as investing in its engineering and technology development team.

With this roundFever aims to reinforce its position as a leader in the digitisation of the entertainment industry, as well as its mission to inspire millions of people around the world.

OTHER SECTOR OPERATIONS

WITHLOCALS

This APP allows newcomers or occasional visitors to look for things to do in their surroundings and enjoy the highlights of a city while avoiding tourist crowds. When using WithlocalsIn addition, unique private and personalised tours and the best gastronomic experiences can be found in more than 50 cities around the world with a local guide.

Recently, the company has managed to raise 8M€ in a series B financing round, led by by INKEF Capital and Keen Venture Partners.

YELP

With Yelpcan be know immediately which are the best places and services in the surrounding area and, in addition, help other people with opinions and photos of those places that you like the most.

In the last round of Series E funding, the company was able to raise 25M$ thanks to the support of Elevation Partners.

XCEED

This company allows easily discover the best events and clubs in a citybooking in a simple and fast way. Moreover, thanks to digital tickets, queues will disappear.

Xceed received a round of more than 1M€ to execute their business plan and create value.

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