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$. This is one of the largest rounds closed by a national start-up so far this year.
Fever's is dedicated to the development of a mobile application that informs users of upcoming events in their cities based on their preferences. and that is also exploiting a line of business called Fever Originalswhich actively uses the data at its disposal to help brands design new entertainment experiences, a model for which Fever charges a per-user fee, already accounting for 20% of its revenues.
Here we would highlight, for example, the escape room of "La casa de papel", a co-production between Fever, Atresmedia and Enigma Express which is followed by more than 80,000 people.
The company has a presence in Spain, London, New York, Los Angeles, Paris and Lisbon and generates 70% of its business outside Spain. With 150 employees, it actively manages technology and the data analysis to offer personalised recommendations for events and generate online content for its media network.
Fever and its international expansion
Recientemente ha cerrado una ronda de financiación de 35M$led by the Japanese giant Rakutenbut which also involved shareholders of the company and previous investors such as Atresmedia and Accel Partners.
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.
Con esta ronda, Fever pretende reforzar su posicionamiento como líder en la digitalización del sector del entretenimiento, así como cumplir con su misión de inspirar a millones de personas en todo el mundo.
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€ en una ronda de financiación, serie B, liderada por INKEF Capital y 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 recibió una ronda de más de 1M€ to execute their business plan and create value.
