Ticket Outlet ScoreBig Closes On $18M Series D VC Funding Led By Hearst Ventures

Discount ticket outlet ScoreBig has closed on a $18M Series D round of venture capital funding, led by Hearst Ventures. George Kliavkoff, former NBCUniversal and MLBAM exec and current President of Hearst Ventures, will join ScoreBig's BOD. The latest round follows a $10M Series C funding completed 13 months ago that involved Checketts Partners Investment Fund, and brings ScoreBig's total funding to date to $49.5M. The Series D round funds will be focused on mobile product development, marketing, and strategic partnerships. The 4-year-old ScoreBig is projecting to double its revenues this year. "The team at ScoreBig has developed a solution to two of the biggest challenges facing the live entertainment industry: making live events more affordable for price-conscious consumers, and increasing live event attendance," Kliavkoff said. "ScoreBig does this in a manner that protects full price sales for entertainment brands, while also providing tremendous value for the consumer."