Los Angeles based live event ticket insurance startup has raised an $8m Series A led by American Family Ventures and IA Capital Group.
"This new injection of capital will enable us to grow our company, our services and our customer base," said TicketGuardian CEO and founder Bryan Derbyshire. "Along with the expertise of our investors, it allows us to continue our innovation and remain the insurtech thought leader in the live event space." TicketGuardian entered the market to improve one aspect: enhancing the attendee and fan experience by providing an option to protect their tickets. While doing so, it also built industry leading enterprise level technology. "We now securely power real decision-making data to ensure the best experience across the board for our partners and their attendees," said Derbyshire. "Our exponential growth is proof that the live events industry is begging for change. This industry has responded with open arms and is embracing a better customer experience."