XP is making its mark as a ticket marketplace with a clear mission: to elevate the live experience and truly reward fandom. In a market often criticized for opaque pricing and hidden fees, XP stands out by prioritizing transparency and fair-market prices. The platform has already achieved significant traction, boasting millions of dollars in annualized ticket sales and offering a vast inventory of over 50 million tickets to major concerts, sporting events, and shows across the country, quickly becoming a go-to destination for fans looking for a better way to buy tickets.
To accelerate its fan-centric mission and expand its innovative platform, XP today announced it has successfully raised $6.2 million in new funding. The investment round was spearheaded by Blockchange, with notable participation from L1D, Reflexive, and several other investors.
This capital infusion is set to empower XP to build out its unique approach to ticketing, further dedicating itself to creating a more rewarding and transparent buying process for every fan.
XP’s rising popularity is directly tied to addressing deep-seated frustrations with traditional ticketing platforms. As Michael Saunders, XP’s founder and CEO, puts it, “Buying tickets shouldn’t feel like you’re getting taken advantage of.” He highlights that because fandom is so core to a person’s identity, platforms should recognize and reward that passion, not just treat transactions.
XP achieves this through tech innovations like Price Alerts and Tixpy, which empower users with information and potential savings.
Looking ahead, the company is investing heavily in AI and blockchain-powered features to deepen engagement, foster community, and offer personalized rewards, aiming to make every step of the live event journey more meaningful and magical for fans.
Find your next unforgettable live event at www.xp.tickets, or by downloading XP’s free iOS app.
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