Fever raises $250 million in a funding round led by EQT

Fever says it raised $250 million in primary equity financing, with EQT leading the round and participation from Point72 Private Investments, Baillie Gifford and existing investors.

Fever announced the funding round on September 17 and described it as the largest primary equity financing to date for a live-entertainment technology company. The company says revenue has more than tripled over the past three years while it has maintained positive EBITDA.

The funding is a corporate-growth update. Customers should still rely on the event page and booking confirmation for venue rules, ticket transfer, cancellations and refunds.

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