Fair music ticketing platform DICE publicizes a $65 million funding spherical led by varied funding firm MUSIC.
DICE, the ideally suited self ample music ticketing platform, has launched a a hit $65 million funding spherical led by MUSIC, the first varied funding firm centered exclusively on music and music-adjacent companies. Utterly different merchants encompass Structural Capital and Ahdritz Holding LLC, the funding car for Willard Ahdritz, founder and chairman of Kobalt Tune, with adjust to-on investments from Exor Ventures and Mirabaud Each day life Fund.
The most recent spherical of funding will again trot up DICE’s open in extra cities as it continues to enlarge exact thru the US and internationally. Current partnerships will doubtless be launched within the upcoming weeks on the heels of landmark offers in Europe, including venue Alexandra Palace; cutting again-edge cultural center, the Institute of As much as the moment Arts; and newest renewals with Troxy and others.
DICE now boasts hundreds of thousands of fans the use of the platform to see and attend stay events. Bigger than 55,000 artists and over 10,000 venues, fairs, and promoters will use DICE to sell their tickets exact thru 30 cities this yr. The unique funding will again toughen DICE’s ongoing product investments to originate the handiest trip that you just might well perchance train about for fans and arrangement terminate away boundaries combating folks from going out more most incessantly.
“The stay music industry is adopting DICE sooner than ever and proves our thesis that whereas you treat fans nicely, they buy more tickets and exit more most incessantly,” says Phil Hutcheon, CEO and Founder of DICE. “We’re investing carefully in building even more abilities, and this yr alone, we launched over 60 unique points for fans, venues, and artists. I’m excited that Matt (Pincus) has joined the Board, and we’re more centered than ever on our mission to accumulate fans out more.”
“DICE did the very now not going: they made purchasing for a imprint fun,” says Matt Pincus, Co-Founder and CEO of MUSIC and newest addition to DICE’s Board of Administrators. “And by doing that, they turned fundamental bigger than a transaction provider. DICE is the premier person-centric engagement platform for the ideally suited shoppers in music: those that like to gallop to shows.”
Ali Byrd has moreover been launched as DICE’s Chief Financial Officer, becoming a member of DICE with bigger than a decade’s trip supporting fleet-roar companies. He beforehand held senior positions at Microsoft, CoverWallet, and Limewire and most currently supported Olive, a disruptive AI healthcare abilities firm basically based within the US.
Byrd’s hiring follows a string of strategic hires, including the appointment of music industry worn Caron Veazey to DICE’s Board of Administrators, and Katie Soo — worn SVP of Bellow and Marketing and marketing at HBO Max — as Chief Business Officer to again power DICE’s strategic roar and marketing.