LineLeap, a platform redefining how people access nightlife venues and brand experiences, announced the closure of its latest funding round, bringing the company’s valuation to $200 million and lifting its total capital raised to over $30 million.
Founded in 2017 by Patrick Skelly, Nick Becker, and Max Schauff, the company began as a collegiate solution to bypass long bar queues and has since grown into a national platform. Conceived initially while the founders traveled among campuses and even slept in cars to pilot their MVP, the venture now supports over 700 venues across 150+ cities and campuses, servicing a user base of more than 1.5 million. According to App Store rankings, the company reached #6 in Social Networking and #42 overall in the U.S. this fall.
LineLeap’s mobile application allows users to skip lines, pay for cover, purchase event tickets, and access exclusive offers at leading bars and venues nationwide. For participating venues, the platform delivers new revenue channels and a proprietary CRM system that enables segmentation and direct communication with customers. For brands, the company offers access to Gen Z and Millennial consumers in venues and moments that matter most, creating experiential pathways that drive trial, loyalty and repeat engagement.
The round was backed by high-profile strategic investors, including Y Combinator, The Chainsmokers, as well as ownership groups from the NHL and the NFL, and other entertainment industry executives.
Investor and artist Alex Pall of The Chainsmokers commented on the opportunity: “We are thrilled to be partners and investors in LineLeap. Having spent more time than most people between venues, clubs, bars, and restaurants, we saw an incredible opportunity to marry technology with the hospitality industry in a way that serves both venues and customers. As LineLeap has proven through its growth, there’s tremendous value to capture and create.”
LineLeap said the new funds will be allocated toward further expansion, enhancement of the product offering, and continued development of their mission of helping people “get to the fun, faster” while building a platform and technology stack that transforms how venues operate and how brands engage with consumers.
KEY QUOTES:
“We started LineLeap to solve a problem we experienced firsthand, and it has since grown into a nationwide platform that elevates how venues and brands operate. This milestone is only possible because of the incredible support from our partnered venues, brands, and users. We are just getting started, and we could not be more excited for what we will accomplish together!”
Patrick Skelly, Co-Founder & CEO of LineLeap
“We are thrilled to be partners and investors in LineLeap. Having spent more time than most people between venues, clubs, bars, and restaurants, we saw an incredible opportunity to marry technology with the hospitality industry in a way that serves both venues and customers. As LineLeap has proven through its growth, there’s tremendous value to capture and create.”
Alex Pall, Investor & Artist (The Chainsmokers)
