XP, a ticket marketplace dedicated to driving live experiences and rewarding fandom, announced it has raised $6.2 million in funding led by Blockchange, with participation from L1D, Reflexive, and others. The capital will accelerate XP’s mission to build the most fulfilling ticketing experience for fans.
XP has scaled rapidly as a fan-favorite ticket resale marketplace thanks to its robust ticket inventory and transparent, fair-market prices. And the platform boasts millions of dollars in annualized ticket sales, and offers over 50 million tickets to major concerts, sporting events, and shows nationwide.
XP’s approach to ticketing blends innovative technology with transparent pricing and fan-centric features. For example, Price Alerts notify XP users when their desired seats drop to their ideal price. And another innovation (Tixpy) instantly compares total ticket prices across sites so fans can secure the best deal.
Going forward, XP believes the future of live entertainment lies in putting control back into the hands of fans, artists, athletes, and entertainers.
The company is also investing heavily in the development of identity-driven features powered by AI and blockchain technology that will deepen fan engagement, foster community, and offer personalized rewards tied directly to fandom.
By enhancing personalization and creating smarter, more trustworthy interactions between fans, vendors, and entertainers, XP looks to make every stage of the live event journey more meaningful, connected, and rewarding for fans.
KEY QUOTES:
“Buying tickets shouldn’t feel like you’re getting taken advantage of,” said Saunders. “Fandom is an integral part of a person’s identity, and yet most platforms treat fans like transactions. We believe fans deserve better—and that starts with recognizing and rewarding fans’ loyalty and passion.”
“Every fan interaction on XP—from discovering new events to purchasing tickets to reliving cherished memories—is designed to be rewarding, joyful, and genuinely magical. We’re not just changing the way fans buy tickets; we’re revolutionizing their entire experience.”
Michael Saunders, XP’s founder and CEO
