Peyton and Eli Invest in Seat Geek

August 29, 2014 at 7:20 am by Terez in Eli Manning, Peyton Manning

We always get the best seats T...

We always get the best seats T…

Peyton and Eli Manning, Shane Battier, Mike Dunleavy Jr., Stanford University Athletics, rapper Nas and Real Networks founder/Seattle Mariners co-owner Rob Glaser are just a few of the celebs investing in this new biz. Accel Partners led the round of funding. SeatGeek stated that it intends to use this influx of capital to expand its product and marketing efforts, with an emphasis on mobile development. “SeatGeek is a technology company, not a ticket company. We spent our first four years focused exclusively on building a great product,” said Jack Groetzinger, founder of SeatGeek.  ”A year ago we began to try our hand at marketing, and were blown away by the results. SeatGeek expects $13 million in ticket sales for the month of August, which accounts for a 50% increase over sales for the month of July.  The company expects to be responsible for $160 million in ticket sales for the year. If Peyton and Eli are in, I feel like it’s a sound investment.-TO

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