Who Owns Fever?

Fever began in Madrid in 2014, founded by Ignacio Bachiller Strohlein, Pep Gomez, Francisco Hein, and Alexandre Perez Casares. The founding insight was that no equivalent of Netflix existed for real-world entertainment: people spent heavily on live events yet had no single platform to discover and book them.

Early funding came from angels, followed by venture rounds from Accel, Fidelity, and 14W that financed expansion into a discovery app covering concerts, nightlife, restaurants, and attractions. The company layered on two assets that became central to its model: a media arm, the Secret Media Network behind city channels like Secret London and Secret NYC, and Fever Originals, proprietary event formats it produces and tickets itself. Candlelight, the classical-music-by-candlelight concert series launched in 2019, grew into its signature Original and now runs in hundreds of cities worldwide.

The pandemic paradoxically accelerated the company. As live events returned, Fever's demand data and exclusive formats drew major promoters, and in January 2022 Goldman Sachs led a $227 million round valuing it above $1 billion. A 2023 round of $110 million lifted the valuation to $1.8 billion.

Growth since has tilted toward music and sports. The platform now tickets and generates demand for independent promoters such as Cercle Music and Last Tour, venues including London's Clapham Grand and New York's Brooklyn Storehouse, festivals like Primavera Sound, Rock in Rio Lisboa, and Pitchfork Music Festival, and sports properties including Real Madrid, FC Barcelona, LIV Golf, and the X Games. The company reported 20-fold revenue growth from pre-pandemic levels and full-year EBITDA profitability in 2024, then raised $100 million-plus in June 2025 and $250 million in September 2026 at the same $1.8 billion mark.