What is Fandango?
Founded in 2000 and headquartered in California, Fandango operates as a leading American ticketing company. It facilitates the purchase of movie tickets through its online platform and mobile applications, while also providing comprehensive television and streaming media information. The company's longevity and market presence highlight its adaptability in the evolving landscape of media consumption and entertainment access.
How much funding has Fandango raised?
Fandango has raised a total of $60.6M across 3 funding rounds:
Other Financing Round
$30M
Series C
$15.3M
Series A
$15.3M
Other Financing Round (2000): $30M with participation from General Atlantic, Cinemark Theatres, and Accretive LLC
Series C (2003): $15.3M led by Technology Crossover Ventures
Series A (2003): $15.3M supported by TCV
Key Investors in Fandango
Technology Crossover Ventures
Technology Crossover Ventures (TCV) is a venture capital firm founded in 1995, specializing in growth-stage technology companies. Based in Menlo Park, California, TCV provides capital and strategic support for acquisitions, mergers, and recapitalizations.
General Atlantic
General Atlantic is a global growth equity firm that invests in high-growth companies across various sectors, including technology, consumer, and healthcare. They partner with management teams to accelerate growth and international expansion.
Cinemark Theatres
Cinemark Theatres is a major motion picture exhibitor operating numerous theaters across the United States and internationally. Their investment in Fandango likely signifies a strategic alignment to enhance online ticket sales and customer engagement.
What's next for Fandango?
With a substantial history of capital raises, Fandango is well-positioned for continued expansion and innovation. The recent strategic investment suggests a focus on enhancing its digital offerings, potentially through technological advancements in ticketing, personalized content recommendations, or deeper integration with streaming services. This infusion of capital will likely support Fandango's efforts to maintain its competitive edge and capitalize on emerging trends in the entertainment industry, further solidifying its role as a key intermediary between consumers and cinematic experiences.
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