EQ Tickets: A Social-Powered Platform for Affordable Event Ticketing
Revolutionizing the Ticket-Buying Experience
EQ Tickets, a dynamic new startup, is transforming the way fans discover and purchase tickets for sports, concerts, and live events. By combining a competitive secondary ticket marketplace with innovative social networking features, EQ Tickets offers both affordability and community engagement.
Founders with Industry Expertise
The brainchild of brothers Aaron and Ryan Caradonna alongside hip-hop artist Matt Raposo (Rapta), EQ Tickets was born from a shared passion for live entertainment:
- Aaron Caradonna: Former attorney with extensive venue experience
- Ryan Caradonna: Ticketing industry veteran with JP Morgan background
- Matt Raposo: Brings performer’s perspective from the music industry
This unique combination of expertise positions EQ Tickets to understand both fan and artist needs.
Competitive Pricing Model
EQ Tickets stands out in the crowded ticketing space with its transparent pricing approach:
- Secondary market tickets priced 20-30% below compe*****s
- Initially launched with no additional fees (now minimal markup)
- Primary ticketing platform recently added for complete event solutions
Social Features That Connect Fans
Beyond just ticket sales, EQ Tickets fosters community through:
- Event bookmarking: Share your interests with other fans
- User profiles: Follow fellow enthusiasts and artists
- Connection tools: Find companions for events (currently manual, with algorithmic suggestions coming soon)
“There’s diehards around sports and entertainment. So I think people are going to find a lot of new friends,” notes Aaron Caradonna.
Primary Ticketing Success
The newly launched primary ticketing platform is already showing promise:
- $30,000 in sales for a single event during testing
- Hosting SXSW side events, concert tours, and movie premieres
- Two flexible revenue share models for event organizers (6.6% + \(1.79 or 10% + \)0.99 per ticket)
Valuable Data for Event Organizers
EQ Tickets provides clients with:
- Complete customer data from ticket sales
- Optional attendee information (with consent)
- Insights into fan preferences and expectations
With a 30% repeat buyer rate, the platform demonstrates strong early adoption.
Future Growth and Availability
- Currently accessible via web and mobile web
- Native mobile app launching later this year
- 10-person team headquartered in LA with developers in Denver and Boston
Financial Backing
The startup has secured $2 million in seed funding from Sage Venture Partners, led by early Apple investor Fred Warren (round closed June 2023).
EQ Tickets represents an exciting evolution in event discovery and ticket purchasing, combining cost savings with meaningful fan connections—a winning formula in today’s experience-driven economy.
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