Fever adds $110M to coffers to boost content

Fever, a platform for live entertainment discovery, has landed $110 million in fresh funding at a valuation of $1.8 billion.

The investment in New York and Madrid-based Fever was led by Goldman Sachs with Eurazeo, Convivialité Ventures, Goodwater Capital, Alignment Growth, Vitruvian Partners and Smash Capital also participating.

Fever will use the funding to pursue content opportunities and expand into new markets.

Fever has developed in-house technology to curate experiences for users in their local city as well as help event organizers reach new audiences. 

According to a statement, Fever doubled its turnover in the past year with North America making up more than 50% of its revenue.

The round comes after Fever received funding of $227 million a year ago with Goldman Sachs Asset Management participating in the round.

The company, which launched in 2014, received funding of $35 million in 2019.