Technically Philly is a news site covering technology, startups and venture capital in Philadelphia.

Tag Archives: TicketLeap

Startup Roundup: TicketLeap redesign roundup, DreamIt grad partners with Journeys

startup

Introducing Technically Philly’s Startup Roundup. Here, we’ll parse out the small pieces that make our greater Startup ecosystem thrive. We want to keep you in touch with the innovations that we can’t quite get to covering, but that deserve highlight. Follow along with the Startup Roundup’s dedicated RSS feed. If you’ve got news to share, get in touch.

DEFINITE READS

TicketLeap has launched its redesign, according to an email. It looks hella sharp. We dig the Facebook and Twitter comments. The company says that its also allowing events with less than 100 tickets to sell service at no charge. It also got the ReadWriteWeb treatment.

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TicketLeap and Social Media, a match made in heaven

In the highly competitive world of online ticketing, it’s often the little things that set a company apart.

This is no news to Chris Stanchak, CEO of the rapidly growing Philly-based ticketer TicketLeap.

When he founded TicketLeap in 2003 as a student project, Stanchak had a vision of providing professional-grade ticketing for events too small to attract the attention of ticketing giants such as Ticketmaster.

Since then, the company has saved bicycling in Philadelphia, raised capital and has completed a drastic redesign of the company’s homepage and changed its business philosophy.

“Before [the redesign] we were focused on being a destination site for people trying to find tickets to events near them,” says Stanchak. “But with everything happening in social media, the idea of a destination event website is kind of going away.”


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Venmo mobile payments drives exchange for charities, retail

A few weeks after a disastrous 7.0 magnitude earthquake struck Haiti, killing more than 150,000 people, Peter Groverman was organizing.

By the end of his planning, Groverman—a Villanova law student and CEO of local advertising startup Tapinko—had brought together 126 people from around the world and 40,000 pounds of cargo, including $1 million in medical supplies, which all travelled on an airplane chartered to fly to Haiti last month.

It was another drill for Groverman, who first began organizing relief efforts when Hurricane Katrina struck the Gulf Coast in 2005 and he gathered 40 students to head to New Orleans. But Groverman says another Philadelphia entity was helping drive his recent mission: Rittenhouse-based mobile payment startup Venmo.

Using the text message-based payment system, Groverman was able to raise $50,000 immediately—when that immediacy was vital. “Venmo [was] the whole backbone of our fundraising effort,” he says. “I cant imagine any nonprofit not using text message-based donation systems. There’s no need for a check, no need to go to a bank to deposit. I didn’t have time for checks to come.”

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TicketLeap stealthily raised $2.5 million in additional funding last year

Update: edited MentorTech info.

According to SEC filings, TicketLeap scored $2.5 million in a funding round that included MentorTech Ventures.

While the money was raised in September of last year, the appropriate SEC filings didn’t get filed until last week. The company choose not to seek any publicity for the new round.

In a phone call to Technically Philly, CEO Christopher Stanchak said the funds weren’t for anything specific and were meant to “scale up” the business.

MentorTech was also included in the company’s 2008 Series A round for $2 million and MentorTech managing partner Michael Aronson sits on the TicketLeap’s board of directors. MentorTech exclusively funds business involving Penn grads or students, including the health system. According to his LinkedIn, Ticketleap CEO Christopher Stanchak is a Wharton ’03 graduate.

VC Roundup: GoodCompany goes to NYC, ETF changes name

Welcome to the VC Round-up, where well parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundupas an email newsletter. If you have any VC-related news to pass along to us, pleasedrop us a line.

DEFINITE READS

GoodCompany Ventures is kicking off a handful of events up and down the east coast to discuss the social good of entrepreneurship and to raise awareness about the fund’s 2010 incubator. First up: The 67th Ward. The panel will be moderated by Fred Wilson, founder of Union Square Ventures and well-read VC blogger. The fund promises Technically Philly that a Philly event is in the works, but for now we’ll be at the NYC edition. So if you managed to snag tickets, be sure to say hello.

Tengion, a Quaker BioVentures backed company is raising money for an IPO.

ETF Ventures has changed its name to SeventySix Capital. Presumably because of the company’s West Conshohocken location right off of the Schuylkill Expressway. Or, as another theory suggests, they’re big basketball fans.


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Startup Roundup: D.C.’s startup soul offers lessons, DreamIT-backed SCVNGR growing strong, TicketLeap redesigns

startup

Introducing Technically Philly’s Startup Roundup. Here, we’ll parse out the small pieces that make our greater Startup ecosystem thrive. We want to keep you in touch with the innovations that we can’t quite get to covering, but that deserve highlight. If you’ve got news to share, get in touch.

DEFINITE READS

Philly Startup Leader Founder Blake Jennelle writes long-form about Washington D.C.’s “startup soul,” after taking in the scene there earlier this month. There’s a lot for Philly to learn from it’s neighbor to the south, Jennelle says, and we’ve got much in common. Like Philly, growth comes from the grassroots, but D.C. lacks a central community of entrepreneurs. And our brethren know Philadelphia. “The reputation of [Philly's] creative communities is strong,” he writes.

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Friday Tech Links: Archer Group is tracking eyes, the city’s radio system upgrade and More

main-eye-tracking

In which we link out to the tech news from Philly and elsewhere (when it matters) that slips through the cracks and make it way fun. See others here.

Wilmington, Del.-based Web marketing and design firm the Archer Group is using new-age computer-user tracking systems to see what you’re looking at. That’s the same Delaware company that recently helped Wawa brand its products on Facebook.

As the Web has matured and its users have too, the group’s “Eye-tracking Usability Lab” is meant to give its designers insight into how computer users, with years of Internet-browsing behind them, are digesting the Web today, as Delaware Online reported. [Full Disclosure: Sean Blanda loves Delaware].

It’s what you’ve heard before: freaky pinpoint infrared sensors that follow eye movements as they bounce from whatever the tester spots. Get the deets and what Archer is doing with the work at the full story.

After the jump, Bussiness Week reports that one of one of our own seed-stage investment firms is saving venture capital, the city’s emergency radio system with Motorola isn’t “reliable” and seven other tech stories you need to read — including our best read story of the week.


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TicketLeap launches Anywhere, saves competitive biking

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TicketLeap saved bicycle racing in Philadelphia.

Or at least the Center City-based event-planning ticketing service provider was one of many partners that helped make sure the 25th annual Philadelphia Cycling Championship was possible, even after a city budget hole left the international race short $500,000.

The company doubled their ticketing of VIP seating with merchandising and donation soliciting to help bring cash to the June 7th race, famed for its chase of the “Manayunk Wall”

While they were saving racing, TicketLeap was also introducing Anywhere, which just might be the first product allowing users to create a virtual box office out of an Internet-enabled computer.


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