Fever Raises Over $100 Million to Expand in Music and Sports Experiences

Fever, the global live entertainment discovery platform, has raised over $100 million (€87.7 million) in funding to accelerate its growth in the music and sports sectors. The investment comes from L Catterton and Point72 Private Investments, along with existing investors.

Headquartered in Madrid and New York, Fever is run by Spanish entrepreneurs Ignacio Bachiller Ströhlein, Alexandre Perez Casares, and Francisco Hein. The platform operates in over 40 countries, reaching more than 200 million users each month with personalised recommendations for live, local experiences—from immersive exhibitions and festivals to interactive theatrical events.

Fever has recently partnered with major promoters like TCE Presents, Cercle Music, and Last Tour, as well as iconic venues such as Clapham Grand and Brooklyn Storehouse. It also supports global festivals including Rock in Rio Lisboa, Primavera Sound, and Pitchfork Music Festival.

On the sports front, Fever offers ticketing and demand generation services for major names like Real Madrid, FC Barcelona, LIV Golf, and the X Games. The company is also eyeing new opportunities with the New York Mets, owned by Point72’s Chairman and CEO, Steve Cohen.

With this latest round of funding, Fever plans to leverage L Catterton’s consumer insights to expand its presence in experiential marketing and branded live events. The company has already seen a remarkable 20x growth in revenue since pre-pandemic times while remaining EBITDA profitable.