Sporting and events’ ticket platform reaches $160,000 at first close of its debt placement


A first close of $160,000 was initiated by Inside Track Tickets on its fundraising effort started this month. 32% of the $500,000 non-brokered debt offering was placed with four investors. The private placement will remain open for a year while an additional $340,000 is raised by the company. This debt offering is the first time the company taps into the US private placement market.

The company designs and markets ticket portals for premium sporting and entertainment events featuring no service fees and free shipping. The company’s goal is to provide consumers with a safe, secure and easy way to purchase tickets to the world’s top events.

The company, headquartered in Virginia Beach VA, was registered in 2012. Inside Track Tickets elected not to disclose its revenues. The executive team includes Brian Lefton.

Offering recap:
Status: First close
Company: Inside Track Tickets
Industry: Other
Amount offered: $500,000
Amount placed: $160,000

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s