Company Research Report: Eventric

Company Overview

• Name: Eventric

• Mission: To make all live events a success.

• Founded: Eventric began its journey at the turn of the century as Production Consultants Guild in 2000. In 2009, it rebranded to Eventric to better reflect its evolving mission.

• Founder(s): No specific founders are mentioned in the data.

• Headquarters: Chicago, IL, USA. The address is 1644 N. Honore, Suite 301, Chicago, IL, 60622.

• Number of Employees: No information is available.

• Revenue: No information is available.

• What is the Company Known For: Eventric is known for its innovative software solutions dedicated to the live event and touring industry, specifically with products like Master Tour and Live Access which streamline complex logistics and help produce seamless live experiences.

Products

Master Tour 3

• Description: An industry-leading software platform, designed for tour professionals. It is used globally by many of the top talent and tour managers.

• Key Features:

• Compatibility with Mac, PC, iOS, and Android.

• Can connect with a wide range of platforms, including iCal and TripIt.

• All-in-one hub for managing tours, from venues to finances.

• Instant syncing capabilities for immediate schedule changes.

• Ability to work offline and sync changes once online.

• Secure data storage with enhanced privacy permissions and data backup.

• Personnel directory and real-time collaboration features.

• Comprehensive tour management with features like guest list management, accounting reports, and customizable tour visibility.

Live Access

• Description: A companion tool focused on ticketing solutions, designed to streamline artist orders and enhance the guest experience.

• Key Features:

• Efficient ticket inventory control and post-event reporting.

• User-friendly interface for artists and their management.

• Partnerships with major artists and events for optimized operations.

Recent Developments

• Funding: Eventric recently secured $5 million in equity financing to accelerate the growth and innovation of the Master Tour platform. This funding round was led by Frontier Growth's Andrew Lindner and Staircase Ventures' Janet Bannister.

• Partnerships: Eventric has announced a strategic partnership with Backline to address mental health in the event and touring industry. This collaboration aims to provide resources and guidance for better mental well-being among tour professionals.

• Product Innovations: Recent updates to Master Tour include new features such as a Personnel Directory, Real-time Collaboration, Offline Editing, and improved Data Security.

New Partnerships and Features

• New Features:

• Real-time collaboration for synchronized team work.

• Ability to send and receive reminders and alerts.

• Offline data editing with auto-sync functionality.

• Enhanced security measures and permanent data backup.

• Partnerships: Collaborative efforts with Backline focus on providing mental health support tailored to the needs of touring professionals.

Clients and Testimonials

• Clients Include: Top names in the music and entertainment industry like Beyoncé, Jim Gaffigan, Bon Jovi, Katy Perry, and The Black Keys, as well as a vast range of other musicians, comedy acts, and entertainment events.

• Notable Testimonials:

• Stephen Shaw-Buckcherry: Recommends Master Tour highly for its integral role in tour management.

• Jim Runge (The Black Keys): Describes it as invaluable for organizing large-scale tours.

• Jason Hecht (fun.): Notes it has saved countless hours in tour management.

• Stacey Saari (Justin Timberlake): Praises Live Access for its efficiency in managing artist orders.

This comprehensive report offers an insightful overview of Eventric's standing and its pivotal role in the live events and touring industry through its innovative solutions and dedication to customer satisfaction.