Matrix Partners
Matrix Partners is a venture capital firm founded in 1977 and based in San Francisco that backs early-stage and Series A technology companies across sectors such as artificial intelligence, B2B software, consumer technology, fintech, health tech, infrastructure, and semiconductors. The firm emphasizes practical, founder-centered collaboration, often supporting concepts from idea stage through Series A and taking board seats to help portfolio companies scale. It operates globally, including Matrix Partners China, which focuses on long-term relationships with entrepreneurs in China and has a track record of IPOs and strategic exits. The team combines former founders and experienced investors to bring local execution and global perspective. Notable investments span across the technology landscape, reflecting a history of involvement with companies like FedEx, Apple, Oculus, Canva, Zendesk, HubSpot, Postmates, Fivetran, Sila, and GOAT, illustrating the firm’s ability to support companies from early development to scale.
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Past deals in Ticketing
Chalo
Venture Round in 2022
Chalo is a technology-driven platform that provides live bus tracking and contactless payment services to enhance public transportation for its users. The app allows riders to track buses in real time, informing them of arrival times at their respective stops, thereby eliminating the need to wait at bus stops. Chalo utilizes a proprietary algorithm to calculate live arrival times, improving the overall travel experience. Additionally, the platform offers an NFC-enabled touch-to-pay card, allowing users to store funds for seamless payments. This combination of features aims to make urban commuting more efficient and affordable.
Klook
Series E in 2021
Klook is a global online platform facilitating the booking of travel experiences, services, and accommodations. It offers a wide array of activities such as tours, theme park tickets, cultural experiences, and adventure activities across numerous destinations worldwide. Additionally, Klook provides essential travel services like public transport passes, airport transfers, car rentals, SIM cards/eSIMs, and dining reservations to cater to various aspects of travel planning.
Klook
Series D in 2019
Klook is a global online platform facilitating the booking of travel experiences, services, and accommodations. It offers a wide array of activities such as tours, theme park tickets, cultural experiences, and adventure activities across numerous destinations worldwide. Additionally, Klook provides essential travel services like public transport passes, airport transfers, car rentals, SIM cards/eSIMs, and dining reservations to cater to various aspects of travel planning.
Klook
Series D in 2018
Klook is a global online platform facilitating the booking of travel experiences, services, and accommodations. It offers a wide array of activities such as tours, theme park tickets, cultural experiences, and adventure activities across numerous destinations worldwide. Additionally, Klook provides essential travel services like public transport passes, airport transfers, car rentals, SIM cards/eSIMs, and dining reservations to cater to various aspects of travel planning.
Moretickets
Series C in 2018
Moretickets is an online ticketing company based in Shanghai that offers a platform for purchasing first-hand performance tickets. The company employs a multi-channel ticket bidding mechanism that eliminates intermediaries, allowing users to access strictly audited tickets at discounted prices. Moretickets provides detailed information about various performances, enabling customers to make informed purchasing decisions while securing tickets at more affordable rates.
Klook
Series C in 2017
Klook is a global online platform facilitating the booking of travel experiences, services, and accommodations. It offers a wide array of activities such as tours, theme park tickets, cultural experiences, and adventure activities across numerous destinations worldwide. Additionally, Klook provides essential travel services like public transport passes, airport transfers, car rentals, SIM cards/eSIMs, and dining reservations to cater to various aspects of travel planning.
Ferris Wheel Ticketing
Series B in 2017
Ferris Wheel Ticketing, formerly known as Niumowang Ticketing, is an online ticket sales platform.
Founded in 2015, Ferris Wheel Ticketing service is similar to San Francisco-based StubHub, providing services to buyers and sellers of tickets for concerts, operas, dramas, musicals, dance and ballet shows and exhibitions.
The platform currently facilitates around 60,000 ticket sales per month with a transaction value of RMB30 million (US$4 million). It also provides discount tickets and seat reservation services.
Klook
Series B in 2017
Klook is a global online platform facilitating the booking of travel experiences, services, and accommodations. It offers a wide array of activities such as tours, theme park tickets, cultural experiences, and adventure activities across numerous destinations worldwide. Additionally, Klook provides essential travel services like public transport passes, airport transfers, car rentals, SIM cards/eSIMs, and dining reservations to cater to various aspects of travel planning.
Ridlr
Series B in 2016
Ridlr is a public transport application based in Mumbai, India, that was incorporated in 2010. The app serves major Indian cities, including Mumbai, Ahmedabad, Bengaluru, and Delhi, by providing live timings and schedules for buses, trains, metros, and monorails. It offers users real-time traffic information and online ticketing services, facilitating easier and smarter daily intra-city travel. Additionally, Ridlr assists users in finding the quickest and most convenient routes across the entire transit system, enhancing the overall commuting experience. As of 2018, Ridlr operates as a subsidiary of ANI Technologies Private Limited.
Klook
Series A in 2015
Klook is a global online platform facilitating the booking of travel experiences, services, and accommodations. It offers a wide array of activities such as tours, theme park tickets, cultural experiences, and adventure activities across numerous destinations worldwide. Additionally, Klook provides essential travel services like public transport passes, airport transfers, car rentals, SIM cards/eSIMs, and dining reservations to cater to various aspects of travel planning.
Ridlr
Series A in 2013
Ridlr is a public transport application based in Mumbai, India, that was incorporated in 2010. The app serves major Indian cities, including Mumbai, Ahmedabad, Bengaluru, and Delhi, by providing live timings and schedules for buses, trains, metros, and monorails. It offers users real-time traffic information and online ticketing services, facilitating easier and smarter daily intra-city travel. Additionally, Ridlr assists users in finding the quickest and most convenient routes across the entire transit system, enhancing the overall commuting experience. As of 2018, Ridlr operates as a subsidiary of ANI Technologies Private Limited.
zhouwu
Series A in 2013
Friday Travel Network is a Chinese company offering products focused on discount tickets for tourist attractions.
Friday Travel Network provides ticket discount information for tourists. The company sticks to traditional network operation marketing for tourism, aiming to improve tourism for famous scenic spots in China.
Having an operation center located in Hangzhou, Friday Travel Network was established in 2012 in Shanghai, China.
Maizhuo
Series A in 2012
Maizuo Network is a ticketing platform based in Shenzhen, China, that provides a comprehensive movie service to users. Established in 2008 by Shenzhen Huayu Information Technology Co, Maizuo has expanded its reach to cover 37 first-tier and second-tier cities across the country. The platform offers various services, including access to movie information, online ticket purchases, and user interactive social networking features. Additionally, it provides sales for movie-related products. Maizuo has built a strong reputation for reasonable ticket prices and has attracted over one million users to its services, facilitating increased attendance at theaters.
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