Home / Business and Economy / Comedian Tech Startup Raises $2.1M
Comedian Tech Startup Raises $2.1M
20 Jan
Summary
- Punchup Live secured $2.1M in funding.
- Marquee Ventures led the funding round.
- The platform aims to modernize live entertainment data.
Punchup Live, a technology platform designed to help comedians and live entertainers convert digital audiences into paying customers, has successfully closed a new strategic funding round of $2.1 million. The round was spearheaded by Marquee Ventures, an early-stage fund associated with the ownership group of the Chicago Cubs and other global sports entities.
This investment underscores a rising interest among sports and live-event operators in leveraging modern data infrastructure for the live entertainment economy. Punchup Live aims to address a significant market gap by providing reliable data and tools for high-stakes pricing and demand prediction.
Founded by former Meta employees Danny Frenkel and Alex Dajani, Punchup Live's mission is to equip performers with greater visibility into their audience, pricing strategies, and conversion metrics. The company plans to utilize the new capital to drive product innovation in ticketing, streaming, and analytics, forge strategic partnerships, and develop enhanced tools for performers.
"Comedians and creators are running real businesses, but they've historically lacked the market intelligence and infrastructure those businesses require," stated Danny Frenkel, CEO of Punchup Live. The round's investors possess deep understanding of live audiences, ticketing, and content, enabling the company to accelerate its vision of a more transparent and predictable live entertainment economy.
