Live music discovery app Dice has been acquired by Fever, the live entertainment platform.
Terms of the deal were not disclosed. The deal was announced 24 hours after Fever secured more than $100 million in funding from L Catterton and Point72 Private Investments through the completion of an equity funding process.
“The combined value proposition will allow artists, promoters and venues working with Dice to keep using the platform exactly as they are today while also gaining access to Fever’s audience spanning over 40 countries and reaching 300 million people through its discovery platform and media,” said a statement.
Fever’s music partners include Primavera Sound, Fabrik, Last Tour, Cercle and TCE Presents. Dice has established global partnerships with venues, festivals and promoters like Club Space, Newport Jazz and Folk Festival, Sonar, London’s Alexandra Palace and Rough Trade.
“Together, we are strengthening our position as the leading global tech player for culture and live entertainment,” said Ignacio Bachiller, Alexandre Perez and Francisco Hein, co-founders of Fever. “We are on a joint mission to put fans first and provide our partners with the best and most innovative tools. At Fever, we are firm believers that data and technology have the power to elevate the live music experience – making it more accessible, more personalised, and ultimately more impactful for fans, artists and venues alike.”
Joining forces allows us to scale even faster
Phil Hutcheon
Phil Hutcheon, founder & CEO of Dice, said: “Since launching Dice in 2014, we’ve stayed true to our mission to get people out more by constantly enhancing the fan experience. From our personalised Discover feature to our upfront, all-in pricing and Wait List feature, we’ve always put fans first. That same ethos is what we’ve found in Fever. Joining forces allows us to scale even faster. Reaching new cities, helping sell out more shows, and delivering the seamless experience fans expect.”
Amid growing scrutiny of ticketing, Dice built its platform with a focus on fans including upfront pricing and its Wait List for sold-out shows.
“Together, the combined scale and capabilities of Fever and Dice answer a growing demand for a consumer-first, innovation-led platform,” the statement continued. “Built with a technology-first mindset and a deep commitment to community, this new force empowers artists and venues to grow on their own terms while continuing to serve the creative industries that inspire them.”
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