Fevo
Founded 2016 · 126 employees on LinkedIn · 7 known investors
FEVO builds an e-commerce platform that combines online shopping with social features enabling shoppers to connect, collaborate, and validate purchases together. The platform serves brands and consumers seeking a socially-connected shopping experience.
Also known as FEVO
Founders & leadership
Fevo was founded in 2016 by Ari D..
Investors · 7
.jpeg){kind=logo}
Company profile
researched Aug 2026FEVO is an enterprise software company whose cloud-based "Social Checkout" product adds group and social features to online purchasing on a brand's own website. Its checkout lets shoppers share carts in one click, message each other peer-to-peer, split payment costs, coordinate seating, mix inventory types into a single transaction and earn group rewards, with sharing tools built into every checkout so that an initial buyer can recruit additional buyers.
The company's primary market is live entertainment — sports, music and festivals — where its software supports group ticket sales, and it also positions the product for retail and travel bookings, including collaborative itineraries and multi-experience purchases. FEVO states it integrates with a range of ERP and inventory management systems so clients can adopt the checkout without replacing existing systems. Press coverage describes FEVO as a participant in open ticketing distribution, including sports tickets sold through Costco.
Founding story
FEVO was founded in 2016 by Ari Daie, who served as CEO from founding and had previously been head of strategic partnerships and mergers and acquisitions at Live Nation. Himanshu Kothari served as chief financial officer from 2016.
Business model
FEVO sells enterprise software to brands, venues, teams and creators that they deploy on their own websites, with the vendor also offering access to a network of strategic partners providing additional utilities and services.
Traction
The company reports more than 800 blue-chip brand clients and, since its 2016 launch, more than 24 million tickets sold to 6.1 million fans. In September 2024 the company said it was experiencing record growth while refocusing on its fastest growing and most profitable business lines.
Latest developments
In September 2024 FEVO confirmed that founder and CEO Ari Daie and CFO Himanshu Kothari were no longer with the company, stating it had decided to focus on its fastest growing and most profitable business lines; George Wells took the interim CFO role. Company materials subsequently list Betty Tran-Rennon as president and George Wells as chief financial officer.
▸Full profile — market position, technology, go-to-market, history, risks & controversies
Market position
FEVO says it works with more than 800 live entertainment brands and describes itself as a significant presence in live events; a trade publication characterized it as a notable player in open ticketing distribution that has worked with hundreds of major sports organizations.
The company positions its differentiation around embedding social and group-buying mechanics directly in a brand's own checkout rather than off-site channels, and claims integration breadth across inventory management systems so clients need no new technical build.
Technology
Cloud-based enterprise software delivering a mobile-friendly checkout with cart sharing, peer-to-peer messaging, split payments, group rewards, seat coordination and mixed-inventory bundling, integrated with third-party ERP and inventory management systems.
Go-to-market
Direct enterprise sales to brands, teams and venues, supplemented by partner-driven distribution; the product's built-in sharing features are intended to convert existing customers into referral channels.
Live entertainment brands including sports organizations, music and festival promoters, venues, teams and creators; the company also targets retail and travel brands.
History
Launched in 2016 focused on live events ticketing, FEVO expanded its social checkout positioning to retail and travel and states it has raised $140 million in capital, including a Series C of $31 million. In September 2024, founder and CEO Ari Daie and CFO Himanshu Kothari departed, with George Wells acting as interim CFO and remaining leadership including Betty Tran, Joshua Rose and Steve DeMots.
Risks & controversies
The simultaneous, unexplained departures of the founder-CEO and long-tenured CFO in September 2024 were reported as surprise exits, with the company citing a refocus on its most profitable business lines rather than a stated reason for the departures.
Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 6
by search overlap
Companies competing with Fevo for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 2
launches, deals, and filingsFEVO confirmed that founder and CEO Ari Daie and CFO Himanshu Kothari were no longer with the company, saying it had decided to focus on its fastest growing and most profitable business lines. George Wells served as interim CFO, with Betty Tran (COO), Joshua Rose (CRO) and Steve DeMots (Chief Commercial Officer) among remaining leadership.
Company investor page states it has raised $140 million in capital, with a recent Series C round of $31 million.
$31M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 7
primary sources listed
- Fevofevo.com · web
7 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Fevo do?
- FEVO makes cloud-based social commerce checkout software used by live entertainment brands to sell tickets in groups.
- Who founded Fevo?
- Fevo was founded by Ari D. in 2016.
- Who are Fevo's investors?
- Fevo's investors include 359 Capital, Contour Venture Partners, Rho Capital Partners, Rho Ventures, Sapphire Ventures, Harris Blitzer Sports & Entertainment, Red Sea Ventures.