Fundraising Fox

Ticket Wallet

YC X25

New York City, US · Founded 2023 · 20 employees · 4 known investors

Ticket Wallet is a platform that uses AI to automate ticket resale, offering dynamic pricing, multi-marketplace distribution, and automated transfers for individual and professional ticket sellers. The software handles pricing optimization, listing management across 8+ resale platforms, and payment processing with a single dashboard.

Also known as Ticket Wallet (YC X25) · Ticket Wallet LLC

AI & Machine LearningEnterprise SoftwareMarketplacesSaaSUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (X25)

Ticket Wallet was founded in 2023 by Truman Gelnovatch and Ryan Clare.

TGTruman Gelnovatch
Truman GelnovatchinFounder & CEOTruman Gelnovatch is a Princeton graduate who has worked in ticket resale for five years and founded Ticket Wallet.
RCRyan Clare
Ryan ClareinCEO & FounderRyan Clare studied computer science with a focus on machine learning at Princeton. He is co-founder of Ticket Wallet, which applies AI to ticket sales operations.

Investors · 4

Also in the syndicate · 2

strategic angelsSymphony Ventures

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

The YC application· Spring 2025 batch

Alumni Q&A

How did your company get started? (i.e., How did the founders meet? How did you come up with the idea? How did you decide to be a founder?)
The company started after co-founder Truman had to sell his grandfather's Miami Heat season tickets during college and found pricing, listing, and selling them tedious despite their value. He recruited his classmate Ryan to build Ticket Wallet.

Summarized from the founders' answers on their Y Combinator profile.

Company profile

researched Aug 2026

Ticket Wallet is an AI-powered ticket resale and management platform for season ticket holders, individual sellers and professional brokers. Sellers connect their marketplace accounts or upload tickets by barcode, and the platform imports inventory, prices it, lists it and manages transfers from a single dashboard. Listings are broadcast to more than eight resale channels, including Ticketmaster, StubHub, SeatGeek, Vivid Seats, TickPick, Gametime, AXS, GoTickets, Ticket Evolution, TicketNetwork and TradeDesk, and the company states it adds marketplace partners over time.

The pricing engine reprices listings continuously, using inputs the company describes as total listing supply and supply trends, price distributions, venue location and stadium capacity, matchup rating and event popularity, and historical sales and price trends. Tickets remain with the seller until they sell; when a sale occurs, tickets are transferred automatically if team credentials or barcodes are on file, otherwise the seller forwards them. Qualified sellers can access instant payouts, and the dashboard tracks revenue, active listings and sell-through rates. The product is available as a web application and an iOS app published by Ticket Wallet LLC.

Founding story

Founders Truman Gelnovatch and Ryan Clare met on the Princeton men's soccer team. Gelnovatch studied economics and had been reselling tickets for about five years; Clare studied computer science with a focus on machine learning. The idea emerged in their senior year when Gelnovatch had to sell his grandfather's Miami Heat season tickets and found the pricing, uploading and selling process manual and time-consuming, prompting him to approach Clare to build software for it.

Business model

Transaction-based software and distribution platform. There is no subscription, listing or setup fee; Ticket Wallet charges a flat 10% commission on each successful sale, which it describes as equal to or below the fee charged by most major marketplaces.

Commission of 10% per ticket sold, collected only on completed sales.

Traction

The Y Combinator profile reports more than $3M in ticket inventory onboarded since launch, 100+ paying sellers, and early work with professional sports teams, with brokers seeing a reported 27% increase in revenue per ticket sold. The company website later cites $18M+ in tickets sold, 3,000+ active sellers and $2.7M+ in monthly volume. The iOS app holds a 4.7 rating from 30 ratings and has shipped regular releases; the site also cites ratings on G2, Capterra and Trustpilot.

Latest developments

Following the July 2025 seed round, the company continued shipping app releases through 2026 covering selling flow, ticket upload, search by venue, minimum price floors, payments and performance, and reports expanded scale metrics of $18M+ in tickets sold, 3,000+ active sellers and $2.7M+ in monthly volume.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positions itself as an automation layer sitting above the major resale marketplaces rather than a competing marketplace, targeting what it cites as a $26.3B US ticket broker market. It contrasts its automated approach with manual workflows based on spreadsheets and with brokers outsourcing pricing to offshore teams.

Real-time AI repricing on every listing, simultaneous distribution to 8+ marketplaces, retention of tickets by the seller until sale, a single dashboard for listings and payouts, automated transfers, and a commission-only pricing model with no subscription or listing fees. Founders cite firsthand experience as ticket sellers.

Technology

Proprietary machine-learning pricing algorithms that analyze live market data and historical trends and reprice listings 24/7, integrated with APIs of major resale marketplaces for automated listing and delisting, automated ticket transfer via team credentials or barcodes, and payout processing. Delivered through a web app and iOS/Android applications.

Go-to-market

Self-serve signup with free account creation and web and mobile apps, combined with direct outreach to brokers, season ticket holders and pro sports teams. The Y Combinator launch post sought warm introductions to teams, brokers and season ticket holders, and the company markets through its App Store listing and social channels.

Season ticket holders, individual and one-off event-goers, resellers, professional ticket brokers moving large annual volumes, and professional sports teams.

Geography

Headquartered in New York City; one profile lists an office at 55 Washington St, Brooklyn, NY. Operations and marketplace integrations are focused on the United States, and the app is distributed in the US App Store.

History

Founded in 2023, the company shipped an iOS app and web platform and joined Y Combinator's Spring 2025 (X25) batch, where it published a launch post describing its AI pricing and distribution system. In July 2025 it announced a $6M seed round led by Seven Seven Six. Y Combinator lists a team size of 20 and a status of active.

Risks & controversies

Performance figures such as the 27% revenue lift, seller counts and volume totals are company-reported and not independently verified; the company states it does not promise guaranteed returns. Third-party profiles disagree on headcount (1-10 vs. 10-20 vs. 20) and on total funding ($6M vs. $6.1M), and revenue and valuation figures on aggregator pages are third-party estimates. The business depends on continued access to and integration with third-party resale marketplaces that are also listed as competitors.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Active sellers (company-stated)Jan 20263,000+
Commission per ticket soldJan 202510%
Estimated monthly website visits (third-party estimate)Jul 20269,200 visits
HeadcountAug 202614
IOS App Store ratingJan 20264.7 out of 5 (30 ratings)
Marketplaces distributed toJan 20268+
Monthly volume (company-stated)Jan 2026$2.7M+
Paying sellersJan 2025100+
Reported revenue increase per ticket sold for brokersJan 202527%
Team sizeJan 202520 employees
Ticket inventory onboarded since launchJan 2025$3M
Tickets sold (cumulative, company-stated)Jan 2026$18M+
US ticket broker market size (company-cited)Jan 2025$26.3B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 5

by search overlap

Companies competing with Ticket Wallet for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Jul 2025
Raised $6M seed round

Ticket Wallet announced a $6,000,000 seed round led by Seven Seven Six, with participation from Palm Drive Capital, Symphony Ventures, Y Combinator and strategic angels, to be used for product development, technology, and market expansion.

$6M source ↗

Jan 2025
Participated in Y Combinator Spring 2025 batch

Ticket Wallet was part of Y Combinator's Spring 2025 (X25) batch, with Pete Koomen as primary partner.

source ↗

Jan 2025
Began working with professional sports teams

The company reported starting to work with pro sports teams alongside brokers and season ticket holders.

source ↗

Jan 2025
YC launch of AI-powered ticket resale platform

The company published its Y Combinator launch post presenting an AI-powered pricing, listing and distribution system for ticket brokers, together with a web app and iOS mobile application.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Ticket Wallet do?
AI-powered ticket resale platform that prices, lists and distributes sellers' tickets across major marketplaces.
Who founded Ticket Wallet?
Ticket Wallet was founded by Truman Gelnovatch, Ryan Clare in 2023.
Who are Ticket Wallet's investors?
Ticket Wallet's investors include Circle & Co., Y Combinator.
Where is Ticket Wallet headquartered?
Ticket Wallet is headquartered in New York City, US.