• Loading stock data...
Saturday, March 2, 2024

KORE Software Kicks Off New VC Arm with Investment in Fevo

Fevo, with a new investment from KORE Software Capital, will be able to take their business to the next level. Image via Fevo

Fevo, with a new investment from KORE Software Capital, will be able to take their business to the next level. Image via Fevo

Startups couldn’t be any hotter in sports right now. As more and more people continue to try and start their own businesses, established ones are creating venture capital arms in hopes of helping promising companies develop into industry-leading initiatives.

One such company getting into venture capital is longtime sports industry stalwart, KORE Software. With KORE Software Capital LLC, KORE will use its industry-leading capabilities in business management solutions for sports and entertainment to make strategic investments of up to $1 million each.

Want more great content like this? Be sure to subscribe to our newsletter!

With Fevo, KORE Software Capital, LLC, believes they have a revolutionary technology that aligns with their goals. Image via Fevo

With Fevo, KORE Software Capital, LLC, believes they have a revolutionary technology that aligns with their goals. Image via Fevo

Created less than a year ago, KORE Software Capital LLC has made its first investment in the group ticketing company, Fevo.

By making it easy for friends or companies of any size to create memorable group experiences, Fevo has transformed the event industry.

With Fevo, Todd Cusolle, President and Co-founder of KORE Software and KORE Software Capital, LLC, believes they have a revolutionary technology that aligns with their goals.

“Fevo is revolutionizing the way people attend events in groups. They’ve created powerful technology and taken a smart approach to a part of the business that aligns with KORE Software’s values and interests in the sports and entertainment world. It will be a mutually-beneficial partnership,” said Cusolle.

With the backing from KORE, Ari Daie, Fevo’s CEO, sees a relationship that will let them improve their product and increase their global presence and success.

“We’re thrilled to have this support and backing. KORE has revolutionized how fan relationships and sponsorship revenue are managed globally. Now KORE’s experience and guidance will help Fevo improve the fan experience and achieve a huge level of success too.”

To learn more about KORE Software, click here.

To learn more about Fevo, click here.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

One Of World’s Largest Pickleball Facilities to Open in Arizona

PURE Pickleball will be the largest pickleball facility in Arizona.

Athlete-Backed SPACs Take Another Hit As Kevin Durant’s Shuts Down

NBA superstar is not immune to downturn in SPAC market

Goldman Sachs Opens Door For Clients To Invest In Sports Teams

Firm initiative opens new opportunities for wealthiest clients

Giannis Antetokounmpo’s Sports Empire Is Only Getting Bigger

NBA superstar’s investment in TGL team expands business portfolio
podcast thumbnail mobile
Front Office Sports Today

Jenny Cavnar is Breaking Barriers During Oakland’s Strange Season

0:00
0:00

Featured Today

Sheer Madness: What You Need to Know About MLB’s New Uniform Saga

MLB’s reworked uniforms have become a major source of spring training controversy.
Oct 5, 2021; Kansas City, Missouri, USA; Bob Kendrick, president of the Negro Leagues Baseball Museum in Kansas City, points to the lettering outside of the museum Tuesday.
February 28, 2024

How Do You Keep Negro Leagues Baseball History Alive? Put It in a Video Game

Negro Leagues Baseball Museum attracting increased donations, visits from ‘MLB The Show.’
February 26, 2024

The Victor Wembanyama Rookie Card Market Hasn’t Matched His Hype

A cooling market and Fanatics autograph deal leaves big-money collectors waiting.
February 25, 2024

Sham Gods: The Rapidly Growing World of Sports Impersonators on X

Fake Schefters and Wojs, fabricated trade demands, and borrowed profile pictures.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Spotify
Multiple - USA Careers
Nike
Multiple - USA Careers
EA
Multiple - USA Careers
The Adidas ball has changed over the years.

The Most Advanced Tech at the Women’s World Cup Might Surprise You

This year’s OCEAUNZ introduces connected ball technology to the women’s game.
Sponsored

Creating Fan-Centric Content With AI

WSC’s highlight automation improved the speed of ESPN’s content creation.
Sponsored

Rewriting the Sports Media Playbook

WSC’s highlight automation improved Clemson’s content strategy and overall growth.
Sponsored

How LivePass is Redefining Ticketing for the Next Generation of Fans

The next wave of ticketing technology.
Sponsored

Re-Imagining Storytelling With AI

Amy Anderson, Head of Content Strategy at NASCAR Studios, discusses the role of AI technology in developing and growing new content.
Arial view of Audi testing track
December 4, 2022

Audi Gears Up for F1 with Major New Facility

Audi is building a 10,000 square-foot building to support its F1 efforts.
Woman wears Meta Quest headset while working out to have virtual reality exercise session
November 22, 2022

Meta’s Plans for VR Fitness Could Hit Snag

A government agency is looking to block an acquisition by Meta.
Nike phone advertisement
November 15, 2022

Nike Jumps Further into Metaverse With Virtual Sneaker Platform

The world’s largest sportswear company is taking its talents to the metaverse.