HIRING: Volition Capital is now hiring 2022 Investment Analysts.  Learn More

NEWS: Medly Pharmacy Announces Agreement to Acquire Pharmaca: Medly Pharmacy Announces Agreement to Acquire Pharmaca Expanding Free Same-Day Delivery to Include Health and Wellness Products  Read More

NEW FUNDING: Wall Street Journal: Recycle Track Systems Raises $35 Million in Series C Round  Read More

FLASH FEEDBACK: Larry Cheng reviews the pitch deck from Napkin Finance and gives his 2 cents on what's good and what can be improved  Read More

ASK JENNY ANYTHING: Volition Venture Partner Jenny Fleiss answers your questions: Should I raise capital? If so, how much?  Read More

SCALING SUCCESS PODCAST: Volition Capital Partner, Sean Cantwell, interviews Mindy Grossman in his new podcast Scaling Success.  Read More

YAHOO NEWS: Jobvite, JazzHR, and NXTThing RPO Join Forces to Create Market Leader in Talent Acquisition  Read More

Volition

Broker Genius allows ticket brokers to manage ticket inventory by creating custom rules for individual listings and optimizing the timing and pricing of ticket sales.

discover
ABOUT

Founded in 2012, Broker Genius enables ticket brokers in the secondary market to maximize revenue through a fully-automated ticket pricing technology. With the technology, brokers are able to increase their profits and spend more time growing their inventory instead of manually pricing tickets. Customers can choose to work with Broker Genius in two ways: 1) licensing their software product, AutoPricer, and using internal resources to price ticket inventory across online exchanges or 2) outsourcing ticket pricing to Broker Genius’s team of analysts.

BACKGROUND

Founder Sam Sherman got the idea for Broker Genius from first-hand experience selling tickets on the secondary market. Immediately, he saw there was a lack of pricing technology, specifically pricing automation software.

According to Sam, “From the start of the business, we had early product/market fit. As we rolled out additional features, they were adopted very quickly. Because of that, I was able to bootstrap the business without having to raise outside capital. In our first year, we did over $1M in ad revenue. The next year, we did $4.6M. We were just growing really fast – organically.”

Sam and his team realized they had something with Broker Genius – and they knew they needed a partner to conquer the next phase of growth. “That’s when we really started to explore opportunities. My CFO and I made a short list and we started to talk to people. However, from the first meeting with Volition Capital, it was clear that we had found the investor we were looking for.”