Online Festivals Hub Everfest Raises $3.6 Million: Travel Startup Funding This Week


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About 32 million people attend at least one festival in the U.S. each year, traveling an average of 900 miles to attend one. Everfest has a promising model to profit off this trade by offering exclusive discounts and creating a festival recommendation engine.

Each week we round up travel startups that have recently received or announced funding. The total raised this week was more than $6 million. >>Everfest, an Austin, Texas-based startup creating an online portal for fans and organizers of music and cultural festivals, has raised $3.6 million in a Series A round. Live Nation, a colossus among concert promoters, co-leads the investment, along with ATX Seed Ventures. Everfest has raised more than $6 million