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TicketManager Aims to Accelerate Category Growth and Innovation with $110M Investment from Valeas Capital Partners

TicketManager Aims to Accelerate Category Growth and Innovation with $110M Investment from Valeas Capital Partners

June 3, 2025 Craig Etkin

CALABASAS, Calif.–(BUSINESS WIRE)–TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners (“Valeas”), a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company.

Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

Implementing best practices in process and technology with TicketManager has a proven ROI driven by eliminating thousands of hours of manual work, boosting utilization of ticket assets by high value customers, elevating guest and employee satisfaction, and providing real-time analytics for C-suite visibility. TicketManager has built the category and is the trusted partner of choice for over 500 of the largest global brands. The platform integrates seamlessly with approximately 400 venues and teams worldwide.

“Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending,” said Tony Knopp, CEO and Co-Founder of TicketManager. “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

“In today’s environment where investments into customer entertainment are increasingly viewed as a critical driver of client engagement, businesses are prioritizing measurable returns on investment. TicketManager has established itself as the category leader in its space, helping deliver actionable insights and analytics to businesses that link ticket usage to business outcomes,” said Ed Woiteshek, Co-Founder and Managing Partner of Valeas Capital Partners. “With its innovative platform and strong customer base, we believe TicketManager is well-positioned to capitalize on increasing demand for data-driven event management solutions and look forward to supporting their strategic growth plans.”

Mr. Knopp continued, “Valeas shares our focus on partnership and long-term vision. Their experience scaling high-growth, tech-enabled businesses will be helpful as we execute our growth plan, build the category and scale our company.”

The founders of Valeas have a proven track record of partnering with high-quality, tech forward, growth-oriented businesses that are at inflection points in their growth journey. At and prior to Valeas, relevant companies they have partnered with include DoubleClick, CarProof, Deliveroo, Ren and Well.

The transaction is expected to close in June 2025.

About TicketManager

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness.

TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard. It is an official partner of numerous professional and collegiate sports organizations, including franchises in the National Football League, National Basketball Association, National Hockey League, Major League Baseball, Major League Soccer, and programs throughout the National Collegiate Athletics Association. For more information visit TicketManager.com.

About Valeas Capital Partners

Valeas Capital Partners is a San Francisco-based mid-market private equity firm focused on growth-buyout partnerships backing industry-leading management teams. Valeas is developing a concentrated portfolio of growth-oriented, tech-enabled businesses in sectors where its team has deep industry expertise. Leveraging the team’s experience as both investors and operators, Valeas seeks to prioritize strong collaboration with portfolio company management teams to create lasting market leaders and value for investors. Valeas focuses on three primary sectors: healthcare, financial services and data & technology. Representative investments include: CINQCARE, Sequoia Financial Group, Baker Tilly, and Ren. For more information visit valeas.com.

Contacts

For TicketManager:
Paul Kim, TicketManager
+1 (818) 698-3616
press@ticketmanager.com

For Valeas Capital Partners:
FGS Global
Alyssa Lorenzo / Lindsay Andrews / Miranda Dunne
valeas@fgsglobal.com

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, Calabasas, California, TicketManager, Venture Capital

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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

According to state and local development sources, VA Houston Healthcare System plans to invest $31 Million to build out 66,612 square feet of new space in Beaumont. The company plans to occupy the new space at 3295 College in Beaumont, on or about February 1, 2027. The Beaumont VA Clinic which was authorized and funded through the PACT Act, or the Honoring our Promise to Address Comprehensive Toxics Act of 2022, will be located at 3295 College Street in Beaumont. The new clinic will be almost double the amount of space in the current Beaumont Outpatient clinic.  

In a statement Frank Vazquez, Houston VA Medical Center Director said, “We are excited to expand our services in Beaumont to provide our Veterans with a modern healthcare clinic that caters to their needs.” “The more services we can offer in our new VA Clinic, the less the Veterans will need to travel to Houston for specialty medical care.” “We are truly committed to ensuring our southeast Texas Veterans receive the top-quality healthcare they deserve as quickly and conveniently as possible.” “Our goal is to provide as much health care as possible to our Veterans here in Beaumont and our new clinic will allow us to expand and will be modern and updated.  We can’t wait to get it up and running.” 

Construction is set to begin in the coming months to renovate and build out the new clinic, with an anticipated opening date set for early 2027.  Earlier this year, Houston VA announced the beginning of a new shuttle service for Southeast Texas Veterans who need to get to the VA hospital in Houston for treatment.  The shuttle service offers Veterans a free ride to and from the Houston VA on weekdays. Veterans can catch the free shuttle each weekday morning at the Beaumont VA Outpatient Clinic.  

According to the company website VA Houston Healthcare System provides health care services to Veterans at 13 locations in southeast Texas. The VA Houston Healthcare System provides you with outstanding health care, trains Americas future health care providers, and conducts important medical research. At the VA Houston Healthcare System, were dedicated to improving the lives of Veterans and their families every day. The VA Houston Healthcare System is one of the leading health care systems serving Veterans in the South Central VA Health Care Network. Were an innovative care center within the Veterans Integrated Service Network 16 (VISN 16), which includes medical centers and clinics in Mississippi, Louisiana, Arkansas, Oklahoma, southeast Texas, and northwest Florida.
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LuminX, an AI-driven company pioneering cutting edge inventory automation and visibility, announced today the closure of its $5.5 million seed funding round. This initial funding will accelerate the development and deployment of its solutions for the logistics and warehousing industry. The seed round was supported by a multitude of investors, including 1Sharpe, GTMFund, 9Yards, Chingona Ventures, and the Bond Fund. LuminX addresses critical inefficiencies in supply chain and warehouse management that lead to significant operational costs and errors. The company is at the forefront of solving these issues by developing and deploying its Vision Language Models (VLMs) directly onto low-cost mobile hardware within the warehouse – an approach that makes advanced AI accessible and practical for a wider range of operations.

LuminX systems uniquely integrate sophisticated visual understanding with powerful generative AI capabilities, enabling its cameras to ‘see’ and interpret complex, dynamic warehouse environments in real-time—recognizing products, varied labels, assessing package conditions, and tracking movement. These versatile devices can be deployed anywhere in the warehouse, including docks, conveyors, on forklifts, or as handheld units. LuminX’s system intelligently processes this visual information to automate intricate operational tasks, eliminate manual work, and provide actionable data for drastically reducing discrepancies and optimizing overall workflow.

LuminX is led by founder and CEO Alex Kaveh Senemar, a seasoned entrepreneur with a proven track record of building and scaling successful AI companies across several industries. He previously founded and led Voxel, a pioneering AI company in warehouse safety and operations, and prior to that, founded Sherbit, which was successfully acquired by Huma in 2019. He is joined by co-founder & CTO Reza Javanmardi, Ph.D. in Computer Science and former Head of AI Research at Voxel, whose career spans impactful R&D in machine learning and computer vision across startups and research institutions.
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