Vozzi Raises $7 Million from Growth Street Partners
Vozzi (Salt Lake City), a sports and entertainment engagement platform, has raised a $7 million minority growth investment from Growth Street Partners (San Francisco).
Money
Salt Lake City, Utah, October 8, 2024
Vozzi, an engagement platform based in Salt Lake City, announced today it has raised a $7 million minority growth investment from Growth Street Partners (San Francisco).
The company will use the $7M investment to expand its platform, invest in its team, and further its leadership position in a rapidly adopting market.
Vozzi is changing the way the sports and entertainment industry interacts with their audiences. The company’s all-in-one texting solution empowers brands to modernize their fan engagement strategies and boost revenue. The company’s product suite includes text marketing, text communication and engagement, and text-to-buy.
Vozzi is an all-in-one text marketing, communication and engagement, and text-to-buy solution, enabling customers to engage fans and drive more revenue. The company has a rapidly growing customer base across professional, minor, and collegiate sports teams, as well as entertainment venues and events. Vozzi's Co-founder and CEO, Ben Young, told TechBuzz that the company has secured 90% of the college market.
"We are passionate about helping sports teams and entertainment venues better engage their fans and drive more revenue,” added Young. “We are the only all-in-one text marketing through purchase platform in our industry.
Partnering with Growth Street positions us to further expand this leadership position and continue innovating at a rapid pace,” stated Dave Parson, COO and Co-Founder of Vozzi. “Growth Street is excited to partner with Ben, Dave, and the rapidly growing Vozzi team," said Nate Grossman and Steve Wolfe, the Co-Founders of Growth Street Partners. “Text is a high ROI channel when utilized effectively. Vozzi’s intuitive, compliant, purpose-built platform and industry-leading customer service enables organizations to realize this ROI quickly.”
Vozzi recently added text-to-buy functionality into its platform. "Vozzi's text-to-buy functionality has allowed us to remove the friction in the ticket buying process,” said Anthony Brock, Vice President of Business Strategy and Analytics for Philadelphia Flyers. “The dynamic nature of pushing offers right to our fans’ phones has given us the ability to capitalize on opportunities both early in the buying window, as well as leading right up until the game!"
Vozzi was purpose-built for the sports and entertainment industry. The company’s platform is integrated with major ticketing providers, including Ticketmaster, Paciolan, SeatGeek, Tickets.com and FEVO, and sales and marketing software platforms, including Salesforce, Microsoft Dynamics, Pipedrive, HubSpot, StellarAlgo, and many others.
The company’s customer base also includes well-known brands such as the Utah Jazz, University of Texas, Philadelphia Flyers, Tennessee Titans, Arizona Diamondbacks, Las Vegas Aces, Spartan Race, while also being named the Official Text Provider for the ECHL, formerly called the East Coast Hockey League.
In conjunction with the minority growth investment, Growth Street Partners will join the Board of Directors. Tim Ballantyne, Co-Founder of Suralink and local Salt Lake City entrepreneur, will also join the Board of Directors. “I’m thrilled to support Ben, Dave and the Vozzi team, to work alongside Growth Street again, and to invest in the Salt Lake City tech ecosystem,” said Tim Ballantyne.
Tim Jenkins, SendGrid Co-Founder and angel investor in Vozzi, will also join the Board of Directors.
Visit https://site.getvozzi.com/ to learn more.