Eventbrite Has Confidentially Filed for an Initial Public Offering
The San Francisco-based company was co-founded in 2006 by Kevin Hartz, Julia Hartz and Renaud Visage. Eventbrite’s services are used primarily to notify users about upcoming activities that range from music festivals, parties, and sporting events, to conferences. Since its inception, the company has processed nearly $8 billion in gross ticket sales.
The filing that was submitted to the SEC has not been visible to the public due to the fact that Eventbrite has utilized the standard confidential-filing provision that emerged from the Jumpstart Our Business Act. The documents, when unveiled, will reportedly include details regarding the company’s financials during the weeks before its initial stock-market listing.
According to reports from Dealogic, the IPO market has been exceptionally active in 2018, with listings by multiple tech companies like DocuSign Inc. and Dropbox Inc. accounting for the most active first half of the year since 2014.