Aug 6, 2019

Given that every single one of the vacancies for its Engineering and Marketing departments are based in Madrid, it’s pretty safe to assume that 'event discovery' startup Fever’s beating heart is based there, despite being billed as a UK/Spanish venture. Whatever, they seem to be doing well having recently raised a further $35m in a Series D funding round led by Rakuten Capital, with the participation of existing investors Atresmedia and Accel, as well as Michael Zeisser, former chairman of US Investments for Alibaba Group. Fever previously raised $20m in a series C round a year prior (see Fever generates investor heat for event discovery ), and total funding since its launch in 2014 is in excess of $70m . I’m still struggling to work out Fever’s business model. My earlier UKHotViews post alluded to a risk/reward commission fee for event advertisers. But checking its website, I see you can create an event on Fever and “enjoy 0% commission on orders for your experiences”, so perhaps there’s a subscription fee element. FWIW, Fever’s UK entity is filed under Kzemos UK Ltd at Companies. It reported post-tax losses of £873k in 2018. Its parent company is listed as Fever Labs Inc – so perhaps we should count Fever as a US startup now. Anyway, well done them.