Brazil’s Ingresse raises $22 million

Online ticketing challenger Ingresse says it plans to use the R$90m round, which includes investment from Nathan Hubbard’s Rival, for acquisitions and product development

© Ingresse

Brazilian ticketing platform Ingresse has raised R$90 million (US$21.8m) in a series-C funding round led by Endurance Fund Ltd.

The Cayman Islands-based fund, which invested in Spotify in the months leading up to its public listing, joins new investors including Rival – the new venture by former Ticketmaster CEO Nathan Hubbard – Globo Group, e.Bricks Ventures, RK Partners and Galapagos Capital, alongside existing investors Qualcomm Ventures and Mercado Livre, in the round.

According to Brazil Journal, Ingresse, founded in…

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