Ticket Wallet is an AI-powered ticket resale platform that helps sellers—including season ticket holders and brokers—automate and optimize the process of selling tickets across major marketplaces. Ticket Wallet offers a unified service that automates pricing, listing, and delivery for event tickets, making resale more efficient and profitable for its users.
How Does Ticket Wallet Work?
Ticket Wallet's core service leverages artificial intelligence to handle several key aspects of ticket resale:
- AI-Driven Dynamic Pricing: The platform continuously updates ticket prices 24/7 based on market data, aiming to maximize revenue for sellers.
- Multi-Marketplace Listing: Tickets are automatically listed across major resale sites including Ticketmaster, StubHub, SeatGeek, TickPick, and AXS, increasing the chances of a sale.
- Automated Delivery: Once a ticket sells, Ticket Wallet ensures delivery to the buyer is handled automatically, eliminating manual steps for the seller.
- Centralized Dashboard: Sellers can manage their entire ticket inventory and monitor sales performance from a single dashboard, saving time and providing greater control.
This automation addresses the common pain points faced by sellers who previously relied on spreadsheets and manual updates, streamlining what was once a labor-intensive process.
Who Uses Ticket Wallet?
Ticket Wallet is designed for a range of ticket sellers, including:
- Season Ticket Holders looking to sell unused tickets more efficiently and at better prices.
- Professional Ticket Brokers who manage large volumes of inventory and require automated tools to remain competitive.
- Pro Sports Teams that partner with the platform to optimize their ticket resale operations.
Since its launch, Ticket Wallet has onboarded over $3 million in ticket inventory, with more than 100 paying sellers utilizing the service. The platform reports an average 27% increase in revenue per ticket and significant time savings for its users.
What Makes Ticket Wallet Different?
Ticket Wallet distinguishes itself through its full-stack automation and AI-powered approach. Unlike traditional methods that require manual price adjustments and individual site listings, Ticket Wallet automates these tasks, letting users focus on strategy rather than execution. Its real-time dynamic pricing model and multichannel distribution provide sellers with a modern, scalable infrastructure for ticket resale.
Who Leads Ticket Wallet?
The company was founded by Truman Gelnovatch (Founder & CEO) and Ryan Clare (Founder), who both studied at Princeton University. Truman brings years of experience in ticket flipping, while Ryan has built pricing tools to address the challenges of resale. Alex Charles, also part of the founding team, contributes to the technical development of the platform. Ticket Wallet is currently a part of Y Combinator's X25 cohort.
Who Are Ticket Wallet's Competitors?
Ticket Wallet operates in a competitive space alongside ticket resale management tools and listing platforms. While many sellers still rely on spreadsheets or manual processes, competitors include other inventory management platforms and proprietary tools developed by large brokers. Ticket Wallet's unique combination of AI-driven dynamic pricing and multichannel automation sets it apart from traditional solutions.
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