Event-planning company Eventbrite Inc. has filed an initial public offering confidentially with the Securities and Exchange Commission, according to people familiar with the matter.
The company plans to go public later this year in an offering that will be led by
Group Inc. and
Chase & Co., these people said.
The filing Eventbrite submitted to the SEC isn’t yet visible to the public because the company has taken advantage of the commonly used confidential-filing provision of the JOBS Act. Eventbrite will unveil its documents, including details about its financials, in the weeks before its stock-market listing.
Eventbrite’s platform is used to notify people about a range of activities including parties, music festivals, conferences and sporting events. It has processed at least $8 billion in gross ticket sales since its inception.
San Francisco-based Eventbrite was co-founded in 2006 by
Ms. Hartz serves as its chief executive.
The company has raised more than $350 million in capital, from backers including Sequoia Capital, T. Rowe Price Group and Tiger Global Management. Investors valued it at more than $1 billion as of 2014.
The IPO market for nonheathcare, venture-backed technology companies is heating up. Listings such as
helped make it the most active first half of the year since 2014, according to Dealogic.
Other companies set to debut this year include Sonos Inc. and SurveyMonkey Inc.