Industry : Social Commerce
Investment Year : 2011
Investment Type : Early Stage Financing
Ticket Monster is the top domestic social commerce firm whose potential market is evaluated at KRW 1 trillion.
Stonebridge Capital excavated the company through its angel investment network. After reference checking and business reviewing in collaboration with NHN, Interpark and other LPs, Stonebridge made Series A investments through three separate funds.
Stonebridge helped Ticket Monster secure a growth platform during its initial phase by connecting it to major business partners such as Banila B, facilitating sales increase and competitive market positioning. Stonebridge, after business case analysis and value enhancement, also made Series B investments along with the US-based venture firm Insight Ventures. The funds were used for the acquisition of a competing firm, allowing Ticket Monster to rise to first place in the market.
Stonebridge sold Ticket Monster to Living Social and acquired Living Social’s shares through equity swap. Living Social along with Groupon is a key US social commerce firm whose major shareholder is Amazon.