About Race IT
Race IT is a company based in Richmond (United States) founded in 2004 was acquired by Competitor Group in August 2011.. Race IT operates in a competitive market with competitors including StubHub, Fever, Eventbrite, Ticket Master and Etix, among others.
- Headquarter Richmond, United States
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Sectors
Media & Entertainment
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Competitor Group
(Aug 31, 2011)
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Funding Insights of Race IT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Race IT
Race IT has secured backing from 1 investor. Prominent investors backing the company include Competitor Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Sports services are provided by Competitor Group since 2007.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Race IT
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Race IT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Race It Comparisons
Competitors of Race IT
Race IT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as StubHub, Fever, Eventbrite, Ticket Master and Etix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tickets for live events are bought and resold online.
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| domain | founded_year | HQ Location |
Curator and distributor of live entertainment experiences
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| domain | founded_year | HQ Location |
Platform for discovering and purchasing tickets for events
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| domain | founded_year | HQ Location |
Events discovery and ticket booking platform
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| domain | founded_year | HQ Location |
Online ticketing solutions are offered for entertainment and sports events.
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| domain | founded_year | HQ Location |
Tickets for live events are booked via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Race IT
When was Race IT founded?
Race IT was founded in 2004.
Where is Race IT located?
Race IT is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
What does Race IT do?
Race IT was founded in 2004 in Richmond, United States, and operates in the event management sector. Online registration, race management, and timing management services are provided for endurance events. Users are enabled to find and register for events through the platform. Fees are charged at 3-6 of ticket prices plus a fixed amount of 1.75-7.75. Customers such as Road Rage Events, JA Racing, and RocknRoll Marathon Series are served.
Who are the top competitors of Race IT?
Race IT's top competitors include StubHub, Fever and Eventbrite.
Who are Race IT's investors?
Race IT has 1 investor. Key investors include Competitor Group.