FanUp.ai utilizes patent-pending technology to identify probable no-shows for sold tickets, allowing sports teams to fill empty seats and maximize revenue from concessions and merchandise. By enhancing ticket liquidity and optimizing seat allocation, the system transforms unused capacity into tangible financial returns for teams.
Funding
Funding not disclosed
Founders
Product
Problem
Professional sports teams face revenue loss due to unsold tickets and the underutilization of sold tickets, resulting in empty seats even at "sold-out" events. This reduces potential revenue from parking, concessions, merchandise, and in-game wagering.
Solution
FanUp.ai offers a technology solution that identifies likely no-shows for sporting events, enabling teams to proactively fill those seats and maximize revenue. The system uses a patent-pending "Customer-First" approach to analyze fan behavior and predict attendance. By matching available seats with selected users through in-game upgrades and a rewards engine, FanUp.ai enhances ticket liquidity and optimizes seat allocation. This process generates more efficient inventory turns and provides teams with proprietary first-party consumer data streams.
Target Audience
FanUp.ai targets professional sports teams and venue operators seeking to increase revenue by minimizing no-shows and maximizing in-venue spending.
Features
- Predictive analytics to identify probable no-shows before the event.
- In-game upgrade system to incentivize attendance and fill empty seats.
- Rewards engine to build long-term ticket liquidity.
- Real-time seat allocation optimization.
- First-party data collection and analysis for enhanced fan understanding.