Bandwagon, a Greenville Founder Institute member, has recently secured a lead angel and a commitment of $25,000. Their investor is Jason Premo, who is founder of Premo Ventures and investment group Swamp Rabbit Angels, as well as the Director of the Greenville Founder Institute.
“Everything you look for in a great startup, they’re there,” Jason Premo said. “They’ve done a great job being students in the institute. They’ve assembled a great team. They’ve got a great plan. They’ve already demonstrated some customer traction, and they’ve got a prototype product out there now.”
Bandwagon is a online secondary ticket marketplace that is Fan-Focused and Fan-Driven. Whether you're into college basketball (anxiously awaiting March Madness) or college football (where every Saturday in the fall is like Christmas morning) you know what it's like to try to get your hands on tickets to the game. Bandwagon was started so that fans would get the opportunity to get their hands on tickets to the game of the week, and to keep more of their money. A unique feature of Bandwagon is that fans can choose who they want to sell to. This can be an important factor when you don’t want to sell your ticket to the fan of the opposing team.
According to Bandwagon founder and CEO Harold Hughes, “the fans are the center of our market, but we want to be more than tickets”. Hughes envisions other schools, sports and features – think game-day planning tools, fan content and other interactives – that help fans be more engaged overall.
Thus far, the Bandwagon site has more than 275 users and saw around $2,000 in sales since the beginning of September. Bandwagon’s next step is to solidify traction and participation with the Clemson fan base, and expand to other parts of the region.
To find out more about Bandwagon, check out their website here.
Original article: http://upstatebusinessjournal.com/news/greenville-startup-bandwagon-lands-lead-angel-25k-commitment/
