VC firms back $20m series-C for Fever
Accel Partners and 14W Ventures have taken part in a $20m series-C funding round for social media page operator Fever.
The round was co-led by Spanish media company Atresmedia and technology real-estate business Labtech.
The fresh capital will be used to expand into new markets across Europe and North America.
Previous funding
Spanish international football players Sergio Ramos and Guti were early-stage investors in Fever's $1.9m seed round in May 2014.
14W and Accel led the first institutional round in October 2014, backing a $7.9m series-A and upping their investment in a $9.5m series-B in November 2015.
Company
Fever was founded in 2014 and is headquartered in London. It owns Secret Media Network, an operator of the Secret London and Secret NYC social media pages, which promote events and experiences in their respective cities.
It also has an app that offers users personalised listings. Across the app and website the company has 12 million unique users per week in its key markets of London, New York, Paris and Madrid.
People
Fever – Ignacio Bachilier (CEO).
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