Sports Illustrated Tickets secured a $50 million credit facility led by Eagle Point Credit Management LLC (“Eagle Point”) and with Feenix Venture Partners. The credit facility will fuel several strategic priorities for Sports Illustrated Tickets, including expanding its inventory, enhancing customer experience through technology, and deepening partnerships across leagues, teams, and venues.

“Securing this $50 million facility from Feenix Venture Partners and Eagle Point represents more than just capital - it’s a signal that the market shares our passion in what we’re building,” said David Lane, CEO, Sports Illustrated Tickets. “We believe that by combining a trusted 70-year iconic brand, diversified offerings, and deep partnerships with teams and venues, we’re positioned to deliver exceptional value to fans, rights-holders, and investors alike.”

“We are excited to support Sports Illustrated Tickets with capital to accelerate its continued growth,” said Keith Lee, CEO at Feenix Venture Partners. “The company has a very innovative approach to scale its business, is one of the most trusted brands in sports, and has a loyal fan base, all part of a winning combination for long-term success.”

The new financing underscores confidence in Sports Illustrated Tickets’ strategy and long-term vision. It supports the company’s plans to enhance its platform, expand partnerships, and improve the ticket-buying and fan-experience journey.

“Sports Illustrated Tickets is bringing a fresh perspective to live event ticketing - pairing the credibility of an iconic brand with modern data-driven technology that enhances the fan experience in sports leagues and major artist concerts,” said Karan Chabba, Principal and Head of Specialty Finance at Eagle Point. “We’re pleased to provide this capital to help fuel their next phase of growth in expanding inventory and deepening partnerships across leagues and venues.”