EventFund partners with event producers like you to provide funding, simplify your accounting, and limit the financial risk of producing events.
We’re half-investor, half-nerdy accounting team, and completely obsessed with solving the unsexy problems so you can focus on what matters most: throwing better events.
Want to learn more?
FOR PROMOTERS, VENUES, AND EVENT CREATORS
UPFRONT EVENT FINANCING
(SO YOU CAN BOOK MORE SHOWS AND GROW YOUR BUSINESS)
We think recurring event revenue, big signing bonuses and one-time grants should be reinvested in your business, not tied up in talent deposits or short-term production expenses.
Overlapping show expenses cause cash flow bottlenecks, limit the number of shows you can book, and slow your growth.
EventFund covers your talent deposits and/or show costs in exchange for a flat fee or revenue share so you can book more shows and keep growing your business.
We’ll help create a financial model and set goals for expenses and profitability.
We’ll fund an account to cover the event expenses and share visibility with you and your team.
Ticketing revenue will be deposited directly into the expense account to create a seamless flow of funds.
We’ll provide a simple settlement report after the event and profits will be sent to you according to our agreement.
WHAT IS DOWNSIDE PROTECTION?
While we always aim for a sell out, we understand that things happen. Our downside protection programs are designed to soften the blow. We will cover the immediate cost of an unprofitable event, allowing you to amortize it over time. We also provide event cancellation protection to supplement your existing insurance policies. Learn more.
Is this a loan?
No. This is true partnership. We work together to forecast your capital needs and set an upper limit on how much money can be deployed at once. Then we fund event expense accounts on a one-off, as-needed basis.
How much does this service cost?
To keep incentives aligned, we make money by sharing revenue from profitable events or taking an agreed-upon flat fee (for deposit financing).
How and when do my vendors and artists get paid?
Vendors and artists are paid directly out of the expense account that we fund for each event. You forward invoices along to our accounting team, and we pay the vendors directly and in real time. It is as easy as that.
How and when do I get paid?
You are paid according to our revenue sharing agreement after every event.
What happens if an event loses money?
We allow our partners to amortize their losses across future events by adjusting our revenue share or increasing consumer-facing fees.
What happens if an event is cancelled?
The loss from a qualified cancellation is covered entirely by EventFund and does not affect your expense limit or future revenue sharing arrangements. Learn more.
How long is the partnership?
We are looking to create lasting partnerships, so agreements are typically at least a year in length. Downside protection is only available on longer-term agreements. You are never obligated to use our financing for specific events.