The D.C.-based online ticketing startup nvite has announced it raised a $1 million investment fund, as first reported by Tech Cocktail, which has team members involved in the deal.
The round includes money from Crystal Tech Fund, the investment arm of Disruption Corporation from Paul Singh. The round is part of a strategy to find a niche left behind by market leader Eventbrite, reports the Washington Business Journal.
As Tech Cocktail reports, the round includes other D.C. investment firms including Middle Bridge Partners, Middleland Capital, District Capital Partners, NextGen Angels and CIT Gap Funds.
nvite launched its private beta this February and has a team of seven.
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