Madrid, where AI concert analytics startup Breakevent is based. Photo Credit: Quique Olivar
Breakevent, a startup developing AI-powered concert analytics software, has scored an over $908,000 (€876,000) funding round.
Madrid-headquartered Breakevent took to social media to disclose the raise. Led by Archipélago Next (which bills itself as “the first VC born in the Canary Islands”), the round also drew support from Estonia’s Startup Wise Guys, Women Angels for STEAM (WA4STEAM), and Miguel Echenique (a partner at Madrid’s AltamarCAM).
Founded in 2020 by Lucía Martínez Prado, who doubles as CEO, Breakevent touts itself specifically as “the ultimate AI tool to make decisions in the music industry.” And according to the company, said tool is designed for promoters, artists, managers, and venues alike.
As described on its website, the startup maintains a database of over 15,000 music events and 1,500 venues in Spain. This core information is leveraged alongside details about genre (including the types of music likeliest to make a commercial splash in a given area), prior events’ ticket sales, and more.
From there, Breakevent then provides “ticket price and capacity suggestions,” “artist recommendations” by location, events’ “success projection,” and more, per the business.
Looking ahead to the remainder of 2025, Prado indicated in more words that Breakevent will continue expanding in Spain while simultaneously taking steps to onboard international clients.
Those buildout efforts will arrive against the backdrop of continued live-sector growth in Europe, where multiple sizable deals wrapped in 2024.
Last year, KKR scooped up European concert giant Superstruct, Germany’s CTS Eventim posted record nine-month revenue after buying See Tickets (on top of different assets) from Vivendi, and reports suggested that London-based ticketing platform DICE was exploring a high-value sale.
Meanwhile, 2025’s first month has seen AEG realign its global operations amid an aggressive push in Europe, with Superstruct having purchased London’s Boiler Room from DICE two weeks ago.
In other words, there’s quite a lot happening in the European events space in particular. And beyond massive deals involving leading players, a number of startups are emerging with niche solutions tailored for individual markets.
Besides Breakevent, that includes the U.K.’s Seat Unique, which specializes in VIP passes for “premium experiences” and secured a $19.1 million extended Series A in August 2024.
Closer to last year’s conclusion, Netherlands-based Celebratix in November announced a $1.2 million raise. Aiming “to unlock event revenue and customer data before, during & after events,” the blockchain ticketing platform already counts several Amsterdam venues as clients.