Goldman Invests in Live Event Startup Ahead of Possible IPO

Live events platform Fever raised $227 million in a funding round led by Goldman Sachs Group Inc., a sign that post-pandemic live events can attract investor interest.

Fever Chief Executive Officer Ignacio Bachiller Strohlein said the New York-based startup was valued at “just over a billion dollars” as part of the funding round, and had a “very clear path” toward an initial public offering.

“The demand for live experiences is higher than ever, despite the pandemic,” he said in an interview, but declined to say when or where a potential IPO might take place.

Founded in 2014, Fever sells ...