Updated: Friday, April 7, 2017, 3:01 AM
SocialLadder, a Philadelphia-based startup that enables live events to promote and sell tickets through its peer-to-peer marketing platform, beat 44 competitors for the “Best Management Team” honors at a New Jersey Tech Council event.
“We are growing rapidly and hope to become the go-to platform where passionate people connect with experiences, things and causes that they love,” said co-founder and CEO Raavi Iqbal.
In 2016, the company said it facilitated more than $5 million in direct ticket sales through its 100,000-strong network while notching 30 percent growth for each of the last five quarters. In early 2017, SocialLadder expanded into Canada, United Kingdom, Belgium, Croatia and the Netherlands.
While the win comes with no cash, Iqbal hopes to leverage it in a new fundraising round. SocialLadder plans to hire more employees and expand both in America and Europe.