TickPick started life in 2011 as a secondary ticketing website, but has since expanded into primary ticketing too, working directly with festivals, sporting bodies and other entertainment events in the US. Now the company has raised its first ever round of institutional funding, and it’s a biggish one: $40m from investment firm PWP Growth Equity. It’s also the private-equity company’s first investment in a music-related startup, as far as we can tell.

TickPick’s founders told TechCrunch that the site’s focus remains the promise to eliminate all hidden fees (albeit by including them into upfront prices for tickets, rather than getting rid of the actual fees altogether).

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