MyVenue Receives Majority Investment from Greater Sum Ventures
Deal News | May 06, 2025 | Greater Sum Ventures
Entrepreneurial family office Greater Sum Ventures (GSV) has made a majority investment in MyVenue, an innovator in event venue point-of-sale (POS) technology. MyVenue specializes in seamless POS solutions for sports, entertainment, and hospitality venues worldwide, enabling billions of dollars in transactions at high-profile venues like Dodger Stadium and the Los Angeles Memorial Coliseum. This funding will allow MyVenue to boost its global growth and increase its research and development capabilities. The company will continue operation under the leadership of CEO Tim Stollznow, who is credited with developing its successful and adaptive technology strategy. TI Partners served as MyVenue’s exclusive financial advisor.
Sectors
- Technology
- Hospitality
- Private Equity
Geography
- United States – MyVenue operates in major locations such as Dodger Stadium and is the base for Greater Sum Ventures.
- United Kingdom – MyVenue provides services to hospitality venues across the UK.
- Asia-Pacific – MyVenue is extending its solutions to venues in the Asia-Pacific region.
Industry
- Technology – MyVenue offers advanced, cloud-based POS technology solutions.
- Hospitality – MyVenue’s solutions cater to sports and entertainment venues, integral sectors of hospitality.
- Private Equity – Greater Sum Ventures is involved as a PE firm making the investment.
Financials
- Not disclosed – Terms of the transaction between GSV and MyVenue were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Greater Sum Ventures | Bidding Company | Company | A family office and growth equity firm investing in middle-market software and tech businesses. |
| MyVenue | Target Company | Company | A leading provider of point-of-sale solutions for sports, entertainment, and hospitality venues. |
| Tim Stollznow | CEO | Person | Current CEO of MyVenue and driving force behind the company's expansion and strategy. |
| Ross Croley | CEO | Person | CEO and founder of Greater Sum Ventures who supports MyVenue’s growth potential. |
| Bill Nix | Co-founder | Person | Co-founder and managing partner of Greater Sum Ventures. |
| TI Partners | Financial Advisor | Company | Served as exclusive financial advisor for MyVenue’s transaction. |