Water Lantern Festival

What Water Lantern Festival does

Water Lantern Festival, operated by One World LLC, produces and tours ticketed floating-lantern events across 175+ cities in North America, Europe, and South America. Founded circa 2017-2018 and headquartered in Logan, Utah, the company runs a seasonal multi-city tour where attendees design and release biodegradable paper lanterns on water at sunset, accompanied by live music, food trucks, lawn games, and a scavenger hunt. The core product is a proprietary floating lantern protected by US Patent No. 10,711,959 B2, built with biodegradable paper covers, natural wood bases, and reusable battery-powered LED candles rather than open flames. Events are staffed for 100% lantern recovery, with leave-no-trace venue stewardship that includes pre-existing trash cleanup.

Name

Water Lantern Festival

Legal name

One World LLC

Website

https://waterlanternfestival.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Water Lantern Festival, operated by One World LLC, runs ticketed floating-lantern events across 175+ cities in the US, Canada, Brazil, and Europe. It sells tiered tickets ($24.99-$79.16) to couples, families, friend groups, and corporate teams for sunset lantern-release experiences with live music and food vendors.

Ownership category

akta.pro rank

Product category

Festival Event Experiences

NAICS

Amusement and Theme Parks (713110)

SIC

Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Cultural & Community Festivals (Ticketed) (THAJAFAI)

Keywords

• Outdoor festival events
• Floating lantern experiences
• Live event ticketing
• Community festival tours
• Evening lantern releases

Headquarters

HQ city

Logan

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Marketing or Sales, Personnel, Technology or R&D, Infrastructure, Others

Revenue model

1. Ticket Sales: Primary revenue stream from ticket sales at varying price points ($30.99-$57.99 for general admission) with tiered pricing (Early Bird, Regular, Last Call, At Event). Additional revenue from VIP upgrades, Date Night packages, and Family/Friends 4-Packs.
2. Food & Beverage Sales: On-site food trucks and vendors at events generate additional revenue. Events are alcohol-free.
3. Merchandise: Merch Store sells branded merchandise through water-lantern-festival.square.site.
4. Ticket Protection: Optional ticket protection add-on for refund/transfer flexibility.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Water Lantern Festival operates ticketed, multi-city outdoor evening events where attendees design, decorate, and release floating lanterns onto a body of water at sunset. Each all-inclusive ticket bundles a patented biodegradable floating lantern with an LED candle, decorating kit, wristband, live music, food trucks, lawn games, and a scavenger hunt, with the festival held across 175+ cities in the US, Canada, Europe, and South America.

Product overview

Water Lantern Festival is a single unified product—a large-scale outdoor event experience centered on the ceremonial release of floating lanterns at sunset. The core offering includes General Admission tickets with a lantern kit, LED candle, and festival access. Premium tiers include VIP access, Group Packages, Date Night Specials, and Lantern+ upgrades. The company operates across 175+ cities globally (North America, Europe, and Latin America) with events managed through their own website and integrated ticketing partners like Fever and Square for merchandise.

Differentiator

Problem solved

Functional benefit

Brands

• Lantern+: Premium VIP experience tier offering exclusive access to VIP tent with drinks, snacks, and commemorative T-shirt.

Products and services

• General Admission Ticket

Quantifiable outcome

• 100% of lanterns collected after every event
• +2 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• FevercoreChannel Partner/ Reseller/ DistributorFever serves as the primary ticketing and event platform partner for international Water Lantern Festival events, including São Paulo, Rio de Janeiro, and European cities (Brussels, Milan, Berlin, etc.). Fever handles ticket sales through their app and website, event promotion, and production support.
• Kroger DeliveryminorGTM or Marketing PartnerKroger Delivery is shown as an event partner on the Indianapolis Water Lantern Festival page, appearing in the 'This Event In Partnership with' section.
• Make-A-WishminorGTM or Marketing PartnerWater Lantern Festival partners with Make-A-Wish at each event to support children with critical illnesses. The company creates donation opportunities and raises awareness for the charity.
• Secret Media NetworkminorGTM or Marketing PartnerListed as a media partner for international events, providing promotional support and media coverage.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• The Color Run: Large-scale touring participatory festival brand with city-by-city tour model and ticketed mass-attendance events. Closest comparable in operational structure: multi-city tour, themed experience, branded merchandise, and group/family appeal.
• Secret Cinema: Immersive ticketed cinema and IP-driven experience events with strong emotional/community framing. Comparable on the emotionally-led, participatory ticketed event model and premium pricing tiers.
• Fever Labs: Operates a platform of ticketed live experiences across global cities including its own Candlelight Concerts series. Direct peer because WLF relies on Fever for international ticketing, and Fever runs comparable ticketed experiential formats.
• Immersive Van Gogh / Atelier des Lumières: Touring immersive light-art experiences operated by Culturespaces and partners across multiple cities. Comparable on ticketed light-driven immersive entertainment for general audiences and group outings.
• Candlelight Concerts (by Fever): Touring ticketed ambient concert experiences using candlelight/light-based staging in multiple cities. Directly comparable attendee experience (illuminated, contemplative, communal) and city-by-city tour model.
• Magical Winter Lights: Touring large-scale illuminated lantern and light festival held in multiple U.S. cities. Highly comparable on the light/lantern, family-oriented outdoor ticketed attraction format.

Emerging players

• Daybreaker: Ticketed early-morning wellness/experiential dance events held across global cities. Comparable on city-tour model and audience seeking shared, community-driven experiences.

Broad incumbents

• AEG Presents: Major concert and festival promoter producing live entertainment across multiple venues and cities. Comparable incumbent for ticketed live event distribution and city-tour operating capabilities.
• Live Nation Entertainment: Largest global live entertainment promoter operating festivals, concerts, and ticketed events. Relevant as an incumbent operating ticketed live events at scale across many cities, though broader portfolio than WLF.
• Meow Wolf: Operator of large-scale immersive art experiences with both permanent and touring exhibitions. Comparable experiential IP and emotionally-driven ticketed entertainment, though primarily fixed venues rather than touring model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCRG0bya0P7b-nkfGZnf9EGQ
• Facebookfacebook.com/waterlanternfestival
• Instagraminstagram.com/waterlanternfestival
• TikToktiktok.com/@waterlanternfestival
• Pinterestpinterest.com/waterlanternfestival
• Xx.com/water_lantern
• LinkedInlinkedin.com/company/waterlanternfestival

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Water Lantern Festival