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by Eventerprise category: Product
Eventerprise receives impressive $20m valuation in the heart of Silicon Valley
Eventerprise.com, the global events platform, recently reached a major milestone in its evolution with a valuation of $20 million by San Francisco-based private investment group, US Capital Partners, as part of its Series A funding round.
By connecting those who want to organize an event, whether it is an intimate private party or a large corporate function, with rated and reviewed vendors of event services, products, and venues, Eventerprise aims to bring transparency and much-needed benchmarks to a fragmented industry.
As an umbrella platform for the events industry Eventerprise follows a ‘glocal’ approach, i.e. an international presence that includes all event verticals, but with local relevance. This is made possible through powerful digitally optimized business profiles for each vendor, an automated request for proposal process for their clients, and an advanced search algorithm that makes finding the right event vendor in any location a walk in the park compared to outdated static directories and endless unverified online searches.
The new funds will act as extended runway for Eventerprise’s expansion milestones and revenue targets over the next 15 months, which coincides with the platform’s launch in the US, the world’s largest events market. Major areas of increased expenditure will include sales and marketing campaigns, up-staffing, and ongoing product development.
Join our Thunderclap campaign! Help us build the gold standard for the events industry. Discover more about Eventerprise at https://www.eventerprise.com/blog/investors/
Eventerprise is the digital superhighway for the global events industry making event planning & event business promotion easier than ever before.