What is Bizzabo?
Founded in 2011 and headquartered in New York, Bizzabo operates as a comprehensive event platform designed to empower organizers. Its suite of tools enables the creation of event websites, management of ticket sales, development of mobile applications, and fostering of community engagement. The platform caters to a wide range of event needs, from virtual and hybrid to in-person gatherings, providing a unified solution for end-to-end event management.
Bizzabo's strategic focus on providing a robust and scalable solution positions it as a key player in the event technology industry. The company's ability to facilitate seamless event experiences for both organizers and attendees has been a driving force behind its sustained growth and market penetration.
How much funding has Bizzabo raised?
Bizzabo has raised a total of $196.5M across 8 funding rounds:
Angel/Seed
$1.5M
Unspecified
$2.5M
Other Financing Round
$4M
Series A
$6.5M
Series B
$15M
Series D
$27M
Debt
$2M
Series E
$138M
Angel/Seed (2012): $1.5M with participation from Kaedan Capital
Unspecified (2014): $2.5M led by Gigi Levy, Kaedan Capital Ltd., AfterDox, Massa Group, and OurCrowd
Other Financing Round (2015): $4M supported by LionBird
Series A (2017): $6.5M featuring Kaedan Capital and LionBird
Series B (2017): $15M backed by Pilot Growth
Series D (2019): $27M with participation from Viola Growth, Maor Investments, Pilot Growth, and Siemens Venture Capital
Debt (2020): $2M led by PPP
Series E (2020): $138M supported by Next47, Viola Growth, OurCrowd, and Insight Partners
Key Investors in Bizzabo
Viola Growth
Viola Growth is an investment arm of Viola Group, a leading Israeli technology investment group. They focus on supporting growth-stage technology companies, providing capital and strategic resources to help them scale and achieve market leadership.
Insight Partners
Insight Partners is a global venture capital and private equity firm specializing in scaling software and internet businesses. They provide operational and strategic support to their portfolio companies to accelerate growth.
OurCrowd
OurCrowd is an Israeli-based investment platform that enables accredited investors and institutions to invest in startups and venture funds, often focusing on technology and innovation.
What's next for Bizzabo?
With its recent major strategic investment, Bizzabo is poised for accelerated expansion and product development. The infusion of capital is expected to fuel advancements in its platform capabilities, potentially including enhanced AI-driven features for event personalization, deeper integrations with other business software, and further development of its virtual and hybrid event solutions.
The company's trajectory suggests a continued focus on enterprise clients, aiming to solidify its market leadership by offering sophisticated tools for managing complex events. Future investments will likely target scaling its global operations, enhancing customer support, and exploring new market opportunities to maintain its competitive edge in the dynamic event technology space.
