What is Cvent?
Cvent provides comprehensive software solutions tailored for event planners and marketers. Its offerings encompass online event registration, venue selection, event management and marketing, and attendee engagement for virtual, hybrid, and onsite events. Headquartered in Tysons, Virginia, Cvent has established itself as a key technology provider in the events industry, facilitating seamless event execution and enhancing participant experiences through its robust platform.
How much funding has Cvent raised?
Cvent has raised a total of $271.5M across 4 funding rounds:
Private Equity
$17M
Private Equity
$136M
Private Equity
$911K
Stock Offering
$117.6M
Private Equity (2000): $17M, investors not publicly disclosed
Private Equity (2011): $136M led by Insight Venture Partners, New Enterprise Associates, and Greenspring Associates
Private Equity (2012): $911K, investors not publicly disclosed
Stock Issuance/Offering (2013): $117.6M, investors not publicly disclosed
Key Investors in Cvent
Insight Venture Partners
Insight Venture Partners is a venture capital firm that supports its portfolio companies through a dedicated platform designed to foster connections and facilitate scaling.
New Enterprise Associates
New Enterprise Associates (NEA) is a venture capital firm established in 1977, focused on empowering entrepreneurs to build significant businesses.
Greenspring Associates
Greenspring Associates is a venture capital investment firm founded in 2000, providing lifecycle partnership to fund managers and entrepreneurs across various stages and sectors.
What's next for Cvent?
The recent major strategic investment signals Cvent's ongoing commitment to innovation and market leadership in the event technology space. This capital infusion is expected to accelerate product development, expand its global reach, and potentially explore strategic acquisitions. As the events industry continues to evolve, Cvent is well-positioned to leverage this financing to enhance its hybrid and virtual event capabilities, further solidifying its role as an indispensable partner for event professionals worldwide.
See full Cvent company page
