What is Eventup?
EventUp operates as a comprehensive online platform dedicated to simplifying the process of finding and booking event spaces. The service caters to a diverse clientele, including those planning parties, corporate meetings, and weddings. Users can explore a wide array of venues, such as breweries, banquet halls, and rooftop bars, with detailed information on amenities, pricing, and availability. This facilitates seamless connections between event planners and venue providers, enhancing visibility for businesses and streamlining the booking experience for clients.
How much funding has Eventup raised?
Eventup has raised a total of $1.8M across 1 funding round:
Angel/Seed
$1.8M
Angel/Seed (2012): $1.8M with participation from Light Bank, Crosscut, and New Enterprise Associates
Key Investors in Eventup
Light Bank
Lightbank is an investment firm based in Chicago, IL, focusing on funding innovative startups. The company aims to support entrepreneurs by providing capital and strategic guidance. Their intended clients are early-stage companies looking for investment to scale their operations. Lightbank is dedicated to fostering growth in the tech ecosystem.
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California. New Enterprise Associates(NEA) is a venture capital firm focused on helping entrepreneurs build businesses.
Crosscut
Undisclosed investor participating in the funding round.
What's next for Eventup?
The recent strategic investment signals a pivotal phase for Eventup, likely enabling expansion of its venue network, enhancement of its booking technology, and broader market penetration. This capital infusion is expected to fuel further development of its platform, potentially introducing new features for event organizers and venue managers. The company's focus on enterprise-level funding suggests a strategy aimed at scaling operations and solidifying its leadership in the competitive event venue marketplace.
See full Eventup company page
