What is Eventup?
EventUp operates as a comprehensive online platform designed to simplify the process of finding and booking event spaces. The service caters to a diverse clientele, including those planning parties, corporate meetings, and weddings. By offering a detailed directory of venues such as breweries, banquet halls, and rooftop bars, EventUp allows users to efficiently compare crucial details like amenities, pricing, and availability. The platform serves as a vital connection point for social, corporate, and wedding event planners seeking suitable locations, while also providing venues with enhanced visibility to attract more business.
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 Crosscut, Light Bank, and New Enterprise Associates
Key Investors in Eventup
Crosscut
Crosscut is an investor in Eventup's early-stage funding round. Further details on their investment focus are not publicly available.
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.
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.
What's next for Eventup?
The substantial enterprise-level funding context suggests Eventup is positioned for significant scaling and market expansion. This strategic investment will likely fuel enhancements to its platform, broader marketing initiatives to reach more event planners and venues, and potentially the development of new service offerings. The company's focus on facilitating seamless bookings and providing detailed venue information indicates a strategy aimed at capturing a larger share of the event planning market through technological innovation and user-centric design.
See full Eventup company page
