What is Privateaser?
Privateaser operates as a specialized platform dedicated to the reservation of bars and venues for group events, serving both private and professional clientele. The company provides a comprehensive online solution for discovering and booking thousands of bars, restaurants, and event spaces, notably without imposing hidden fees or commissions. Its user-friendly search functionality allows clients to efficiently locate venues that precisely match their event requirements, whether for birthdays, corporate functions, or casual get-togethers. Having garnered the trust of over a million users and 7,000 businesses, Privateaser is positioned as a key facilitator for successful event planning.
How much funding has Privateaser raised?
Privateaser has raised a total of $3.8M across 2 funding rounds:
Unspecified
$551K
Unspecified
$3.2M
Unspecified (2016): $551K with participation from Kerala Ventures investment fund
Unspecified (2016): $3.2M led by ISAI
Key Investors in Privateaser
Kerala Ventures investment fund
Kerala Ventures is a private holding company that partners with visionary entrepreneurs to launch and scale new tech startups, primarily in healthcare, people and work organizations, and energy sectors. They act as founding investors, providing substantial support and expertise in hiring top talent, with a focus on long-term partnerships.
ISAI
ISAI is a venture capital fund focused on investing in early-stage and growth-stage technology entrepreneurs. They offer services in early stage VC, corporate VC, growth buyout, and growth lending. Target clients include tech entrepreneurs and investors seeking to grow their ventures.
What's next for Privateaser?
The recent major strategic investment signals Privateaser's readiness to scale its operations and potentially expand its market reach. With a substantial user base and a robust network of venues, the company is well-equipped to leverage this capital for further platform development, enhanced marketing initiatives, and strategic partnerships. This infusion of funding is likely to accelerate Privateaser's growth, solidifying its position as a leader in the event venue booking sector and enabling it to capture a larger share of the market.
See full Privateaser company page