All-in-one event management platform, EventsCase, has reported raising £3.5m (US$4.56m) in Series A funds. The fresh financial backing comes from a mix of new and existing investors, including Haibun Partners and Neil MacDougall, chairman of the British Private Equity and Venture Capital Association, and will help the London-headquartered company expand its virtual and hybrid event solutions.
Founded in 2012, EventsCase offers tools for building websites and apps, attendee registration, networking, email marketing and gamification through a single platform. After Covid-19 brought a sudden drop in sales due to the limitations on physical gatherings, EventsCase managed to diversify its core business by quickly introducing a host of new features for running virtual events.
Now boasting options for live streaming, hosting content on-demand and video networking, the company is reaching tens of thousands of digital attendees every month and has put itself on course for an 100% growth year-on-year.
Investors have clearly been attracted ‘s ability to adapt and even grow amid the unplugging of entire revenue streams.
Jose Bort, co-founder and CEO of EventsCase, said: “From seeing 75% of our sales vanish in the 10 weeks leading up to April, it’s amazing to think that we’re now in a better position than we were pre-Covid.
“This year has brought no end of challenges, but we’ve emerged stronger, with greater capabilities and in a more competitive position. We can already envisage hosting events with 100,000 attendees and a further one million accessing live streams.”
Hiring and tech development represent two of the biggest focuses for EventsCase going forward as it looks to meet the current levels of demand for virtual solutions. Much of the new talent will be situated at the company’s tech hubs in Barcelona, Madrid and Castellon de la Plana, with others based at its offices in New York, Dubai and London.
Photo: EventsCase co-founders, L-R: Ivan Garcia (CTO) and Jose Bort (CEO)