October 19, 2021, London: Scale-up of Event Technology, HeadBoxCompleted a £ 2m funding led by Deepbridge Capital, bringing the total funding to £ 13.2m.
This investment will help HeadBox accelerate from a pandemic, drive 100% year-over-year growth, and confirm the company’s profitability. The funds will be used to launch next-generation conference and event platforms in the United States that already exist in Australia, Ireland and the Netherlands, as well as in all major cities in the United Kingdom.
Deepbridge Capital’s funding for the headbox was provided through the Deepbridge Technology Growth EIS Fund.
Adrian Neilan, COO and Investment Director of Deepbridge Capital, commented:
“We were impressed with the HeadBox management team, its business model, market-leading software products, lead feeds and smartbooks, and a strong and growing customer base. With capital and support, we are impressed. We believe there is great growth potential as we continue to confuse the events sector. It focuses on innovative and growth-like headboxes designed to support enterprise investment schemes. It is a company. “
HeadBox was one of the few live event businesses that grew in 2020. With the resurgence of live events, the company has increased its team from 28 to 52 over the past three months.
Andrew Needham, CEO and founder of HeadBox, explained.
“HeadBox is tasked with reinventing the global event industry through technology. The pandemic has accelerated the need for digital transformation, and the need for software is” what you need. ” Not only that, it has become a “necessary thing”. Covid has brought additional complexity and considerations to the event sector. As a result, large companies have to do more than ever before, but potentially with less staff and budget. “
He goes on to say: “We are very focused on ensuring that the software helps create greater efficiency within the increasingly complex event booking process, both at the corporate client and host venues. That’s why, during the pandemic, it defeated the incumbent of a traditional agency to win significant multi-year contracts from FTSE 100 companies in the media, professional services, and FMCG sectors. ”
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Notes to editors
HeadBox is the UK’s fastest growing event technology company, with a mission to reinvent the global event industry through technology by helping companies unlock great events through human event technology. It is said. Ranked 9th in the UK’s 2020 Startups 100.
HeadBox has raised a total of £ 13.2 million, including £ 4.5 million from Guinness Asset Management, £ 1.5 million from Deepbridge Capital and € 2.5 million from Munich-based German-American technology investment group EGORA. Did.
HeadBox is an easy way to plan meetings and events with confidence. Book, manage and deliver everything in one place. No need for long searches, stress, or hidden costs.
●● headbox.com Is an AI-powered venue marketplace with over 9,000 spaces to choose from across Europe.
● SmartBooks are CRM software that allows organizations to plan, book, and manage all their meetings and events in one place, with visibility to stay in control.
● Lead feeds are live feeds of related leads, and venues can be booked at no charge.
Facebook: / HeadBoxSpaces
Instagram: / HeadBoxSpaces
HeadBox Solutions Secures £ 2m in Series A Follow-on Investment Led by Deepbridge Capital – UK Tech Investment News
Source link HeadBox Solutions Secures £ 2m in Series A Follow-on Investment Led by Deepbridge Capital – UK Tech Investment News