Events marketplace Eventerprise.com nets $1.4 million to expand operations globally

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South Africa’s Eventerprise.com, an events platform that connects event-related businesses with potential clients globally has raised funding to fuel its global expansion plans.
The funding was led by prominent Indian businessman and chairman of diversified multinational conglomerate, the Dodsal Group, Dr Rajen Kilachand, as well as John Martin St Valery and Omar Rahman, two UAE-based event industry experts.

According to co-founder Charlie Wright, “This shows that there’s a definite groundswell of support from the international events and business community for what we are trying to achieve, which is making the global events industry a more transparent and easier place to do business in. It is especially gratifying to receive this level of endorsement from individuals with great insight into the opportunities and challenges that face the events industry.”

With a conservative estimate of $560 billion at play in the global events industry and a rapid rise in Event Tech investment over the past few years it seems that Eventerprise’s new investors are following an upwards trend with huge potential.

“The world of events is still very much fragmented, without a central platform where event professionals across all verticals can display their services, products or venues, so that potential clients can find and compare them in a faster and more transparent manner. Eventerprise’s dedicated search algorithm and use of verified reviews and custom profiles for event professionals aim to solve the current disconnect, and it is wonderful to know that prominent business leaders are buying into our mission,” says Götz Thümecke, the other co-founder and CEO.

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Eventerprise had raised funding from UK and German investors already but the new group of investors forms part of an eventful March for Eventerprise, with the launch of the beta version of EventerScore, a digital performance tool for event professionals, and an impending North American road show.

Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

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