nvite Closes $1M Seed Funding

nvite Team Funnvite, a Crystal City, Virginia-based attendee-focused event registration and ticketing platform, closed a $1m seed funding.

The round was led by Crystal Tech Fund with participation from Middle Bridge Partners, CIT Gap Funds, Middleland Capital, District Capital Partners and NextGen Angels including Lawrence Black, Haroon Mokhtarzada, Michael Chasen, Steve and Melissa Ganz.

The company intends to use the funds to make strategic hires, expand into new markets and verticals, and continue to develop the platform.

Founded by Martin Ringlein, nvite provides a socially connected, customizable event platform which offers both a social event planning experience and an integrated registration and ticketing solution.
Launched in private beta in February 2014, the company has processed tens of thousands of registrations for events in more than 36 US cities and 16 countries internationally. It has been generating revenue since its beta launch, has signed its first enterprise-level multi-million dollar contract for 2015 and plans to ramp up partnerships with the addition of a Director of Sales.

The company is headquartered in Crystal City, Virginia at Disruption Corporation. Its board of advisors includes John Bracken, founder of evite, as well as Alex Michael, previously VP of Business Development at TicketMaster.

FinSMEs

24/08/2014

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