Eved, a Chicago, IL-based event commerce company, raised $14.3m in funding.
The round was led by Huizenga Capital Management with participation from MK Capital, Pritzker Group Venture Capital and Merrick Ventures. In conjunction with the funding, Sean Chou, former CTO for Fieldglass, will join Eved’s Board of Directors along with David Bradley from The Huizenga family.
The company intends to use the funds to accelerate sales and support its clients and partners including Dell, Eli Lilly and Company, and BCD Meetings & Events as well as to increase hiring efforts.
Led by Talia Mashiach, CEO, Founder & Product Architect, Eved provides a collaborative procurement platform for events and a marketplace that integrates with existing systems to streamline payment, enforce compliance, and capture event spend data.