MagicEvent.com, a Paris, France – based startup dedicated to business travel accommodation and services, raised €1.5m in funding.
– Benoît Bassi, Partner and President of Bridgepoint Business in France, and member of the Bridgepoint Group’s board,
– Michael Benabou, co-founder of Vente-Privée.com,
– the Banque Publique d’Investissement (BPI) and
– some unnamed investment companies.
The company, which has raised €3m in total, intends to use the funds to develop its portfolio of accommodation in Europe, and to offer new services to professionals.
Led by Valéry Linyer, co-founder and CEO, MagicEvent.com MagicEvent.com businesses with tools to make reservations and manage accommodation expenses. The company’s solutions include: Group Agreements for large corporations, the expenditure monitoring and optimization tool for Travel Managers, the loyalty program Magic Business Card for executive assistants, the Agence Travel Pro service for travel agencies, and the white label sites for event organizers.
MagicEvent.com currently has nearly 10 000 accommodation units available, comprising studios, apartments and villas located in 60 cities across Europe and worldwide.