Hubilo, a San Francisco, CA-based global virtual and hybrid events platform, raised $23.5m in Series A funding.
The round was led by Lightspeed Venture Partners and Balderton Capital, alongside John Thompson, Chairman of the Board at Microsoft, and Chris Schagen, Former CMO at Contentful.
The company intends to use the funds to expand its sales teams globally, with new offices in San Francisco and London and build-out its sales, marketing and customer success teams out of those offices, accelerate the development of the platform, with an increased focus on enabling businesses to develop authentic connections with their customers, developing several features that will enable attendee engagement and new monetization opportunities for organizers.
Led by Founders Vaibhav Jain and Mayank Agarwal, Hubilo is a virtual and hybrid event technology company that has already hosted more than a million attendees on its platform. Organizers can see increased attendee engagement through built-in networking features including meeting tables, private rooms, meeting schedules, and gamification features, such as leaderboards and one-click integration with existing go to market platforms, including HubSpot, SalesForce and Marketo.
The company is headquartered out of San Francisco in the US with offices in London in the UK and Bengaluru in India with clients in the United States, Europe, APAC, Middle East and Africa. Customers include The United Nations, Roche, Informa Markets, Tech in Asia, Fortune, AWS, Siemens, Cognizant, Veritas Technologies, GITEX and several others. Hubilo is building out the world’s most comprehensive digital platform to help businesses strengthen their relationships with their customers and partners through virtual and hybrid events.