The Vendry Raises $6.5M in Seed Funding

The Vendry logo

The Vendry, a NYC-based marketplace and professional community for corporate event planners, closed a $6.5m seed funding round.

The round was led by Peter Boyce, Founder of Stellation Capital, with participation from Founder Collective, Primary Ventures, WGI Group, Leadout Capital, Operator Partners, Brilliant Friends, Howard Lerman, Brian Distelburger, Jason Harinstein, Geoff Yang, and Ed Zimmerman.

The company intends to use the funds to expand its product and engineering teams in order to invest in new platform developments. 

The Vendry is working to empower corporate event professionals as they navigate the return to live events. The Vendry will use the funds to scale its product, expand into new markets, and grow its team.  

Led by Daphne Hoppenot, CEO and Founder, The Vendry is a digital marketplace and professional community for the events industry. The online marketplace connects event planning professionals with the venues and vendors they need to produce events. The platform digitizes the traditionally manual process of requesting, collecting, and comparing proposals from venues and vendors. Plus, event professionals can connect with each other through

As of September 2021, The Vendry has over 18,000 members and has helped plan thousands of live and virtual events.

FinSMEs

24/09/2021