Hubilo, a San Francisco, CA-based global virtual events platform, raised £92m in Series B funding.
The round, which brought total funding to £113m to date, was led by Alkeon Capital with participation from Lightspeed Venture Partners and Balderton Capital.
The company intends to use the funds to continue international growth by developing new business functions, advancing innovation of its platform, strengthening its product, engineering, and design teams in India, and go-to-market teams in the US, UK, EMEA, and APAC. Hubilo also plans to set up new sales offices in key regions to expand its operations and reach a greater volume of customers and increase the overall employees’ count by 150% to support its rapid growth plans.
Founded in 2015 by Vaibhav Jain and Mayank Agarwal, Hubilo is a virtual + hybrid event platform featuring a 24/7 fully dedicated customer success team, a suite of engagement and gamification features, and branding capabilities.
The company is headquartered out of San Francisco, with a base office in Bengaluru in India. Clients include names like Walmart, United Nations, AB InBev,, Roche Pharma, Echo, GITEX, and several others across the United States, Europe (including University of Oxford, Smithers, European Athletics, EQS Germany, Acronis, Wolters Kluwer, Cognite, along with several others), APAC, Middle East, and Africa. It has supported over 10,000 events with more than two million attendees across more than 100 countries.