Tevent Raises US$ 2M in Seed Funding

Tevent

Tevent, a London, United Kingdom-based technology platform for virtual events, raised US$ 2million (£ 1.5m) in seed funding.

Backers included Leslie Stretch CEO at Medallia, Co-Founder of MeshDynamics.io; Rory Cameron EVP at Medallia; Jimmy Duan CCO at Medallia; Shreesha Ramdas, Co-Founder of Strikedeck; and Nathalie Scardino SVP at Salesforce.

The company will use the funding to scale its platform to double down on product development speed by focusing on serving particular use cases and more niche segments and developing a mobile app and a desktop app, and to continue to innovate with features such as fun app integrations, multicast, APIs, and automation.

Founded in March 2020 by Ahmed Amer and Alex Dobson, Tevent provides a technology platform for small and medium-sized enterprises (SMEs) that are currently unable to access dedicated virtual event platforms due to price and technical barriers. Entrepreneurs and businesses can host dynamic events and collaborate with ease. They can expose their brand and thought leadership, generate leads, with engaging external-facing webinars and talks.

Influencers and creators can also use Tevent for their community engagements and interactive podcast type of content.

Currently, the company is preparing for a Series A round to which the fund will be used to launch Tevent to the broader market as the company envisions increasing growth and marketing efforts in the United Kingdom, the United States, and further down the line across Europe. 

FinSMEs

09/03/2022