EventPipe, a Portsmouth, NH-based provider of a cloud-based, event housing management software platform, raised $2.2 million in an initial seed round of funding.
The round was led by Velocior Ventures.
The company intends to use the funds to add to its team, accelerate adoption of its platform and continue to build functionality that adds value for customers.
Co-founded by (interim CEO to date) Serena Higdon, and Chief Technical Officer Mike Addesa, and ledby newly appointed CEO Tim Brown, EventPipe provides a cloud software solution that covers the full event housing lifecycle. Users are able to complete everything from creating RFPs, to managing hotel contracts, building customized booking sites, managing inventory and reconciling their events. It is used by event producers, housing companies, meeting planners and convention and visitor bureaus (CVBs).
To date, EventPipe has seen over 1.6 million room nights booked through its platform totaling over $250 million in bookings.
FinSMEs
09/08/2022