Offsite Raises $3M in Funding

Offsite
Jared Kleinert, Founder/CEO, Offsite

Offsite, a New York-based marketplace and tech-enabled services provider for remote and hybrid companies planning team retreats, raised $3M in funding.

The round saw participation from Forum Ventures and Automattic, with participation from Right Side Capital, Integral, Splash Capital, and Genius Ventures. Over 60 angel investors also participated including co-founders and CEOs from Remote, Vendr, Convene, 15Five, Gainsight, and ChartMogul, as well as domain experts like top executives from Airbnb, HubSpot, and Pendo.

The company intends to use the funds to expand operations and its business reach.

Led by Jared Kleinert, Founder and CEO, Offsite provides a curated marketplace that features over 250 hotels for retreat planning for remote and hybrid teams. The marketplace has pre-negotiated discounts with properties on room blocks, meeting spaces, food and beverage, and more.

The company currently offers two main ways to plan team retreat. Event organizers can:

  • Search a curated, Airbnb-style marketplace with hundreds of offsite venues around the world, or
  • Purchase end-to-end retreat planning services for a per-person flat fee.

Offsite’s end-to-end planning services include everything from flight-booking to venue selection, negotiating, and contracting, agenda creation, budget management, procuring travel visas, making restaurant reservations, and managing vendors such as activity providers, photographers, videographers, outside speakers and facilitators, ground transportation providers, event production staff, and more.

Since launching in 2021, the company has planned hundreds of team retreats in over 15 countries for clients ranging from hospitals to hedge funds, focused primarily on supporting startups such as LinkSquares, Airbyte, Metabase, 15Five, mParticle, Flex, and Rattle, as well as communities like Hampton, YPO, and LifeLabs Learning, and venture capital firms such as Greylock.

FinSMEs

18/07/2023