Tripleseat, a Concord, Mass.-based sales and event management application for event managers of restaurants, hotels, and unique venues, secured $7m in growth funding.
The round was secured from New York-based growth equity firm Level Equity.
The capital will support a range of initiatives including product enhancements, growing customer support and sales.
Led by Jonathan Morse, a former Event Sales Manager himself, Tripleseat provides thousands of restaurant and hotel event managers with an application to increase their sales and streamline the event planning process.
A bootstrapped organization since it was established in 2008, Tripleseat had more than 3,000 venues and 35,000 users around the world, with venues ranging from small mom-and-pop operations to large corporate enterprises, at the end of May 2017.
FinSMEs
20/06/2017