Events.com, a La Jolla, CA-based event technology company, raised $100M in funding.
The funding, provided in the form of a Share Subscription Facility (SSF) came from Gem Global Yield LLC SCS (GGY). Under this deal, Events.com will have the ability to draw down up to $100M following an equity exchange listing.
The company intends to use the funds to accelerate its growth strategy via acquisitions, partnerships, and organic initiatives.
Led by CEO Mitch Thrower and President Stephen Partridge, Events.com is a platform that helps people create, promote, discover, enjoy, and make the most of every event. Its end-to-end event management solutions give organizers access to a suite of products for every step of the event life cycle, save time and generate more revenue. The company offers sponsorship and promotional tools, event management software, event calendars, digital marketing services, on-site check-in, and on-site sales to make the event organizing process smooth, from start to finish.
Events.com recently acquired several companies, including an artificial intelligence and machine-learning event discovery company, an event sponsorship technology company, and a large ticketing company. The company will also announce a fourth acquisition soon and is looking to acquire additional companies.
FinSMEs
24/12/2022