Vendelux, a NYC-based provider of an AI-powered event intelligence platform, raised $14M in Series A funding.
The round was led by FirstMark Capital with participation from Cervin Ventures, the founders of HLTH, ShopTalk, Money20/20 (Jonathan Weiner), Manifest, Blueprint (Jay Weintraub), and SaaStock (Alex Theuma).
The company intends to use the funds to expand its geographic footprint, product development, and customer segments.
Led by CEO Alex Reynolds, Vendelux provides a platform that enables event marketers and CMOs to analyze customer and competitor behavior, make informed decisions about which events to attend or sponsor, and sign more customers to increase ROI. With 65 million data points from over 160,000 global events, and deep CRM integrations, its data-driven solution delivers a quantifiable business impact of in-person events, tradeshows, and conferences worldwide.
Enterprise customers include PayPal, MongoDB, Calendly, T-Mobile, and others.
Vendelux plans to more than double its team by the end of 2024 including building out a London-based team.
FinSMEs
21/11/2023