Eventerprise, a South Africa based global events platform that connects event-related businesses with potential clients, has raised seed funds from international investors to take its offering to the ‘global market’.
Launched in 2014, Eventerprise provides a platform where event hosts can source, review and choose the very best suppliers based on transparent, peer-reviewed and real time feedback anywhere in the world.
To put it simply, Eventerprise connects those in need of facilities and services for hosting their events (buyers) with those providing the best facilities and services for events (sellers).
As of 2015, over 7,000 suppliers have registered on the platform and the testimonials have been great.
The startup raised US$400,000 from local and international investors two years ago to expand operations into the UK and UAE. This fresh funds, thought to be about US$400,000, and which brings its total external funding to US$1.4 million, will be used to expand globally.
“This shows that there’s a definite groundswell of support from the international events and business community for what we are trying to achieve, which is making the global events industry a more transparent and easier place to do business in,” said Charlie Wright, co-founder of Eventerprise.
He added, “It is especially gratifying to receive this level of endorsement from individuals with great insight into the opportunities and challenges that face the events industry.”
The funds was secured from the chairman of diversified multinational conglomerate, the Dodsal Group, Dr Rajen Kilachand, and John Martin St Valery and Omar Rahman, two UAE-based event industry experts. They join the startup’s existing UK and German investors.
The investment comes few days after the startup launched the beta version of EventerScore, a digital performance tool for event professionals.