# Afterparty

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/afterparty

- Industry: Internet
- Headquarters: Los Angeles, US
- Website: www.afterparty.ai
- Total disclosed funding: $3M
- Latest round: Seed (Jul 26, 2021)
- Investors on record: 6

## About

Afterparty Inc., based in the US, develops innovative artificial intelligence solutions to enhance user engagement and community experiences within the digital event industry.Founded in 2021 in Los Angeles, US, Afterparty Inc. focuses on transforming digital events through advanced technology. The founders include David Fields, Eytan Elbaz, Robert Graham, and Shahbek Miru, who have a history of entrepreneurship. In its journey, Afterparty has successfully completed 5 deals and raised a total of USD 5.00 mn, with its latest funding round led by Blockchange Ventures.Afterparty.ai specializes in providing innovative solutions designed to enhance user engagement and community experiences in the digital event space. Their core offerings leverage artificial intelligence to create personalized experiences for event organizers and attendees, facilitating seamless interactions during virtual events. The products address challenges such as audience retention and content personalization, transforming traditional event formats into dynamic, interactive experiences. They serve a diverse clientele, including event organizers, corporate clients, and educational institutions, across North America and Europe.Revenue generation for Afterparty.ai is primarily structured around subscription-based models and partnerships with event organizers. Clients engage with the platform via tiered subscription plans based on the scale and features required for their events. The transaction structure involves annual or monthly fees, with additional services for bespoke solutions. Flagship offerings are included within these subscription packages, providing essential tools for audience engagement and data analytics, catering to both B2B and direct-to-consumer markets.Afterparty Inc. is planning to expand its product line with new offerings designed to enhance user experience in upcoming digital events. The company aims to penetrate new geographic markets, specifically focusing on regions in Europe and Asia by the end of 2024. Recent funding will be utilized to support the development of these products and facilitate market entry strategies. Afterparty Inc. has also raised an undisclosed amount of venture funding from new investor Reform Ventures.

## Funding rounds

- Seed, Jul 26, 2021, $3M — TenOneTen Ventures, Act One Ventures, Hex Capital, Red Light Management, Acrew Capital, Palm Tree Crew Investments

## Investors

- TenOneTen Ventures (https://capitalatlas.ai/funds/tenoneten-ventures) — Seed
- Act One Ventures (https://capitalatlas.ai/funds/act-one-ventures) — Seed
- Hex Capital — Seed
- Red Light Management — Seed
- Acrew Capital (https://capitalatlas.ai/funds/acrew-capital) — Seed
- Palm Tree Crew Investments (https://capitalatlas.ai/funds/palm-tree-crew-investments) — Seed