# Airmeet

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

- Industry: Software
- Headquarters: Covina, US
- Website: www.airmeet.com/
- Total disclosed funding: $50M
- Latest round: Series B (Feb 8, 2022)
- Investors on record: 14

## About

Airmeet Inc., based in the US, is an innovative provider of an AI-powered webinar platform designed to facilitate immersive virtual events that enhance audience engagement and drive business growth.Airmeet Inc. was founded in Walnut Creek, US, in 2019. The company specializes in delivering a comprehensive platform for hosting virtual events, tailored to diverse industries. Lalit Mangal, one of the co-founders, has a history of entrepreneurship. As of February 2022, Airmeet raised USD 34.94 mn in Series B funding from investors including Accel and Sequoia Capital, bringing the total amount raised to USD 34.94 mn. The company currently holds a valuation of USD 131.133 mn.Airmeet offers an AI-powered webinar platform that facilitates immersive virtual events to enhance audience engagement and provide actionable insights, driving business growth. Core functionalities include one-click registration, integrated CRM connectivity, customizable landing pages, and dynamic content delivery. The platform serves a diverse array of clients including large enterprises and organizations across education, healthcare, finance, and technology, enabling them to host town halls, product launches, and training sessions globally, particularly in North America, Europe, and Asia-Pacific.In the most recent fiscal year of 2020, Airmeet reported a revenue of USD 270,545.2 and an EBITDA of USD 35,398.5. The company's subscription-based revenue model offers various pricing plans that cater to customer needs, allowing organizations to engage in premium webinars, conferences, and hybrid events, thereby strengthening their operational capabilities and audience engagement.In February 2022, Airmeet raised USD 34.94 mn in Series B funding to enhance its global market presence. The funding will support the expansion of its product offerings and the company's entry into new markets, although specific new product launches and geographic regions have not been disclosed. The company aims to leverage this capital to enhance its platform and reach a broader audience.

## Funding rounds

- Series B, Feb 8, 2022, $35M — Accel, Hong Shan, Nexxus, KDDI, Prosus Ventures, Gaingels, DG Daiwa Ventures, Sistema Asia Capital, RingCentral Ventures
- Series A, Sep 15, 2020, $12M — Accel, Redpoint Ventures, Hong Shan, Global Founders Capital, General Catalyst India
- Seed, Mar 8, 2020, $3M — Accel, Hong Shan, Global Founders Capital, General Catalyst India, LVX
- Seed, Aug 1, 2019 — Accel, Tracxn Labs

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A, Series B
- Tracxn Labs — Seed
- Hong Shan — Seed, Series A, Series B
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed, Series A
- General Catalyst India (https://capitalatlas.ai/funds/general-catalyst-india) — Seed, Series A
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series A
- Nexxus (https://capitalatlas.ai/funds/nexxus) — Series B
- KDDI — Series B
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B
- DG Daiwa Ventures (https://capitalatlas.ai/funds/dg-daiwa-ventures) — Series B
- Sistema Asia Capital (https://capitalatlas.ai/funds/sistema-asia-capital) — Series B
- RingCentral Ventures (https://capitalatlas.ai/funds/ringcentral-ventures) — Series B
