# Bevy Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bevy-labs

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.bevy.com
- Total disclosed funding: $61M
- Latest round: Series C (Mar 24, 2021)
- Investors on record: 3

## About

Bevy Labs, Inc. is a US-based company specializing in community engagement solutions, offering a data-driven platform designed to enhance user experiences through the organization of both virtual and in-person events.Founded in 2016, Bevy Labs, Inc. provides a platform for managing community interactions. The company is headquartered in Palo Alto, US. The founding team includes Bronwyn Jahnke, Carissa Janeway, Derek Andersen, Joel Fernandes, Kevin Kovar, and Lynda Attaway, with Bartosz Dziedzic currently serving as CEO. The company raised USD 40.00 mn in Series C funding on March 24, 2021, led by Accel, with participation from LinkedIn Corporation and Upfront Ventures, bringing the total amount raised to USD 40.00 mn and a current valuation of USD 284.32 mn.Bevy Labs, Inc. specializes in community engagement and growth solutions through data-driven products aimed at enhancing community experiences. Their primary offering is a platform that facilitates the organization, management, and execution of both virtual and in-person events. The platform enables users to host large-scale gatherings, webinars, and masterclasses, addressing the challenges of fragmented community interactions. Bevy's services cater to various clients, including corporations, non-profits, and educational institutions, allowing them to build and grow their own communities effectively across North America and Europe.Bevy generates revenue primarily through subscription-based models, allowing clients to access their community management platform with varying features. Revenue is derived from partnerships where organizations utilize Bevy's tools for events and community management, often charging for premium features or additional services. Clients invest in tiered pricing plans that align with their community size and engagement goals, with transactions typically involving annual or monthly subscription fees.In March 2021, Bevy Labs, Inc. raised USD 40.00 mn in Series C funding, which will be used to expand its team from 100 employees to 250 by the end of the year. The company aims to enhance its product offerings and penetrate new geographic regions, with specific plans targeting additional markets in Europe and Asia by late 2022. This funding round also supports the continuation of the development of additional features on their platform to improve community engagement.

## Funding rounds

- Series C, Mar 24, 2021, $40M — Accel, Upfront, LinkedIn Corporation
- Series B, Mar 6, 2020, $15M — Accel, Upfront
- Series A, Jun 19, 2018, $6.4M — Upfront

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Series A, Series B, Series C
- Accel (https://capitalatlas.ai/funds/accel) — Series B, Series C
- LinkedIn Corporation — Series C