# Eventtus

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

- Industry: Consumer Services
- Headquarters: Dubai, United Arab Emirates
- Website: www.eventtus.com
- Total disclosed funding: $2.5M
- Latest round: Series A (Nov 16, 2017)
- Investors on record: 4

## About

Eventtus, Inc. is a technology company that specializes in providing event management solutions, focusing on enhancing audience engagement and facilitating seamless connections between event organizers and participants.Founded in 2012 and headquartered in Dubai, United Arab Emirates, Eventtus, Inc. offers an integrated platform tailored for managing virtual events and community engagement. The company was acquired in July 2021 by Bevy Labs, Inc., allowing for further development of its core functionalities. Mai Medhat serves as both the Founder and CEO of the company, leading with prior experience in the tech industry. Eventtus has successfully completed 5 funding deals, with its most recent funding round being a Series A amounting to USD 2.000 mn, backed by investors including 500 Global and Algebra Ventures, raising a total of USD 2.000 mn.Eventtus provides a comprehensive platform designed to enhance community engagement and growth through data-driven tools and services. Their offerings include the ability to host and manage virtual events, webinars, and masterclasses, catering to a diverse clientele such as tech companies, educational institutions, and community organizations. The platform addresses challenges faced by fragmented communities by providing features such as analytics, community discussions, and event scheduling, facilitating effective interactions among users, with notable traction in North America and Europe.Eventtus generates revenue primarily through subscription models, offering clients access to its suite of event management and community engagement tools. Clients engage in structured partnerships based on annual or monthly subscription fees, with pricing plans tailored to various service tiers to meet diverse community needs. The revenue model operates on a B2B basis, ensuring direct transactions between Eventtus and its clients to provide tailored support and resources for effective community management.Following its acquisition by Bevy Labs, Inc. in July 2021, Eventtus aims to leverage its new position to enhance its core functionalities. Future growth plans include the development of new product features to improve user experience and deepen engagement. The company is also targeting expansion into new geographic regions, particularly in Asia-Pacific markets, by integrating localized solutions and community-driven initiatives. Recent funding will be utilized to support these strategic initiatives, enabling Eventtus to solidify its market presence and enhance its offerings.

## Funding rounds

- Series A, Nov 16, 2017, $2M — 500 Global, Algebra Ventures
- Seed, Mar 1, 2016, $0.5M — Middle East Venture Partners, RAED Ventures

## Investors

- Middle East Venture Partners (https://capitalatlas.ai/funds/middle-east-venture-partners) — Seed
- RAED Ventures (https://capitalatlas.ai/funds/raed-ventures) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- Algebra Ventures (https://capitalatlas.ai/funds/algebra-ventures) — Series A