# Groupize

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

- Industry: Software
- Headquarters: Beverly, US
- Website: www.groupize.com
- Total disclosed funding: $7.3M
- Latest round: Series A (Oct 12, 2017)
- Investors on record: 9

## About

Groupize, Inc. is a technology company that specializes in modern meetings management solutions, offering an integrated platform for travel, compliance, and event planning.Founded in 2011 in Beverly, US, Groupize, Inc. provides a platform that simplifies meetings management. The company has undergone strategic developments to enhance its offerings. Founded by Charles De Gaspe Beaubien, it has raised a total of USD 2.88 mn across 5 deals, with the most recent funding round being a VENTURE DEBT of USD 0.50 mn on March 19, 2020. The current CEO is Alisa De Gaspe Beaubien.Groupize offers a comprehensive platform designed for modern meetings management, integrating travel, spend, and compliance into a unified solution. The platform's core functionalities include purpose-built planning tools that streamline the organization of both small and large events, enabling users to manage logistics, book accommodations, and ensure compliance with regulations like the Sunshine Act. Groupize caters to a diverse clientele, including Fortune 500 companies, small to medium-sized enterprises, and various organizations across multiple sectors including corporate, healthcare, and education. The platform is accessible globally, focusing on markets in North America, Europe, and Asia, providing seamless event management solutions tailored to the unique needs of different regions and industries.Groupize generates revenue through subscription-based models and partnerships with corporate clients, allowing businesses to leverage the platform for event planning and management. Clients typically engage with Groupize’s services by subscribing to various tiers of the platform, which may include features such as automated venue sourcing, travel logistics management, and enhanced compliance tools. The pricing plans are structured to cater to differing organizational needs, encompassing a range of services from basic event planning features to comprehensive enterprise solutions. Flagship offerings are designed to enhance operational efficiency and user experience, with a focus on delivering measurable cost savings and improved engagement for event planners and attendees alike. The company’s business model emphasizes B2B transactions, facilitating direct partnerships with corporate clients to streamline their event management processes.Groupize is focused on developing new products that enhance its platform capabilities and improve user experience. The company aims to expand its market presence in regions such as Europe and Asia by the end of 2023. The recent VENTURE DEBT funding of USD 0.50 mn will be utilized to support these product development initiatives and facilitate the expansion into new geographic markets.

## Funding rounds

- Series A, Oct 12, 2017, $3.3M — Thayer Ventures, Golden Seeds, Launchpad Venture Group, ACE Fund, NXT Ventures, Wayfare Ventures
- Series A, Aug 12, 2014, $2M — Thayer Ventures, Golden Seeds, Maine Angels, Samothrace Partners
- Series A, Jul 10, 2013, $2M — Thayer Ventures, Golden Seeds, Launchpad Venture Group, Beta Fund, Samothrace Partners

## Investors

- Thayer Ventures (https://capitalatlas.ai/funds/thayer-ventures) — Series A
- Golden Seeds (https://capitalatlas.ai/funds/golden-seeds) — Series A
- Launchpad Venture Group (https://capitalatlas.ai/funds/launchpad-venture-group) — Series A
- Beta Fund (https://capitalatlas.ai/funds/beta-fund) — Series A
- Samothrace Partners (https://capitalatlas.ai/funds/samothrace-partners) — Series A
- Maine Angels — Series A
- ACE Fund — Series A
- NXT Ventures (https://capitalatlas.ai/funds/nxt-ventures) — Series A
- Wayfare Ventures (https://capitalatlas.ai/funds/wayfare-ventures) — Series A