# Hey Summit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hey-summit

- Industry: Business Support Services
- Headquarters: London, UK
- Website: www.heysummit.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Aug 28, 2020)
- Investors on record: 2

## About

Hey Summit Ltd. is a platform that empowers creators and educators to host online events, offering seamless planning, execution, and analysis through integrated tools and monetization options.Founded in 2019, Hey Summit Ltd. is based in London, UK, and specializes in providing a comprehensive solution for hosting online events. The company was established by Benjamin Dell, who has a history of entrepreneurship. In August 2020, Hey Summit secured GBP 825 thousand in SEED funding led by Techstart Ventures, with participation from Active Capital, elevating its post-money valuation to GBP 3.73 million. The company has completed one deal to date, with its most recent funding round supporting its growth ambitions.HeySummit offers a robust platform tailored for creators and educators to conduct webinars, workshops, and conferences. The platform enables users to efficiently plan, execute, and analyze events using pre-loaded templates and automation features, facilitating rapid event setups and offering extensive monetization options, including ticket sales and subscriptions. Catering to a clientele that includes individual creators, educational institutions, and corporations, HeySummit addresses the demand for professional online event hosting across global markets, including North America, Europe, and Asia.HeySummit generates revenue through a subscription-based model, allowing users to access various tools and features relevant to their event-hosting needs. This model fits a diverse user base, from solo creators to larger organizations, and includes monetization avenues such as ticket sales, recurring subscriptions, and additional revenue streams like add-ons and donations. Pricing plans are designed to accommodate various event types, facilitating user engagement and direct transactions that contribute to the company’s revenue.Following its SEED round in August 2020, where Hey Summit Ltd. raised GBP 825 thousand, the company plans to utilize these funds to expand its product offerings and enhance existing features. While specific upcoming products have yet to be announced, the company is targeting further expansion into new markets, particularly focusing on regions with increased demand for online event solutions. The strategies include leveraging the recent funding to improve platform capabilities and explore additional market segments by the end of 2022.

## Funding rounds

- Seed, Aug 28, 2020, $1.1M — Active Capital, Techstart Ventures

## Investors

- Active Capital (https://capitalatlas.ai/funds/active-capital) — Seed
- Techstart Ventures (https://capitalatlas.ai/funds/techstart-ventures) — Seed