# InstEvent

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

- Industry: Software
- Headquarters: New York, US
- Website: www.venuebook.com
- Total disclosed funding: $2.3M
- Latest round: Seed (Jul 24, 2014)
- Investors on record: 4

## About

InstEvent Inc. operates as a venue management platform that simplifies event planning and management for users. The company focuses on providing efficient solutions that enhance the experience of event organizers and attendees alike.InstEvent Inc. is a venue management platform that facilitates event planning and coordination. Founded in 2010, the company is headquartered in New York, US. In August 2020, it was acquired by Seated Technologies, Inc. from Cayuga Venture Fund, I2BF, Kindler Capital, and MI Ventures for undisclosed financial terms. The founder’s history and previous ventures are not mentioned. As of the latest funding round, the company has raised a total of USD 2.30 mn through a SEED funding round with investors including Cayuga Venture Fund, I2BF, Kindler Capital, and MI Ventures.InstEvent Inc. provides a comprehensive venue management platform designed to streamline the process of event planning. Users can easily manage venue bookings, coordinate event details, and enhance attendee engagement, all through a user-friendly interface that caters to both event organizers and guests.InstEvent generates revenue through a structured transaction-based model that includes partnerships with various venues. The revenue is primarily derived from service fees associated with venue bookings and event management services, allowing the company to establish a sustainable income stream from its operational activities.The acquisition by Seated Technologies in August 2020 is expected to enhance InstEvent's platform capabilities. Future growth plans include the development of new features tailored to improve user experience in event management. Additionally, the company will target expansion into new geographic markets, although specific regions and timelines for this expansion have not been disclosed. The recent funding is anticipated to support these initiatives, enabling the company to invest in technology upgrades and market penetration efforts.

## Funding rounds

- Seed, Jul 24, 2014, $2.3M — Cayuga Venture Fund, I2BF, MI Ventures, Kindler Capital

## Investors

- Cayuga Venture Fund (https://capitalatlas.ai/funds/cayuga-venture-fund) — Seed
- I2BF (https://capitalatlas.ai/funds/i2bf) — Seed
- MI Ventures (https://capitalatlas.ai/funds/mi-ventures) — Seed
- Kindler Capital — Seed