# Perfect Venue, P.B.C.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/perfect-venue-p-b-c

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.perfectvenue.com
- Total disclosed funding: $4.6M
- Latest round: Seed (Apr 21, 2022)
- Investors on record: 5

## About

Perfect Venue is an innovative event management software company that streamlines operations for venues hosting private events, helping clients enhance productivity and improve event outcomes.Founded in 2017, Perfect Venue, P.B.C. is based in San Francisco, US, and specializes in event management solutions. The company has successfully completed three deals, with its most recent funding round being a Seed round in April 2022, where it raised USD 4.39 mn led by Defy.vc, along with investors including Amity Ventures, Context Ventures, Hustle Fund, and Wisdom LLP. The CEO and Founder, Luke Hutchison, has a background in entrepreneurial ventures, although specific details about prior companies are not available.Perfect Venue primarily offers a sophisticated event management software designed to streamline operations for venues hosting private events. This software automates key tasks such as proposal generation, event reminders, and payment processing, reducing administrative burdens and enhancing productivity. The platform serves a diverse clientele, including restaurants, event halls, and corporate venues, with a focus on improving their event management processes and driving sales. By integrating with widely used applications like Google Calendar and Gmail, Perfect Venue allows users to manage events seamlessly across devices, catering specifically to the North American and European markets.Perfect Venue generates revenue through a subscription-based model providing access to its event management software. Clients engage with the platform through flexible pricing plans based on the volume of events managed. Subscriptions typically involve direct-to-consumer agreements, allowing venues to pay a set fee for complete access to the software's functionalities. Each plan is tailored to meet the needs of various venue sizes, enhancing the potential for repeat business. The company's core offerings have proven effective in increasing bookings and reducing operational costs for clients across different sectors.In April 2022, Perfect Venue, P.B.C. raised USD 4.39 mn in Seed funding, which will be utilized for product development to enhance the experience for restaurant and venue operators. The company plans to focus on upcoming products that are being designed to further streamline event management processes. Additionally, Perfect Venue aims to expand into new geographic regions, specifically targeting markets in North America and Europe by the end of 2023.

## Funding rounds

- Seed, Apr 21, 2022, $4.4M — Defy., Hustle Fund, Amity Ventures, Wisdom, Context Ventures
- Seed, Oct 1, 2019, $0.2M — Wisdom

## Investors

- Wisdom (https://capitalatlas.ai/funds/wisdom) — Seed
- Defy. (https://capitalatlas.ai/funds/defy) — Seed
- Hustle Fund (https://capitalatlas.ai/funds/hustle-fund) — Seed
- Amity Ventures (https://capitalatlas.ai/funds/amity-ventures) — Seed
- Context Ventures — Seed