# Tripleseat Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tripleseat-software

- Industry: Software
- Headquarters: Concord, US
- Website: www.tripleseat.com
- Total disclosed funding: $2M
- Latest round: Series A (Dec 18, 2018)
- Investors on record: 1

## About

Tripleseat Software, LLC is a US-based company that specializes in providing an integrated event management platform tailored for the hospitality industry, enhancing operational efficiency for venues across multiple sectors.Founded in 2008 and headquartered in Concord, US, Tripleseat Software, LLC focuses on the hospitality sector with its event management solutions. The founders include Jackie Stone, Jonathan Morse, and Kevin Zink, with Jonathan Morse currently serving as CEO. The company has undergone strategic growth, recently securing USD 2.000 mn in a Series A funding round led by Level Equity, raising a total of USD 2.000 mn to date. The most recent deal occurred on April 27, 2023, where General Atlantic agreed to acquire a majority stake from Vista Equity Partners, Level Equity, and Enlightened Hospitality Investments.Tripleseat offers a specialized event management platform for the hospitality sector, featuring tools for event booking, guest management, and venue management. Key products include TripleseatDirect for self-booking private events, Tripleseat Tickets for managing ticketed events, and Tripleseat Floorplans for designing event layouts in 2D and 3D. With over 18,000 venues served globally, their clientele spans various markets including North America, Europe, and Asia-Pacific, accommodating needs from casual dining to high-end hotels.Tripleseat operates on a subscription-based revenue model, providing access to its event management suite through recurring payments. Their offerings, including TripleseatTickets and TripleseatDirect, facilitate client interactions and bookings. Pricing structures vary based on selected services, allowing venues to choose tailored packages that align with their operational requirements and budget, ensuring continual support and software updates as part of the agreement.Tripleseat plans to leverage its recent funding from the Series A round to enhance its product offerings and invest in technology. The company aims to expand into additional markets, targeting growth in regions that have not yet been fully penetrated. The recapitalization will enable Tripleseat to accelerate its reach and further support its strategic initiatives, ensuring continued development of innovative solutions for its clients.

## Funding rounds

- Series A, Dec 18, 2018, $2M — Level Equity

## Investors

- Level Equity (https://capitalatlas.ai/funds/level-equity) — Series A