# Vivenu

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

- Industry: Software
- Headquarters: Dusseldorf, Germany
- Website: www.vivenu.com
- Total disclosed funding: $67M
- Latest round: Series B (Nov 3, 2021)
- Investors on record: 7

## About

Vivenu GmbH is a technology company that provides a sophisticated platform for managing event ticketing, enhancing user experience through seamless integrations and real-time data analytics.Founded in 2018 in Dusseldorf, Germany, Vivenu GmbH specializes in event ticketing solutions. The company has completed a total of 3 deals, including its latest funding round, the Series B, which raised EUR 43.000 mn on November 3, 2021, with participation from investors such as Aurum and Balderton Capital. The firm is led by CEO Simon Hennes, who alongside co-founders Jens Teichert, Peter Sensendorf, Simon Hennes, and Simon Weber, has a history of developing technology solutions.Vivenu specializes in providing a comprehensive platform designed to enhance the ticketing experience for events across various industries, including entertainment, sports, and cultural events. Their core offering includes a versatile ticketing solution that integrates seamlessly into existing event management systems, allowing for real-time sales tracking, customer engagement, and data analytics. This platform empowers event organizers to manage ticketing efficiently, targeting both B2B clients like venues and event promoters, as well as direct consumers seeking streamlined access to events. Vivenu's services address common pain points in the ticketing process, such as fraud prevention, accessibility, and user experience, ultimately enhancing customer satisfaction. The company's reach extends to several geographic markets, including prominent regions in North America and Europe, positioning them to serve a diverse clientele and a broad audience of event attendees.Vivenu generates revenue through a transaction-based model, primarily structured around service fees applied to ticket sales facilitated through their platform. Clients, including event organizers and venues, utilize Vivenu’s services to sell tickets directly to consumers, with the platform taking a percentage of each transaction as compensation. The pricing structure typically includes variable fees based on the ticket price and volume of sales, catering to both large-scale events and smaller gatherings. Flagship features, such as dynamic pricing and personalized marketing tools, enhance value for clients, ensuring that they can optimize revenue from their events. This model allows Vivenu to maintain a sustainable revenue stream while offering flexible pricing plans that can accommodate the diverse needs of their client base.In November 2021, Vivenu GmbH raised EUR 43.000 mn in Series B funding to support its growth initiatives, including expanding its employee base and entering the USA market. The company is focusing on developing new products tailored for enhanced ticketing solutions, expected to launch in the coming months. Additionally, the funding will facilitate the company's strategic expansion into new geographic regions, further establishing its presence in North America by targeting specific markets by 2023.

## Funding rounds

- Series B, Nov 3, 2021, $50M — Balderton Capital, Redalpine, Tiny Super Computer Investment Company, Aurum, Osorno Capital
- Series A, Dec 1, 2020, $15M — Balderton Capital, Redalpine
- Seed, Mar 1, 2020, $1.6M — Redalpine, GE32 Capital, Hansel, LLC

## Investors

- Redalpine (https://capitalatlas.ai/funds/redalpine) — Seed, Series A, Series B
- GE32 Capital — Seed
- Hansel, LLC — Seed
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series A, Series B
- Tiny Super Computer Investment Company (https://capitalatlas.ai/funds/tiny-super-computer-investment-company) — Series B
- Aurum — Series B
- Osorno Capital — Series B