# Wedding Spot

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wedding-spot

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.wedding-spot.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Sep 22, 2014)
- Investors on record: 4

## About

Wedding Spot, Inc. is an online platform that connects couples with wedding venues, facilitating the planning process through an extensive database of options and tools to enhance the wedding experience.Founded in 2013, Wedding Spot, Inc. is headquartered in San Francisco, US. The company specializes in providing an online venue marketplace for couples planning weddings. Yo Sasaki, the founder, has a background in developing digital solutions for event planning. The company has undergone significant growth, raising a total of USD 1.220 mn through its SEED funding round, with its latest round occurring on May 21, 2019. The company's valuation currently stands at USD 10.192 mn, and it has completed three deals since its inception, including its acquisition by Cvent, Inc. in May 2019.Wedding Spot primarily offers a comprehensive online platform for couples seeking to find and book wedding venues, along with various planning tools tailored to enhance the wedding planning experience. Their core offerings include an extensive database of wedding venues categorized by style, location, and capacity, facilitating an effective search for users. The platform caters to a diverse clientele, including brides and grooms planning their weddings, as well as venue owners who list their properties to attract potential clients. Wedding Spot serves customers across multiple geographical markets, including the United States and select international destinations such as Mexico and the Caribbean. The service aims to simplify the venue selection process by providing detailed venue descriptions, user reviews, and comparative analysis, ultimately making it easier for couples to find their ideal wedding setting.The revenue model of Wedding Spot is structured around a combination of venue listing fees and potential advertising partnerships with related wedding service providers. Venues pay to be featured on the platform, which increases their visibility to engaged couples actively searching for wedding locations. Additionally, the site offers tiered pricing plans for venue listings based on features such as enhanced visibility or promotional tools. The transactions typically occur directly between the venues and the couples, facilitating a streamlined booking process. As part of their service offerings, Wedding Spot generates revenue through additional premium features that enhance the user experience, such as personalized planning tools or exclusive content related to wedding trends and planning advice.Wedding Spot plans to expand its product offerings by developing new features designed to enhance user engagement and simplify the venue booking process. While specific release dates are not available, the company is targeting the continued expansion into new markets, particularly within the Caribbean region, by leveraging its existing platform capabilities. The recent funding obtained through the Seed round will be utilized to support these initiatives, particularly in enhancing technology infrastructure and expanding marketing efforts. With the acquisition by Cvent, Inc., Wedding Spot aims to integrate additional services that complement its current offerings.

## Funding rounds

- Seed, Sep 22, 2014, $1.2M — Atlas Venture, Great Oaks Venture Capital, Canyon Creek Capital, KEC Ventures

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Seed
- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Seed
- Canyon Creek Capital (https://capitalatlas.ai/funds/canyon-creek-capital) — Seed
- KEC Ventures (https://capitalatlas.ai/funds/kec-ventures) — Seed
