About Cvent
Cvent is a company based in Fairfax (United States) founded in 1999 by Reggie Aggarwal, David Quattrone, Dan Lapus, and Chuck Ghoorah was acquired by Blackstone in March 2023.. Cvent has raised $178.04 million across 10 funding rounds from investors including Blackstone, Greenspring Associates and NEA. The company has 2,357 employees as of April 09, 2024. Cvent has completed 19 acquisitions, including AllianceTech, CrowdCompass and Decision Street. Cvent offers products and services including Event Registration, Venue Sourcing, Event App, Webinar Platform, and Marketing Tools. Cvent operates in a competitive market with competitors including Events.com, Tripleseat, Glue Up, EventMobi and Certain, among others.
- Headquarter Fairfax, United States
- Employees 2357 as on 09 Apr, 2024
- Founders Reggie Aggarwal, David Quattrone, Dan Lapus, Chuck Ghoorah
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Cvent India Private Limited
- Date of Incorporation 16 Feb, 2006
- Jurisdiction Delhi, India
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Annual Revenue
$49.73 M (USD)37.41as on Mar 31, 2022
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Net Profit
$4.82 M (USD)70.5as on Mar 31, 2022
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EBITDA
$7.2 M (USD)63.17as on Mar 31, 2022
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Total Equity Funding
$178.04 M (USD)
in 10 rounds
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Latest Funding Round
$2 M (USD), Series B
Jul 06, 2016
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Investors
Blackstone
& 12 more
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Employee Count
2357
as on Apr 09, 2024
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Investments & Acquisitions
AllianceTech
& 18 more
- Acquired by
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Products & Services of Cvent
Cvent offers a comprehensive portfolio of products and services, including Event Registration, Venue Sourcing, Event App, Webinar Platform, and Marketing Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for capturing and processing event registrations online
Tool for finding and booking event venues globally
Mobile application for networking and event updates
Software for creating and hosting interactive webinars
System for sending personalized emails and boosting attendance
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Leadership Team
85 people
Software Development Team
47 people
Legal and Compliance
23 people
Finance and Accounting
18 people
Associate Team
13 people
Human Resources and Administration
11 people
Operations Team
8 people
Senior Team
8 people
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Funding Insights of Cvent
Cvent has successfully raised a total of $178.04M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $2 million completed in July 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series B — $2.0M
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First Round
First Round
(11 Oct 2000)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Series B - Cvent | Valuation |
investors |
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| Oct, 2013 | Amount | Grant - Cvent | Valuation |
investors |
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| May, 2013 | Amount | Series B - Cvent | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cvent
Cvent has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Blackstone, Greenspring Associates and NEA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Diversified investment management firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cvent
Cvent has strategically engaged in corporate development activities, having acquired 19 companies. Notable acquisitions include AllianceTech, CrowdCompass and Decision Street. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Virtual event management solutions are delivered via a cloud-based platform.
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2020 | ||||
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Event and group travel planning solutions are provided for users.
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2018 | ||||
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Event Management & Ticketing Platform
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cvent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cvent Comparisons
Competitors of Cvent
Cvent operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Events.com, Tripleseat, Glue Up, EventMobi and Certain, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Coud based event management platform
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| domain | founded_year | HQ Location |
SaaS-based sales and event management platform
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| domain | founded_year | HQ Location |
Cloud-based event management software is provided for organizational needs.
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| domain | founded_year | HQ Location |
End-to-end event management solutions are delivered via cloud-based platform.
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| domain | founded_year | HQ Location |
Event management software is provided for planning, engagement, and analysis.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cvent
Frequently Asked Questions about Cvent
When was Cvent founded?
Cvent was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is Cvent located?
Cvent is headquartered in Fairfax, United States. It is registered at Fairfax, Virginia, United States.
Who is the current CEO of Cvent?
Reggie Aggarwal is the current CEO of Cvent. They have also founded this company.
Is Cvent a funded company?
Cvent is a funded company, having raised a total of $178.04M across 10 funding rounds to date. The company's 1st funding round was a Series B of $3.2M, raised on Oct 11, 2000.
How many employees does Cvent have?
As of Apr 09, 2024, the latest employee count at Cvent is 2,357.
What is the annual revenue of Cvent?
Annual revenue of Cvent is $49.73M as on Mar 31, 2022.
What does Cvent do?
Cvent was founded in 1999 and is headquartered in Fairfax, United States. Software solutions for event management are provided through a cloud platform, supporting online registration, venue selection, comprehensive event planning, mobile event applications, email marketing, and web surveys. These tools assist event planners in organizing and executing events. Services are used by clients including Wells Fargo, The Coca-Cola Company, MetLife, Deere Company, and Procter Gamble.
Who are the top competitors of Cvent?
Cvent's top competitors include Events.com, Tripleseat and Certain.
What products or services does Cvent offer?
Cvent offers Event Registration, Venue Sourcing, Event App, Webinar Platform, and Marketing Tools.
How many acquisitions has Cvent made?
Cvent has made 19 acquisitions, including AllianceTech, CrowdCompass, and Decision Street.
Who are Cvent's investors?
Cvent has 13 investors. Key investors include Blackstone, Greenspring Associates, NEA, Insight Partners, and Sanju Bansal.
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