Elite Meetings

Santa Barbara, United States Founded: 2006 • Age: 20 yrs Acquired By Cvent
Marketplace for luxury venues
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About Elite Meetings

Elite Meetings is a company based in Santa Barbara (United States) founded in 2006 by Kelly Foy was acquired by Cvent in January 2015.. Elite Meetings has raised $202.05 thousand across 1 funding round from investors including Cvent. The company has 22 employees as of December 31, 2014. Elite Meetings operates in a competitive market with competitors including Withfriends, Live Viewing Japan, Event, venuedirectory.com and Event Banana, among others.

  • Headquarter Santa Barbara, United States
  • Employees 22 as on 31 Dec, 2014
  • Founders Kelly Foy
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Elite Meetings International Inc
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $202.05 K (USD)

    in 1 rounds

  • Latest Funding Round
    $202.05 K (USD), Seed

    Feb 21, 2014

  • Investors
  • Employee Count
    22

    as on Dec 31, 2014

  • Acquired by
    Cvent

    (Jan 07, 2015)

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Funding Insights of Elite Meetings

Elite Meetings has successfully raised a total of $202.05K through 1 strategic funding round. The most recent funding activity was a Seed round of $202.05 thousand completed in February 2014. 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 Rounds 1
  • Last Round Seed — $202,049
  • First Round

    (21 Feb 2014)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2014 Amount Seed - Elite Meetings Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Elite Meetings

Elite Meetings has secured backing from 1 investor. Prominent investors backing the company include Cvent. 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.

All
Investor Description Founded Year Domain Location
Event management software is delivered via a cloud-based platform.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Elite Meetings

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Elite Meetings

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Elite Meetings Comparisons

Employees
+
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Competitors of Elite Meetings

Elite Meetings 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 Withfriends, Live Viewing Japan, Event, venuedirectory.com and Event Banana, 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
Event venue listing and ticket booking platform
domain founded_year HQ Location
Serves as a platform for listing and discovering events on the website.
domain founded_year HQ Location
Event venues and locations are listed via an online platform.
domain founded_year HQ Location
Platform offering venue discovery solutions
domain founded_year HQ Location
A platform for booking event venues in Thailand is provided.
domain founded_year HQ Location
Offers a platform for engaging gaming events and experiences.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Elite Meetings

Frequently Asked Questions about Elite Meetings

When was Elite Meetings founded?

Elite Meetings was founded in 2006 and raised its 1st funding round 8 years after it was founded.

Where is Elite Meetings located?

Elite Meetings is headquartered in Santa Barbara, United States. It is registered at Santa Barbara, California, United States.

Who is the current CEO of Elite Meetings?

Kelly Foy is the current CEO of Elite Meetings. They have also founded this company.

Is Elite Meetings a funded company?

Elite Meetings is a funded company, having raised a total of $202.05K across 1 funding round to date. The company's 1st funding round was a Seed of $202.05K, raised on Feb 21, 2014.

How many employees does Elite Meetings have?

As of Dec 31, 2014, the latest employee count at Elite Meetings is 22.

What does Elite Meetings do?

Founded in 2006 in Santa Barbara, United States, Elite Meetings operates as a marketplace in the event planning sector. Hotel and resort listings are curated by an advisory board for Platinum or Gold certification, enabling planners to search properties, request proposals, and review options at no cost. Certified venues are charged marketing fees, while the platform was acquired by Cvent in January 2015.

Who are the top competitors of Elite Meetings?

Elite Meetings's top competitors include Withfriends, Event Banana and Event.

Who are Elite Meetings's investors?

Elite Meetings has 1 investor. Key investors include Cvent.

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