About Eventful
Eventful is a company based in San Diego (United States) founded in 2004 was acquired by CBS Local in July 2014.. Eventful has raised $19.6 million across 3 funding rounds from investors including Telefónica, Omidyar Network and DFJ. The company has 135 employees as of March 27, 2024. Eventful operates in a competitive market with competitors including Events.com, Pulsd, Evensi, Licklist and Event Vesta, among others.
- Headquarter San Diego, United States
- Employees 135 as on 27 Mar, 2024
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Eventful, Inc.
- Jurisdiction Whitefiled, Karnataka, India
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Annual Revenue
$3.18 M (USD)27.92as on Mar 31, 2016
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Net Profit
$-80.39 K (USD)81.51as on Mar 31, 2016
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EBITDA
$430.09 K (USD)1192.4as on Mar 31, 2016
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Total Equity Funding
$19.6 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series C
Oct 15, 2008
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Investors
Telefónica
& 4 more
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Employee Count
135
as on Mar 27, 2024
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Acquired by
CBS Local
(Jul 23, 2014)
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Leadership Team
185 people
Software Development Team
143 people
Sales and Marketing
139 people
Product Management Team
86 people
Human Resources and Administration
44 people
Finance and Accounting
38 people
Operations Team
34 people
Creative and Marketing Team
31 people
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Funding Insights of Eventful
Eventful has successfully raised a total of $19.6M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in October 2008. 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 3
- Last Round Series C — $10.0M
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First Round
First Round
(01 Mar 2005)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2008 | Amount | Series C - Eventful | Valuation | Telefonica | |
| Sep, 2006 | Amount | Series B - Eventful | Valuation |
investors |
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| Mar, 2005 | Amount | Series A - Eventful | Valuation |
investors |
| 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 Eventful
Eventful has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Telefónica, Omidyar Network and DFJ. 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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US focused VC firm
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Founded Year | Domain | Location | |
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VC firm investing mostly in the US
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Founded Year | Domain | Location | |
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Investing in technology, digital culture, governance, and business initiatives.
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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 Eventful
| 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 |
Financial Statements - Eventful
| 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 |
Eventful Comparisons
Competitors of Eventful
Eventful 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, Pulsd, Evensi, Licklist and Event Vesta, 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 |
Platform for browsing NYC events, restaurants, deals, and experiences.
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| domain | founded_year | HQ Location |
Events are discovered, listed, and promoted through Evensi's global platform.
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| domain | founded_year | HQ Location |
A platform that provides live updates on places and events
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| domain | founded_year | HQ Location |
Event listings are offered for discovery and ticket booking.
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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 Eventful
Frequently Asked Questions about Eventful
When was Eventful founded?
Eventful was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Where is Eventful located?
Eventful is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is Eventful a funded company?
Eventful is a funded company, having raised a total of $19.6M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.1M, raised on Mar 01, 2005.
How many employees does Eventful have?
As of Mar 27, 2024, the latest employee count at Eventful is 135.
What is the annual revenue of Eventful?
Annual revenue of Eventful is $3.18M as on Mar 31, 2016.
What does Eventful do?
Eventful provides a social media platform that connects consumers with entertainment, movies, and local events. Its platform empowers fans to influence content and the location of entertainment and live events. It designs and executes online, email, mobile, and social media marketing campaigns. The company serves musicians, comedians, film-makers, and others. Eventful was formerly known as EVDB, Inc. and changed its name to Eventful, Inc. in August 2006. The company was founded in 2004 and is based in San Diego, California. As of July 31, 2014, Eventful, Inc. operates as a subsidiary of CBS Local Media. It was acquired by CBS Local Media on july 23, 2014.
Who are the top competitors of Eventful?
Eventful's top competitors include Events.com, Fletch and The Met.
Who are Eventful's investors?
Eventful has 5 investors. Key investors include Telefónica, Omidyar Network, DFJ, Bay Partners, and CBS Local.
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