About Evention
Evention is a company based in Chicago (United States) founded in 2004. It operates as a SaaS (Software-as-a-Service). The company has 114 employees as of December 31, 2021. Evention offers products and services including Total Recon, InstaTip, and Cash Reconciliation. Evention operates in a competitive market with competitors including Acumatica, Sage Group, The Access Group, MYOB and Bexio, among others.
- Headquarter Chicago, United States
- Employees 114 as on 31 Dec, 2021
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Sectors
RetailTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Evention Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
114
as on Dec 31, 2021
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Products & Services of Evention
Evention offers a comprehensive portfolio of products and services, including Total Recon, InstaTip, and Cash Reconciliation. 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.
Total reconciliation solution is provided for accounting processes.
Real-time tip distribution is managed for staff efficiency.
Cash reconciliation ecosystem is built for error reduction.
Funding Insights of Evention
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Evention | 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 Evention
Evention has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Equality Asset Management. 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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Growth-oriented private equity firm investing in software and services companies.
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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 Evention
| 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 - Evention
| 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 |
Evention Comparisons
Competitors of Evention
Evention 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 Acumatica, Sage Group, The Access Group, MYOB and Bexio, 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 |
Cloud-based ERP software is offered for small and medium enterprises.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based ERP software is offered for multiple industries.
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| domain | founded_year | HQ Location |
Cloud-based accounting and ERP software is provided for businesses.
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| domain | founded_year | HQ Location |
Business management software is offered for small and medium enterprises.
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| domain | founded_year | HQ Location |
All-in-one ERP and accounting software is provided for SMBs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Evention
Frequently Asked Questions about Evention
When was Evention founded?
Evention was founded in 2004 and raised its 1st funding round 18 years after it was founded.
Where is Evention located?
Evention is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
How many employees does Evention have?
As of Dec 31, 2021, the latest employee count at Evention is 114.
What does Evention do?
Evention LLC is engaged in delivering cloud-based accounting and reconciliation solutions tailored for industries such as hotels, restaurants, retail, and entertainment. Comprehensive software ecosystems are developed to automate processes, reduce errors, and ensure policy compliance. Solutions like Total Recon, Cash Reconciliation, and InstaTip are offered to streamline financial operations, enhance visibility, and improve profitability. Integration with existing POS and PMS systems is facilitated to create a unified platform for clients.
Who are the top competitors of Evention?
Evention's top competitors include The Access Group, Sage Group and Acumatica.
What products or services does Evention offer?
Evention offers Total Recon, InstaTip, and Cash Reconciliation.
Who are Evention's investors?
Evention has 1 investor. Key investors include Equality Asset Management.