About Lounge Live
Lounge Live is a company based in London (United Kingdom) founded in 2021 by Wulfie Bain and Jack Symonds.. Lounge Live has raised $4 million across 2 funding rounds from investors including Square Peg Ventures and Carthona Capital. Lounge Live operates in a competitive market with competitors including Sympla, Heylo, Reposite, Aventri and Prismm, among others.
- Headquarter London, United Kingdom
- Founders Wulfie Bain, Jack Symonds
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 2 rounds
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Latest Funding Round
$4 M (USD), Seed
Nov 06, 2023
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Investors
Square Peg Ventures
& 1 more
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Employee Count
Employee Count
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Funding Insights of Lounge Live
Lounge Live has successfully raised a total of $4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in November 2023. 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 2
- Last Round Seed — $4.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Seed - Lounge Live | Valuation | Square Peg Ventures | |
| Jun, 2023 | Amount | Seed - Lounge Live | Valuation | Carthona Capital |
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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 Lounge Live
Lounge Live has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Square Peg Ventures and Carthona Capital. 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 fund investing in seed & early-stage startups
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Founded Year | Domain | Location | |
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US and Australian tech and life sciences are invested in.
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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 Lounge Live
| 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 - Lounge Live
| 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 |
Lounge Live Comparisons
Competitors of Lounge Live
Lounge Live 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 Sympla, Heylo, Reposite, Aventri and Prismm, 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 |
Tickets for local events are sold and managed online.
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| domain | founded_year | HQ Location |
Event organization platform for managing groups and communities.
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| domain | founded_year | HQ Location |
Event and group travel planning solutions are provided for users.
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| domain | founded_year | HQ Location |
Event management solutions are delivered via a user-friendly platform.
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| domain | founded_year | HQ Location |
Event planning software platform for enterprises
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| domain | founded_year | HQ Location |
White-label ticketing solutions for events are provided by Conferize.
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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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Frequently Asked Questions about Lounge Live
When was Lounge Live founded?
Lounge Live was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Lounge Live located?
Lounge Live is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Lounge Live a funded company?
Lounge Live is a funded company, having raised a total of $4M across 2 funding rounds to date.
What does Lounge Live do?
Platform for organizing and managing events. It provides a platform that allows users to create groups and events. It allows users to create and personalize events, manage RSVPs, check attendee availability, and more.
Who are the top competitors of Lounge Live?
Who are Lounge Live's investors?
Lounge Live has 2 investors. Key investors include Square Peg Ventures, and Carthona Capital.