Vendini grabs $20 mln Series A from Level Equity - PE HUB
Thursday, June 2, 2016
SAN FRANCISCO, CA – May 31, 2016 – Vendini, the company that makes the business of live events simple with industry-leading software and services, today announced it has raised $20 million in Series A funding from New York City-based private investment firm, Level Equity. Founded in 2001, the company will use the new funding to hire more talent, enhance the current platform and add more features and functionality.
Designed with simplicity in mind and founded for mid-range live event organizations, Vendini has continued to develop new products to help venues that have been historically underserved — whether they are too small for big-name ticketing providers or need more functionality than smaller options can provide. Today, Vendini works with over 4,000 venues across performing arts, festivals, live music and nightclubs, museums, comedy, sports, universities and more.
“There’s an entire segment of live event venues not getting the solutions and support they need,” said founder and CEO Mark Tacchi. “Since the beginning, it was never about just ticketing software for us — it’s always been about building a cohesive, all-in-one system. We’re excited to keep building, innovating and giving organizations the tools they need to compete and succeed, and this round of funding lets us do that faster.”
Vendini provides an all-in-one solution that goes beyond the box office — from marketing and donation tools, to CRM and reporting features, to mobile applications. The company provides venues across North America with the software and hardware needed to sell tickets, promote events, gain deeper customer insight, manage patrons and more.
“We are thrilled to be joining the Vendini family,” said Level Equity partner George McCulloch. “We’ve been impressed with the strong growth Mark and his team have achieved to date while successfully executing three acquisitions over the last four years without external capital. We’re excited to work together to continue expanding Vendini’s industry footprint and offerings.”
At Vendini, our mission is to make the business of live events simple. We designed our all-in-one system to help organizations easily promote events, deepen experiences with their audiences, and ultimately sell more tickets. Vendini is based in San Francisco, CA, with offices in Petaluma, CA, Los Angeles, CA, Boston, MA, New York, NY, Knoxville, TN and Vancouver, BC.
To learn more about what the Vendini solution can do for your live event organization, please visit: https://www.vendini.com/