202320 Apr

Eventnoire, a Black-Owned “For Us, By Us” Event Management Technology Platform, Raises $1MM

Summary

Eventnoire, an event management platform that embraces Black culture and community has raised over $1MM to date and for the first time, opens its crowdfunding campaign to the public, ensuring that people from the community have the opportunity to invest in a growing startup that prioritizes Black culture.Eventnoires track record includes being a 2022 Google Black Fouders Fund recipient and previous winner of Mountain Dews Real Change Opportunity Fund Competition winner.Chicago-based friends and entrepreneurs, Femi Masha and Jeff Osuji founded Eventnoire in 2018 to solve a problem that major ticketing platforms failed to do: prioritize the Black community and their social events while empowering creators or color. Their technology enables organizers to create events and sell tickets seamlessly. Its the perfect ticketing partner for events and rewards loyal event hosts and community organizations with a percentage of ticket fees.We realized this was an opportunity to vertically integrate and launch a ticketing solution that actually recycled dollars back into organizations that worked with us as well as other event curators, explains co-Founder Jeff Osuji.As of today, the Eventnoire platform has circulated hundreds of thousands of dollars in service fees back into the creator community. Now, Eventnoire is taking its commitment to the community one step further by allowing the community to invest in the platform through its crowdfunding investment campaign.With over 47 million Black people in the United States, the group is estimated to have $1.8 trillion in buying power by 2024. Coupled with the lack of culturally relevant events and post-pandemic growth in the event industry, Eventnoire is carving out a niche and an opportunity for investors who want to get in on the ground level of the $94 billion global ticketing industry.The crowdfunding investment opportunity is available through the end of May.For more information about the crowdfunding campaign visit https://www.startengine.com/offering/eventnoire.For more information on Eventnoire visit https://eventnoire.com/

Source: Prweb

Funding

$1000K
Amount
Apr 20 2023
Date
-
Investor
Eventnoire
Company

Classifications

Companies