Event networking app Grip raises $13M, as pandemic forces events to stay virtual –

Funding Rounds

Summary

With offline events now firmly moved to online for the foreseeable future, startups in the networking space had to pivot fast in the face of the pandemic. Since last year, Grip moved into an ‘omnichannel’ experience, combining various event types across virtual, hybrid, and live. Founded in 2016, Grip counts some large event organizers as clients including Reed Exhibitions and Messe Frankfurt. In a statement Tim Groot, CEO and founder of Grip, said: “Our mission is to empower organizers to bring professionals together to advance industries. This funding round is going to enable us to take the experience to a new level, leveraging our extensive industry-leading platform, offering unique value for Virtual, Hybrid and In-Person events.” He said they would now be investing heavily in the product and looking to global expansion.

$ Funding

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Amount $13.0M Total raised
Date February 18, 2021 Announcement date
Investors - Lead investors
Company http://www.grip.events Funded company

Classifications

industries
Hospitality
applications
Collaboration & Communication

AskAI Classifications

Labels
Event Management Software SaaS AI-driven Software

Linked Companies

Swapcard
$10M to $25M
Grip AI
$1M to $5M
Brella
$1M to $5M