[Funding alert] EventX raises additional $8M led by GL Ventures, finalising Series B round at $18M
Summary
EventX, an Asian-focused event SaaS company providing event lead generation and event management solutions for businesses and marketers, on Wednesday announced that it raised additional $8 million in Series B plus funding, bringing the company’s Series B total to $18 million. The funding was led by GL Ventures, with participation from other investors. The company will also continue to expand their footprint in Asia with engineering, business development and new leadership hires. EventX claims to have witnessed tremendous growth last year, with a 120 percent quarter-on-quarter rise in user’s event attendees in the fourth quarter of 2021. It has successfully provided solutions for high-growth event organisers across 100+ cities and now has served more than 5 million attendees.