Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues3.1m7.6m35.5m39.0m39.0m
% growth-146 %366 %10 %-
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DateInvestorsAmountRound
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N/A

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$6.4m

Series A
*

$15.0m

Series B

$40.0m

Valuation: $325m

Series C
Total Funding€55.8m

Recent News about Bevy

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More about Bevyinfo icon
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Bevy.com is a cutting-edge platform that specializes in facilitating both in-person and virtual enterprise user group and meetup events. The company operates in the event management market, serving a broad range of clients including businesses that aim to strengthen their community engagement and increase customer lifetime value. Bevy's platform is designed to help these businesses reduce customer acquisition costs and enhance their sales pipeline, thereby increasing their overall revenue.

Bevy's business model is centered around providing tools and services that enable businesses to create, manage, and nurture user groups. This includes empowering local user group leaders to organize and host branded events, providing integrated survey tools for gathering attendee feedback, and offering communication tools to streamline outreach efforts. Additionally, Bevy's platform includes intuitive tools for managing members and attendees, as well as an integrated permission-based system for ensuring data security and managing user access.

The company generates revenue by charging businesses for access to its platform and tools. Bevy's impact simulator is a key feature that allows businesses to enter a few key metrics and see the potential impact of their events. This feature, along with the company's focus on community-led initiatives, has led to an increase in average contract value and a reduction in churn for its clients.

In summary, Bevy.com is a robust platform that enables businesses to enhance their community engagement and increase their revenue through effective event management.

Keywords: Event Management, Community Engagement, User Groups, Virtual Events, In-person Events, Revenue Growth, Customer Acquisition, Sales Pipeline, Data Security, Brand Loyalty.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Bevy

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Eventtus
ACQUISITION by Bevy Jul 2021