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Virtual Events Platform Airmeet Raises $12M Series A Led by Sequoia Capital India and Redpoint Ventures

Sep 15, 2020•almost 5 years ago

Amount Raised

$12 Million

Round Type

series a

Lewes

Description

Airmeet, the all-in-one platform for event organizers to host interactive and immersive virtual events, today announced that it has raised $12M in Series A funding. New investor Sequoia Capital India led the round joined by Redpoint Ventures, with participation from returning investors Accel India, Venture Highway and Global Founders Capital (GFC). Gokul Rajaram (Caviar Lead at Doordash) also participated in the round.

Company Information

Company

Airmeet

Location

Lewes, England, United Kingdom

About

Airmeet is an event-led customer engagement platform that helps businesses, associations, educational institutions, SMBs, communities, and government organizations establish meaningful touchpoints with their global audience through rich, engaging, and immersive event experiences. Airmeet, a remote-first company headquartered in the USA with 300+ employees spread across India and North America was co-founded by Lalit Mangal, Manoj Singh, and Vinay Kumar Jaasti in 2019. The trio have been together since Lalit's previously successful venture - CommonFloor, which was acquired by Quikr.com for $200M USD. Over 5500+ brands including Flipkart, Fifth Element Group, BMF Media, Unifrog Education, NPower Inc, University College London, Rotman School of Management, Zircom (Shell Oil), Viacom CBS, Texas Tech University Health Sciences Center, Minnesota State University, Mankato, and First3Years, use Airmeet’s platform to host events, across the globe every month.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech