Engagement Marketing Saas Company Banzai Secures $100M Investment Commitment
06/15/22, 8:37 PM
Location
seattleMoney raised
$100 million
Banzai, a leading enterprise SaaS Engagement Marketing platform for virtual events, announced today that it has entered into a share subscription facility agreement with GEM Global Yield LLC SCS ("GEM"), a Luxembourg-based alternative investment group for an investment commitment of up to $100 Million to be made within 36 months after a public listing. In this tailored agreement, Banzai will control the amount and timing of any drawdowns under this facility with no minimum subscription obligation and will issue shares of common stock. The proceeds from this capital investment will enable Banzai to expand further to service the company’s ever-growing roster of customers, which includes leaders like HubSpot, Square, Microsoft, Thermo Fisher Scientific, ActiveCampaign, TalkDesk, and thousands of others.
Company Info
Location
seattle, washington, united states
Additional Info
Banzai is a leading enterprise SaaS Engagement Marketing platform for virtual events. On a mission to make marketing more human, the company makes it easy for marketers to drive and track ROI on virtual events by targeting new audiences and deepening those relationships. To that end, Banzai covers a wide array of marketing event products. Banzai customers include Argyle, HubSpot, Nutshell, and ActiveCampaign, among thousands of others. Learn more at www.banzai.io.