Breaking Diversity Barriers, Bevy Announces $40M Series C Funding Round from a Syndicate that Includes More than 25 Top Black Leaders; Will Soon Have 20% of its Workforce Represented by Black Employees
Breaking Diversity Barriers, Bevy Announces $40M Series C Funding Round from a Syndicate that Includes More than 25 Top Black Leaders; Will Soon Have 20% of its Workforce Represented by Black Employees
03/24/21, 11:07 AM
Location
palo altoMoney raised
$40 million
Round Type
series c
Bevy, the only enterprise virtual, hybrid, and in-person event community platform, today announced that it has secured $40M in Series C funding from Accel, LinkedIn, Qualtrics co-founder Ryan Smith, Upfront Ventures, and more than 25 top Black leaders. This is the second Bevy funding round led by Accel in the past year.
Company Info
Location
palo alto, california, united states
Additional Info
Founded in 2017 by Derek Andersen, Joel Fernandes, and Alex Bendig, Bevy was purpose built by the team behind Startup Grind to help companies build, grow, and scale their global customer communities. With chapters in more than 500 cities and 125 countries worldwide, Startup Grind is the most connected community of startups and entrepreneurs in the world; it remains one of Bevy’s many customers and its largest stakeholder. In 2019, Bevy acquired CMX, the world’s largest community professional organization. With the mission of helping community professionals thrive, CMX offers training, education, and networking opportunities that enable organizations and individuals to harness the power of community. The Bevy Virtual Community and the Bevy Virtual Conference platform were launched in 2020 to address the needs of both community and event marketing professionals, delivering significant business results for CMOs, community, field marketing, and corporate event teams looking to rebuild their marketing plans in a post-pandemic world. For additional information, visit bevy.com.