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Hubilo Announces Us$125 Million Investment As The New Era Of Events Begins To Unfold

Oct 13, 2021•over 3 years ago

Amount Raised

$125 Million

Bengaluru

Description

Hubilo, a leading global virtual events platform, announced that in a funding round led by Alkeon Capital and additionally, Lightspeed Venture Partners and Balderton Capital, it has raised $125 million in Series B funding to further the development of the future of events and engagement on Hubilo's platform.

Company Information

Company

Hubilo Technologies Inc

Location

Bengaluru, Karnataka, India

About

Hubilo is the virtual + hybrid event platform built for engagement and event excellence. Hubilo's mission is to drive engagement - first and foremost - yielding greater business results. With a 24/7 fully dedicated customer success team, the industry's largest suite of engagement and gamification features, and robust branding capabilities, Hubilo is the architect of the new reality for future events. Led by Founders Vaibhav Jain and Mayank Agarwal, the company is headquartered out of San Francisco, with a base office in Bengaluru in India. Hubilo's clients include names like Walmart, United Nations, AB InBev, Roche Pharma, Echo, GITEX, and several others across the United States, Europe, APAC, Middle East, and Africa. In less than a year, Hubilo has raised a Seed round of $4.5 million, a Series 'A' round of $23.5 million, and Series 'B' round of $125 million from leading Venture Capital firms like Alkeon Capital, Lightspeed Venture Partners, Balderton Capital, and Lightspeed India Partners, and several strategic angel investors.

Funding Insights

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