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Hubilo Raises $23.5m to Redefine the Future of Events

Feb 24, 2021•over 4 years ago

Amount Raised

$23 Million

San Francisco

Description

 Hubilo, the global virtual and hybrid events platform, has announced a $23.5 Million Series A investment led by Lightspeed Venture Partners and Balderton Capital, alongside several industry experts and luminaries, including John Thompson, Chairman of the Board at Microsoft, and Chris Schagen, Former CMO at Contentful. This funding comes just months after Hubilo's $4.5 Million Seed round in November 2020. It is a reflection of the exponential growth in Hubilo's business and investor belief in Hubilo's vision for a category that represents the largest fraction of marketing budgets globally.

Company Information

Company

Hubilo:

Location

San Francisco, California, United States

About

Virtual and hybrid event technology company Hubilo is one of the fastest-growing SaaS companies today, globally. Hubilo has witnessed a revenue growth rate of over 10,000% in less than a year and has raised a seed round of $4.5 million and a Series 'A' round of $23.5 million from leading Venture Capital firms like Lightspeed Venture Partners and Balderton Capital, and several renowned angel investors. Hubilo is headquartered out of San Francisco in the US; with offices in London in the UK and Bengaluru in India with clients in the United States, Europe, APAC, Middle East and Africa. Hubilo's customers include names like United Nations, Roche, Informa Markets, Tech in Asia, Fortune, AWS, Siemens, Cognizant, Veritas Technologies, GITEX and several others. Led by Founders Vaibhav Jain and Mayank Agarwal, Hubilo is building out the world's most comprehensive digital platform to help businesses strengthen their relationships with their customers and partners through virtual and hybrid events.

Funding Insights

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