Bizzabo Funding, Investors & Competitors
Bizzabo has raised $193M across 6 funding rounds, most recently a $138M Series E in December 2020.
Last Bizzabo funding round
$138M
Series E · Dec 2020
Cumulative funding Bizzabo raised
$193M
across 6 funding rounds
Key investors in Bizzabo
OurCrowd
N47
LionBird
Viola Growth
Kaedan Capital
Pilot Growth Equity
Insight Partners
Maor Investments
About Bizzabo
Bizzabo is an event management platform that powers in-person, virtual, and hybrid experiences through its Event Experience OS. Recognized as a leader in The Forrester Wave for B2B Marketing Events Management Solutions in Q1 2021, the New York-headquartered company maintains offices in Tel Aviv, Kyiv, and London. It enables event leaders to manage programs, engage audiences, and activate communities while prioritizing data privacy and security. Bizzabo serves Fortune 100 enterprises, financial institutions, creative agencies, and tech firms worldwide.
Founded
2011
HQ
New York City, NYWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Bizzabo Funding History
Bizzabo has raised a total of $193M across 6 funding rounds.
Bizzabo's first fundraising round was a $3M seed round in December 2014. The most recent completed round was a $138M Series E in December 2020.
Bizzabo funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Dec 2020 | Series E | Insight Partners (lead); Viola Growth; N47; OurCrowd | $138M | Bizzabo is an event success platform that enables organizers to create, manage, and measure in-person, virtual, and hybrid professional events, handling everything from conception and sponsorships to attendee interactions. The company, with roots in Israel and offices in New York and Tel Aviv, raised $138 million in its Series E funding round on December 2, 2020, led by Insight Partners, with participation from existing investors Viola Growth, Next47 (also referred to as N47), and OurCrowd. This marked the largest private investment in an event technology platform at the time, aimed at meeting surging global demand amid COVID-19's transformation of the events industry and expanding capabilities for hybrid events. The funding came during a period of impressive pre- and post-pandemic growth for Bizzabo, which launched the industry's first end-to-end event technology solution supporting both virtual and in-person experiences. Insight Partners' Managing Director Matt Gatto highlighted Bizzabo's momentum and execution as positioning it to lead the evolving events space, joining the board with the investment. CEO Eran Ben-Shushan noted the investment as a testament to Bizzabo's leadership in event technology adaptation. Plans included tripling engineering, product, and experience teams and opening two new European offices. Ben-Shushan indicated it had grown 400% since the prior Series D in 2019. Prior rounds included a $27 million Series D in 2019 led by Viola. Total funding across rounds reached approximately $195-196.5 million by end-2020. Bizzabo had raised across multiple earlier rounds: $15M Series B and $6.5M Series A in 2017, $4M in 2015, $2.5M in 2014, and $1.5M seed in 2012, plus a $2M debt round in April 2020. A subsequent down round in 2022 raised $35 million led by Insight Partners at a $200 million valuation, 30% lower than implied prior value, with added liquidation preferences. |
| Apr 2019 | Series D | Viola Growth (lead); N47; Pilot Growth Equity; Maor Investments | $27M | Bizzabo, an Israel-based end-to-end Event Success Platform, raised $27 million in a Series D funding round on April 18, 2019, led by Viola Growth with participation from new investor Next47 and existing investors Maor Investments and Pilot Growth. This brought the company's total funding to $56 million. The funds were intended to expand platform capabilities for data-driven, personalized event experiences and to grow R&D and go-to-market teams in New York and Tel Aviv. Rafi Carmeli and Eran Westman from Viola Growth, along with Matthew Cowan from Next47, joined the board. The platform supports enterprise and mid-market organizations in managing professional events, emphasizing personalization, engagement, and ROI tracking. Investors highlighted Bizzabo's leadership in event technology innovation amid growing corporate reliance on events for marketing and revenue growth. This 2019 raise preceded a larger $138 million Series E in December 2020 led by Insight Partners, with participation from Viola Growth, Next47, and OurCrowd, bringing total funding to around $195 million by then. |
| Dec 2017 | Series C | Pilot Growth Equity (lead) | $15M | Bizzabo, an event success platform founded in 2012, closed a $15 million growth equity round on December 13, 2017, led by Pilot Growth Equity with participation from Maor and existing investors. This brought total funding to $30 million to support its rapidly growing customer base and accelerate product development for its event cloud technology. The platform enables thousands of global events for enterprise clients including WeWork, HubSpot, GitHub, EA Sports, and Bank of Ireland. Bizzabo reported annual revenue in the millions, with annual recurring revenue growing over 200% in the past year, and doubled its team size. |
| Apr 2017 | Series B | Avigdor Willenz (lead); Danny Tocatly (lead); Rimon Funds (lead); LionBird; Gigi Levy Weiss; Yair Tauman; Kaedan Capital | $7M | Bizzabo, an Israeli events marketing platform founded in 2011 by Eran Ben-Shushan, Alon Alroy, and Boaz Katz, raised $6.5 million in a Series A round on April 4, 2017. The round was led by Avigdor Willenz, Danny Tocatly, and Rimon Funds (noted as Zvi Limon of Magma Venture Partners in some reports), with participation from returning investors LionBird, Kaedan Capital, Yair Tauman, Gigi Levy Weiss, and others. This brought total funding to $14.5 million. Bizzabo's cloud-based platform simplifies event management and marketing for small and medium-sized businesses, providing tools to digitize the process from promotional emails to post-event engagement. High-profile customers include GE, Virgin, USAA, and The Lean Startup, with usage by high hundreds of companies. The company differentiates from competitors like Cvent by focusing on comprehensive digital footprints and automation. Offices are located in Tel Aviv and New York City, positioning Bizzabo to expand its event success platform amid growing private equity interest in the space following Cvent's $1.65 billion acquisition. |
| Jul 2015 | Seed | LionBird | $4M | - |
| Dec 2014 | Seed | AfterDox; OurCrowd; MASA Group; Kaedan Capital; Massa Innovations | $3M | Bizzabo, a networking platform and event app founded in 2011 by Eran Ben-Shushan, Alon Alroy, and Boaz Katz, raised $2.5 million from investors including Kaedan Capital, AfterDox, Gigi Levy, OurCrowd, and Massa Group. This brought total funding to $4 million as of August 2014. The capital supported new functionalities for professional event organizers, participants, sponsors, attendees, speakers, and exhibitors, with a comprehensive event management platform rollout planned later that year. Bizzabo had reached a milestone of 4,000 professional events prior to the funding. |
Who has invested in Bizzabo?
16 investors have backed Bizzabo across its funding rounds, including OurCrowd, N47, LionBird, Viola Growth, Kaedan Capital and Pilot Growth Equity.
Lead investors include Insight Partners, Viola Growth, Pilot Growth Equity, Avigdor Willenz, Danny Tocatly and 1 other investor.
Bizzabo Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Herzliya | 2 | Lead | Apr 2019 | |
| Tel Aviv | 2 | Participant | Jul 2015 | |
| San Francisco, CA | 2 | Participant | Apr 2019 | |
| San Francisco, CA | 2 | Lead | Dec 2017 | |
| Jerusalem | 2 | Participant | Dec 2014 | |
| Tel Aviv | 2 | Participant | Dec 2014 | |
| Herzliya | 1 | Lead | Apr 2017 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Danny Tocatly | Tel Aviv | 1 | Lead | Apr 2017 |
| Avigdor Willenz | -- | 1 | Lead | Apr 2017 |
| Kfar Saba | 1 | Participant | Dec 2014 | |
| Tel Aviv | 1 | Participant | Apr 2019 | |
| Israel | 1 | Participant | Apr 2017 | |
| Norfolk, VA | 1 | Participant | Dec 2014 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Bizzabo
Bizzabo has acquired 4 companies to date.
Last acquisition by Bizzabo was on November 16th 2021. Bizzabo acquired Klik for $14M.
Latest Acquisitions by Bizzabo
| x.ai | ||||
| Description | Klik is a Montreal-headquartered event technology firm specializing in smart wearable badges for live experiences. Its RFID-enabled wristbands and badges facilitate cashless payments, lead capture, and interactive networking at conferences and festivals. Deployed at over 500 events since 2016, including Montreal International Jazz Festival, Klik processes millions of transactions annually and integrates with apps for real-time attendee analytics. | TeeVid is a virtual event platform that equips producers with tools for live stage management, audience interaction, and analytics. Features include drag-and-drop layouts, hands-up participation, multi-screen broadcasting, and mobile access for attendees. The solution supports on-premises or cloud deployment with SDK integrations for custom branding in corporate conferences and webinars. | x.ai is a New York-headquartered artificial intelligence scheduling assistant founded in 2014. The tool automates meeting coordination for groups, handles follow-ups, reminders, cancellations, and rescheduling across calendars like Google and Outlook. | Whalebone is a Stockholm-based analytics platform for live events and online audiences. The company deploys sensors and AI to capture crowd data, generating real-time visualizations of engagement and interactions. Founded in 2017, it powers virtual concerts and esports with tools for performer feedback and monetization streams. |
| HQ Country |  | | |  |
| HQ City | Montreal | Tel Aviv | San Francisco, CA | Stockholm |
| Deal Date | 16 Nov 2021 | 26 Oct 2021 | 3 Jun 2021 | 24 May 2021 |
| Valuation | $14M | undisclosed | undisclosed | undisclosed |
| EV/Revenue | ||||
| EV/EBITDA | ||||
This data is available for Pro users. Sign up to see all Bizzabo acquisitions and their M&A valuation multiples. Start Free Trial | ||||
Bizzabo Competitors
Bizzabo competitors include listed companies like Hibino, accesso, Constellation Software and Liberty Media, and private ones like Rippling and The Deployment Company.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Japan | Publicly listed | $435M | $60M | $176M | 0.6x | |
 United Kingdom | Publicly listed | $155M | $22M | $127M | 0.8x | |
| Canada | Publicly listed | $12B | $2.5B | $43B | 3.5x | |
| United States | Publicly listed | $4.5B | $1.4B | $23B | 5.9x | |
| San Francisco, CA | Private | $570M | - | $17B | 29.5x | |
| San Francisco, CA | Private | - | - | $14B | - |
Bizzabo Public Comps
Bizzabo is still privately-owned, but its public comps include Constellation Software, Live Nation, Liberty Media, SS&C Technologies, Informa, Liberty Live Holdings, CTS Eventim, Topicus, Sphere Entertainment and MSG Entertainment.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $12B | $2.5B | 4.0x | 3.5x | 18.5x | 12.9x | |||
| $25B | $1.8B | 1.7x | 1.6x | 23.5x | 16.7x | |||
| $4.5B | $1.4B | 6.2x | 5.9x | 20.1x | 23.3x | |||
| $6.3B | $2.1B | 4.2x | 3.9x | 12.4x | 10.0x | |||
| $5.4B | $701M | 3.8x | 3.6x | 29.3x | 11.7x | |||
| $382M | ($45M) | 27.6x | 25.4x | (236.5x) | (732.7x) | |||
| $3.5B | $622M | 1.4x | 1.3x | 7.9x | 7.1x | |||
| $1.8B | $393M | 3.4x | 3.0x | 15.3x | 10.6x | |||
This data is available for Pro users. Sign up to see all Bizzabo competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Bizzabo
| When was Bizzabo founded? | Bizzabo was founded in 2011. |
| Where is Bizzabo headquartered? | Bizzabo is headquartered in New York City, NY, United States. |
| Is Bizzabo publicly listed? | No, Bizzabo is a private, VC-backed company. |
| How much funding has Bizzabo raised? | Bizzabo has raised $193M across 6 funding rounds. |
| What was Bizzabo's last funding round? | Bizzabo's last funding round was a $138M Series E in December 2020, led by Insight Partners. |
| Who are Bizzabo's investors? | Bizzabo's investors include Viola Growth, LionBird, N47, Pilot Growth Equity, OurCrowd, Kaedan Capital, Rimon Funds, Danny Tocatly, Avigdor Willenz, AfterDox and 6 others. |
| Which companies are comparable to Bizzabo? | Companies comparable to Bizzabo include Hibino, accesso, Constellation Software, Liberty Media, Rippling and The Deployment Company. |
| How many companies has Bizzabo acquired? | Bizzabo has acquired 4 companies, including Klik, TeeVid, x.ai and Whalebone. |
| What was the largest acquisition by Bizzabo? | The $14M acquisition of Klik in November 2021 is the largest acquisition Bizzabo has made to date. |
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