Cvent
Tysons, Virginia, United States
Acquired For · 2016
$1.7B
2022 Revenue
$630.6M
Customers
27K
Funding
$146.9M
Avg ACV
$23.4K
Team · 2023
4.8K
Founded
1999
Cvent Revenue, Valuation & Funding (2022)
Cvent generated $630.6M in revenue in 2022.
Cvent is a publicly traded company and does not have an owner in the traditional sense. Instead, it is owned by its shareholders who hold stock in the company. Cvent is a cloud-based software company that provides event management and online registration solutions. The company was founded in 1999 and is based in Tysons, Virginia, USA. Cvent's software allows organizations to manage all aspects of their events, from registration and attendee management to venue selection and marketing. The company's customer base includes event planners, marketers, and organizations of all sizes, ranging from small businesses to large enterprises. Cvent has received numerous awards for its innovative technology and has been recognized as a leader in the event management software market.
Last updated
Cvent Revenue
In 2022, Cvent's revenue reached $630.6M. The company previously reported $640M in 2019.
| Year | Milestone | Source |
|---|---|---|
| 2022 | Cvent Hit $630.6m revenue in December 2022 | Not recorded |
| 2019 | Cvent Hit $640m revenue in October 2019 | Not recorded |
| 2018 | Cvent Hit $500m revenue in November 2018 | Not recorded |
| 2016 | Cvent Hit $200m revenue in June 2016 | Not recorded |
| 2015 | Cvent Hit $187.7m revenue in June 2015 | Not recorded |
| 2012 | Cvent Hit $83m revenue in January 2012 | Not recorded |
| 2011 | Cvent Hit $61m revenue in July 2011 | Not recorded |
| 1999 | Launched with $0 revenue |
Cvent Valuation, Funding Rounds
Cvent reached a $1.7B valuation in 2016.
Cvent has raised $146.9M in total funding across 3 rounds, most recently a $912K Venture round in 2012.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2016 | AcquiredExit | - | $1.7B | - | Not recorded |
| 2012 | Venture | $912K | - | - | Not recorded |
| 2011 | Venture | $136M | - | - | Not recorded |
| 2009 | Venture | $10M | - | - | Not recorded |
Founders
Rajeev Aggarwal
CEO
Reggie Aggarwal is the CEO and Founder of Cvent, the leader in meetings, events and hospitality software. A lawyer by trade, Aggarwal founded Cvent in 1999 as a two-person startup, with the goal of making meeting planning easier for his peers in the business community.
Chuck Ghoorah
Co-Founder and President of Worldwide Sales and Marketing
As a member of Cvent's founding team, it's been incredible to play an instrumental role in driving the company's growth from a two-person startup to the 4,000+ person company we are today. With more than 20 years of experience in the meetings industry, I've spoken at more than 100 conferences and trade shows; advised dozens of Fortune 500 organizations and large associations on the business impact of strategic meetings management and event marketing; and built relationships with some of the world's top hotel chains, including Hilton and Marriott. Prior to joining Cvent, I was a corporate attorney with Hale and Dorr, where I specialized in venture capital financing and technology transactions. Previous to this, I was an Associate Director at the Advisory Board Company (NASDAQ:ABCO) where I delivered numerous presentations to hundreds of CEO's and senior executives. I graduated Magna Cum Laude and Phi Beta Kappa from Duke University, then earned my master's degree in political science from Duke Universitys Graduate School and my Juris Doctorate with honors from Duke University School of Law. Specialties: sales management, marketing, meetings technology, event planning, event management, event registration, strategic meetings management, event marketing, conference and trade show management
Dan Lapus
Senior Vice President / Co-Founder
Daniel Lapus has been with Cvent since November 1999 and has been instrumental in the design and delivery of Cvent's product offering since the first beta release of the Event Management software. Today Dan is responsible for both the Product Management and Quality Assurance teams within Cvent's technology department. He remains heavily involved in the overall success of Cvent's current products offerings and spearheads the research and design efforts for new products and any enhancements to existing products.
Q&A
| Question | Answer |
|---|---|
| What's your age? | 52 |
Customers
Cvent serves 27K customers.
Cvent Employees & Team Size
Cvent employs approximately 4.8K people as of 2026, up from 4K in 2020, including 653 sales reps that carry a quota. It serves 27K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 4.8K employees (July 2023) | Not recorded |
| 2020 | Reached 4K employees (December 2020) | Not recorded |
| 2020 | Reached 4.4K employees (June 2020) | Not recorded |
| 2019 | Reached 4.4K employees (December 2019) | Not recorded |
| 2019 | Reached 4.3K employees (October 2019) | Not recorded |
| 2018 | Reached 3.7K employees (December 2018) | Not recorded |
| 2018 | Reached 4K employees (November 2018) | Not recorded |
| 2018 | Reached 3.2K employees (March 2018) | Not recorded |
| 2015 | Reached 1.9K employees (June 2015) | Not recorded |
Frequently Asked Questions about Cvent
Who owns Cvent?
Cvent is owned by Blackstone, which acquired it for $1.7B in 2016.
What is Cvent's revenue?
As of 2022, Cvent generated $630.6M in revenue.
Who founded Cvent?
Cvent was founded by Chuck Ghoorah.
When was Cvent founded?
Cvent was founded in 1999.
How much funding does Cvent have?
Cvent raised $146.9M across 3 rounds.
How many employees does Cvent have?
As of 2023, Cvent had 4.8K employees.
Where is Cvent headquartered?
Cvent is headquartered in Tysons, Virginia, United States.
Compare Cvent to the industry
Cvent operates across multiple industries. Browse revenue, funding, and growth data for Cvent in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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