Cvent
Tysons, Virginia, United States
Valuation
$1.7B
2022 Revenue
$630.6M
Customers
27K
Funding
$146.9M
Avg ACV
$23.4K
Team · 2023
4.8K
Founded
1999
How Cvent CEO Dan Lapus grew to $630.6M revenue and 27K customers 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. Since its launch in 1999, Cvent has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2022 | Cvent Hit $630.6m revenue in December 2022 | |
| 2019 | Cvent Hit $640m revenue in October 2019 | |
| 2018 | Cvent Hit $500m revenue in November 2018 | |
| 2016 | Cvent Hit $200m revenue in June 2016 | |
| 2015 | Cvent Hit $187.7m revenue in June 2015 | |
| 2012 | Cvent Hit $83m revenue in January 2012 | |
| 2011 | Cvent Hit $61m revenue in July 2011 | |
| 1999 | Launched with $0 revenue |
Cvent Valuation, Funding Rounds
Cvent's most recent disclosed valuation is $1.7B.
Cvent has raised $146.9M in total funding across 3 rounds, most recently a $912K Venture Round round in 2012.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2012 | Venture Round | $912K | - | - | |
| 2011 | Venture Round | $136M | - | - | |
| 2009 | Venture Round | $10M | - | - |
Founders
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.
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
Patrick Smith
Chief Marketing Officer
EXPERIENCE I have an extremely wide and deep breadth of experience in B2B technology marketing, and have had responsibility for all parts of the B2B marketing equation within large publicly traded software companies throughout my career. My experience includes: - Corporate Marketing - Lead Generation - Branding - Product Marketing - Marketing Communications - Customer Programs (case study creation, customer reference programs) - Public Relations - Analyst Relations - Corporate/Product Messaging - Advertising - Social Media - Online Marketing (web, SEO, SEM) - Strategic Planning - Competitive Intelligence - Speechwriting - Sales Enablement and Support - M&A Communications and Integration - Public Company Communications (earnings calls, 10-K writing) - Supply Chain Network Design - Warehouse Design One of my key strengths in addition to driving leads, increasing awareness, creating compelling content, and building brands, is closely partnering with sales teams to close multi-million dollar deals. From building competitive sales strategies and editing key proposals, to leading sales messaging training sessions and presenting company/solution strategy in deals, I greatly enjoy partnering with sales to drive revenue.
Ben Mayrides
Chief Information Security Officer
Proven, results-oriented cyber security leader and technology advisor with 25 years of global experience in Fortune 500 companies across multiple industries. Change leader with a passion for building technology security and risk management organizations that enable business transformation and growth at global scale. Specialities: cyber security strategy * technology risk management & compliance * global data privacy & compliance * web/application security * security architecture & engineering management * security operations & incident response * business continuity * crisis management * change leadership * career coaching/mentoring * social entrepreneurship
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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 |
|---|---|
| 2023 | Reached 4.8K employees (July 2023) |
| 2020 | Reached 4K employees (December 2020) |
| 2020 | Reached 4.4K employees (June 2020) |
| 2019 | Reached 4.4K employees (December 2019) |
| 2019 | Reached 4.3K employees (October 2019) |
| 2018 | Reached 3.7K employees (December 2018) |
| 2018 | Reached 4K employees (November 2018) |
| 2018 | Reached 3.2K employees (March 2018) |
| 2015 | Reached 1.9K employees (June 2015) |
Frequently Asked Questions about Cvent
What is Cvent's revenue?
Cvent generates $630.6M in revenue.
Who founded Cvent?
Cvent was founded by Dan Lapus.
Who is the CEO of Cvent?
The CEO of Cvent is Dan Lapus.
How much funding does Cvent have?
Cvent raised $146.9M across 3 rounds.
How many employees does Cvent have?
Cvent has 4.8K employees.
Where is Cvent headquarters?
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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