Vendelux Revenue & Funding (2024)

Today we're announcing Vendelux's $50M Series B, led by Tribeca Venture Partners. This brings our total funding to $71M. R. Stefan Deeran and I built $100M ARR business at Shutterstock partnering with companies like OpenAI, Google, and Apple. Deals like that only get done in person. We found that when we went to the right events and met the right people, it was magic. But when we picked the wrong event, or went to a good one and didn’t get face time with the right people, it was a huge waste of time and money. We knew there had to be a better, more data-driven way to make sure the right people meet in the right place at the right time. So we built Vendelux, the intelligence layer for B2B events. In the age of AI, the need for in-person professional connection has only grown. AI renders digital outreach infinite and cheap, making a real in-person conversation the scarcest, highest-trust interaction a marketer can secure. This is why budgets are moving toward in-person events. Like websites have analytics and pipeline has a CRM, events have Vendelux: one platform connecting marketers, sales teams, and event organizers, making events more measurable, more connected, and more meaningful for everyone involved. More than anything, it's been a privilege to watch our customers turn their event programs into a measurable revenue channel. Today, there are: → 250,000+ global B2B events indexed → 50,000+ marketers using Vendelux → Over $5B in event spend influenced → Companies like Ramp, Glean, Coupa, McKesson, WRITER, Deel, Intel, and the United States Postal Service using Vendelux to get more out of every event Huge thanks to Leo de Luna and the team at Tribeca Venture Partners for leading this round, with participation from S3 Ventures, Pelion Venture Partners, HubSpot Ventures, FirstMark, and Cervin Ventures. This funding helps us invest deeper in AI and build products that bring marketers and event organizers closer together, so every participant gets more value from every event. Thank you to our team, our customers, our organizer partners, and everyone who believed in this from the start. We're building a generational company that is empowering humanity to build meaningful professional relationships. Join us, we're hiring! → Read the Business Insider story by Lucia Moses and our blog post in the comments.