Hubilo, a platform that helps businesses of all sizes host virtual and hybrid events and gain access to real-time data and analytics, has raised $23.5 million in a series A round led by Lightspeed Venture Partners. The round saw participation from the U.K.’s Balderton Capital and Microsoft chair John W. Thompson, among other angel investors.
Earlier, Hubilo secured $4.5 million in a seed round of funding led by the Indian investment arm of Lightspeed Venture Partners.
Today Hubilo says 40% of its clients are U.S.-based enterprises, including Amazon Web Services (AWS), with big-name clients from elsewhere including Siemens, Roche, and the United Nations.
“The potential leads feature in Hubilo provides the sponsors and exhibitors with hot leads based on the activities performed by attendees,” Hubilo cofounder and CEO Vaibhav Jain said. “This enables the key stakeholders to generate maximum return on investment from the event and also match with the right people. They can then connect with these attendees via one-to-one video meetings and exchange their contact information.”
Founded in early 2020 by Mayank Agarwal and Vaibhav Jain, Hubilo offers gamified experiences to increase attendee engagement, and deep integrations with platforms such as Marketo and Salesforce to provide actionable insights to organisers and their sponsors who can finally prove return on investment from their event-related budgets.
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