Grip has raised听拢9.3 million听in Series A funding.听
The London-based events platform听is revolutionising how professionals network at听virtual and in-person events.听
The round听was听led by London-based growth equity fund Kennet Partners.听
Founded in 2016, Grip works听with听some of听the world鈥檚 largest event organisers including Reed Exhibitions, Messe Frankfurt, VentureBeat and TechCrunch.听
With the听COVID-19听pandemic serving as a catalyst for the online events industry, Grip鈥檚听market听engagement听platform enables听organisers to create an omnichannel experience听underpinned by artificial intelligence.听
The tech听is proven to increase the number of quality interactions at events, creating unique insight and opportunities for organisers to generate meaningful value for their clients.听听
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鈥淥ur mission is to empower organisers to bring professionals together to advance industries,鈥� said CEO听and founder听Tim Groot.听听
鈥�This funding round is going to enable us to take the experience to a new level, leveraging our extensive industry-leading platform, offering unique value for听virtual,听hybrid and听in-person events.听
鈥淚鈥檓 humbled and thankful to our clients for trusting us and working with us to achieve this milestone. We鈥檝e raised the round for them, to make our platform better.听听
鈥�We鈥檙e going to invest heavily in our product and global expansion to support organisers across the world in the continued digitisation of their business and empower them to succeed in this new reality.听
鈥淣ow, more than ever, we must do everything possible to help professionals connect in useful and meaningful ways.鈥�听
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Hillel Zidel,听partner at Kennet and Grip board member, added: 鈥淕rip鈥檚 ability to organise virtual events with a key focus on networking has meant that the company has seen tremendous growth over the last year.听听
鈥�Event organisers and their clients have been able to remain connected with their customers despite the constraints on in-person events.听听
鈥�As live events resume in the future, Grip is extremely well positioned to continue to assist event organisers through the provision of software solutions supporting live, virtual and hybrid events.鈥�听
Brent Hoberman, co-founder of Founders Factory and听a听previous investor, said:听鈥淕rip was born out of a need we saw in running events at Founders Forum – how do you use smart technology to catalyse the most relevant and valuable connections between your guests?听听
鈥�I鈥檓 thrilled that under Tim鈥檚 leadership, Grip has become a world-class product that continues to build on this seed of an idea in using smart tech to facilitate more meaningful connections.听听
鈥�It鈥檚 exciting to see the team attract and bring on a great fund in Kennet Partners – they now have the resources they need to take the company to the next level.鈥�听
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