Event Inc, Germany’s market leading platform for event locations and conference facilities just closed a 7-sigit seed funding roung with several Hamburg-based business angels. The founder and CEO Janna Schmidt-Holtz appoints Paul Philipp Hermann as Co-CEO.
Event Inc is headquartered in Hamburg and was founded in 2014. The fully self-funded company has shown strong traction ever since with more than 100% growth every year since the beginning. The platform offers event locations an efficient marketing channel and assists them in attracting new clients to their venue. Companies use the platform to organize their internal and external events, such as team events, christmas parties, conferences and meetings. The 70 people strong team assists locations as well as companies in finding the perfect client or venue. In 2018 Event Inc is expected to generate several million in revenues and handle a multiple of that in event budgets. With the fresh capital from this seed round, the company plans to strengthen its market leadership position in DACH and expand internationally.
The newly appointed Co-CEO Paul Philipp Hermann has previously founded Lamudi, Rocket Internets real estate platform for emerging markets. Together with Janna he will take Event Inc to the next level and leverage his experiences in the internationalization of online marketplaces.
The Event Inc founder Janna Schmidt-Holtz commented: “The financing round allows us to strengthen our market leadership position in Germany and improve our service to clients by helping them organize their meetings, conferences and company events. Additionally, we aim at expanding internationally over the next year. With Paul Philipp Hermann we managed to hire an experienced Co-CEO for Event Inc. His wealth of experience in international roll-outs as well as in building leading online marketplaces, will benefit Event Inc on its journey towards digitalizing the MICE industry.”
The new Co-CEO, Paul Philipp Hermann, stated: “Janna’s vision to digitalize the Event and Conferencing industry immediately convinced me. Furthermore I’m very impressed what Janna and the team have built over the last couple of years. I am now looking forward to help digitalize the €80 billion MICE industry in Germany together with such a highly motivated team and share my experience on scaling internationally.”