nvite


Website: nvite.com
Twitter: @nvite
Facebook: nvite
Founder: Martin Ringlein

Overview

Nvite provides  an online event ticketing and registration platform.The attendee-focused event registration and ticketing platform integrates start-to-finish social event planning functionality. Currently, Nvite sells tickets for events ranging from local DC Meetups to larger events like the San Francisco screening of the White House Film Festival. [2] Nvite's offerings scale to accommodate everyone from enterprise clients to non-tech-savvy event planners. [3]

History

Headquartered in Arlington, Virginia, Nvite was founded in 2013 by Twitter alum and Canvas Co/work founder Martin Ringlein. Martin wanted to fill the gap in the event registration market to make it easier for small corporate clients and other planners to find an easy event ticketing solution. [4] In 2104,  the company raised a $1 million round of seed financing led by Paul Singh’s Crystal Tech Fund. Nvite launched its private beta in February of 2014, and has sold tickets for events in over 36 US cities and 16 countries, including SXSW 2014. [2] Nvite currently operates in 16 countries, including Colombia, Ukraine, Ireland, India, Australia, Japan and China. In 2015, the company plans to focus on increasing its revenue via partnerships. Its recent $20 million sale in tickets was secured through their five partner companies, including Reston-based health IT company Wedi and Jose Andre's Think Food Group. The company also plans to expand its model to consumers for events like birthday parties and happy hours. [5]

Funding rounds

Funding RoundPaper AmountDateInvestors
Seed$1 million2014District Capital Partners, Middle Bridge Partners, Crystal Tech Fund, Michael Chasen, Haroon Mokhtarzada, Lawrence Black, CIT GAP Funds, Middleland Capital, NextGen Angels

References

  1. Eric Hal Schwartz "The Amazing 50 on Fire Winners in Marketing & Advertising" InTheCapital December 9, 2014

  2. Ronald Barba "DC’s "nvite Raises $1M Seed Round for Event Ticketing and Registration Platform" Tech Cocktail August 18, 2014

  3. Bill Flook "Nvite takes on Eventbrite with $1M from Crystal Tech Fund, other D.C. investors" Washington Business Journal August 18, 2014

  4. Kasra Kangarloo "3 things Martin Ringlein and his event software startup nvite are focusing on this year" Washington Business Journal February 3, 2015

  5. Christopher Wink "Online ticketing service nvite raises $1M round led by Crystal Tech Fund" Technical.ly August 19, 2014