Iventis Ltd.

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Iventis Ltd. - overview

Established

2015

Location

Lincoln, Lincolnshire, UK

Primary Industry

Internet

About

Iventis Ltd. , based in the UK, is a web-based company specializing in visual event mapping software that enhances event planning and execution across various sectors. Founded in 2015 in Lincoln, UK, Iventis Ltd. provides innovative software solutions for event mapping.


The company is led by CEO Joe Cusdin. As of March 2023, Iventis secured GBP 2. 07 million in funding from Mercia Asset Management, bringing the total amount raised to GBP 2. 07 million and the current company valuation to GBP 5.


258 million. Iventis has completed three deals to date, with its most recent funding round occurring on March 16, 2023. Iventis specializes in visual event mapping software designed to streamline the planning and execution of events across various sectors. Their core offerings, including Iventis Planner, Iventis Scheduler, and Iventis Digital Twin, facilitate the creation of comprehensive site and venue plans, allowing users to build configurations for single or multiple locations while addressing specific operational needs.


The software enhances real-time communication and collaboration among event teams, partners, and suppliers, thereby mitigating risks and identifying efficiency savings. Target clients include venues, local organizing committees, rights holders, event suppliers, and agencies involved in diverse event types such as major sports events, exhibitions, festivals, and conferences. Iventis's products are marketed primarily in North America, Europe, and Asia-Pacific, catering to a global clientele seeking to optimize event management processes. Iventis generates revenue through a subscription-based model, offering tiered pricing plans for their software solutions that cater to various organizational needs.


Clients typically enter into contractual agreements for access to the software, which includes features for event planning, collaboration, and operational oversight. The firm’s flagship products—such as Iventis Planner and Iventis Scheduler—are integral to the services provided and can be bundled or purchased individually, depending on client requirements. Subscription terms often encompass support and updates, ensuring that clients have access to the latest features and functionalities. The business transactions primarily focus on B2B relationships, emphasizing partnerships with venues, event organizers, and other stakeholders in the event management ecosystem.


In March 2023, Iventis secured GBP 2. 07 million in venture funding led by Mercia Asset Management, which will be utilized to further develop its technology. The company aims to expand its reach into new markets and geographic regions, though specific locations and timelines for this expansion have not been disclosed. Iventis is focused on enhancing its product offerings to better cater to the evolving needs of the event management industry.


Current Investors

Mercia Fund Management, Future Fund, Mercia Asset Management

Primary Industry

Internet

Sub Industries

Web Applications, Systems Management Software, Analytics & Performance Software

Website

www.iventis.co.uk

Verticals

Cloud Computing

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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