Kactus SAS

Kactus SAS is a French company that provides a platform for efficient planning and organization of corporate events, offering curated venue selections and tailored suggestions to enhance event execution. Founded in 2016 in Paris, France, Kactus SAS specializes in streamlining the organization of professional events. The company has raised EUR 1. 725 mn in Series A funding, with a total amount raised of EUR 1.

725 mn. The CEO is Arnaud Katz, and the founders include Anne-Sara Regnaut and Thomas Cottin. The latest funding round occurred on August 25, 2020, and Kactus operates with a current valuation of EUR 11. 297 mn.

Kactus offers a comprehensive platform designed to streamline the planning and organization of professional events, including seminars, conferences, team-building activities, and corporate training sessions. Users can create event briefs, explore a curated selection of over 19,000 venues, and receive tailored venue suggestions based on their specific event requirements. Kactus primarily serves corporate clients across various sectors, notably pharmaceuticals, logistics, and technology, including clients like Boehringer Ingelheim and Groupe La Poste. The service is mainly available in the French market, focusing on enhancing event planning efficiency.

In the most recent year of 2017, Kactus generated revenue of EUR 545,871. 4 and reported an EBITDA of EUR -803,389. 3. Kactus generates revenue through a model that includes transaction fees for event bookings made via their platform, enabling direct transactions between Kactus and corporate customers.

The company positions itself as a provider offering competitive pricing and expertise throughout the event planning process, supported by partnerships with venue operators and service providers in the MICE sector. Kactus plans to utilize the EUR 1. 72 mn raised in the Series A funding round for the development of new products and expansion into new markets. The company aims to enhance its platform with additional features to improve user experience.

Additionally, Kactus is targeting expansion beyond the French market to other European regions by 2022. The Series A funding values Kactus SAS at EUR 21. 58 mn post-money and will support these initiatives.