QuickMobile Inc.

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QuickMobile Inc. - overview

Established

2006

Location

Vancouver, BC, Canada

Primary Industry

Software

About

QuickMobile Inc. delivers innovative mobile event solutions, enhancing participant engagement and streamlining event management for organizers through advanced technology and interactive features. Founded in 2006, QuickMobile Inc. is based in Vancouver, Canada, specializing in mobile event applications.


In May 2018, the company was acquired by Cvent / Lanyon Solutions from TIMIA Capital for CAD 4 million. The deal was completed at the end of that month. Patrick Payne serves as the CEO, overseeing operations as the company integrates into Cvent's broader event management portfolio. QuickMobile Inc.


provides comprehensive event management solutions through its flagship Mobile Event Apps. These applications are designed to enhance attendee engagement and streamline event experiences with features like personalized agenda building, real-time updates, and networking opportunities powered by AI. Serving a diverse range of clients from associations to corporations across North America, Europe, and Asia-Pacific, QuickMobile's tools address logistical challenges and improve information dissemination for both in-person and virtual events. The company operates on a subscription-based revenue model, where clients pay for access to its suite of event management products and services, including the Mobile Event Apps.


Business-to-business transactions focus on partnerships and enterprise solutions, catering to clients from Fortune 500 companies to small associations, ensuring tailored pricing structures that accommodate the specific needs of various events. Following its acquisition by Cvent, QuickMobile plans to leverage its resources for future growth by further developing its mobile event solutions. The recent acquisition deal completed in May 2018, which involved CAD 4 million, will allow QuickMobile to enhance its product offerings and expand into new markets. Specific plans include targeting additional geographic regions to increase its client base in North America and Europe, with strategic developments anticipated to be rolled out in the upcoming fiscal year.


Current Investors

Vista Equity Partners, Cvent, Inc., Vancity Capital

Primary Industry

Software

Sub Industries

Corporate Event Management, Content Management Software

Website

www.quickmobile.com

Verticals

Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

QuickMobile Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedQuickMobile Inc.-

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