Virtual and hybrid events platform, Hubilo has secured £17 million in a ‘Series A’ funding round led by Lightspeed Venture Partners and Balderton Capital.
Founded by Mayank Agarwal, and Vaibhav Jain, Hubilo is headquartered out of San Francisco, with offices in London and Bengaluru in India.
The funding will be used to to roll-out additional platform features to enable stronger attendee engagement and new monetisation opportunities for organisers. Hubilo also aims to acquire more office space in London, and build out its teams in the UK and across Europe.
Hubilo says that organisers already see increased attendee engagement through built-in networking features, including meeting tables, private rooms, meeting schedules, and gamification elements such as leaderboards.
Vaibhav Jain, founder, and CEO, Hubilo said: “We’ve experienced remarkable growth over the last few months thanks to our vision of placing experience and intelligence at the forefront of virtual events. Our strategy, product features, and platform intelligence are expanding the possibilities of what is achievable in the events space, and we’re continually delivering greater value for event organisers, sponsors, and other stakeholders. We’re excited to welcome our investors onboard as we begin this next phase of global expansion.”