Tech Company Financing Transactions
Groups360 Funding Round
AccorHotels, Hilton and IHG joined a $50 million capital raise for Groups360. The financing round was announced on 8/28/2019.
Transaction Overview
Company Name
Announced On
8/28/2019
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Proceeds Purpose
With this new investment in our business, we will scale up our sales, marketing and engineering teams to deliver this enhanced GroupSync functionality to more planners around the world.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1901 21st Ave. South
Nashville, TN 37212
USA
Nashville, TN 37212
USA
Phone
Website
Email Address
Overview
Groups360 was founded in 2014 with the goal of simplifying and transforming the ways meetings are booked. The company's search engine, GroupSync, using its proprietary matching algorithms designed specifically for meeting planners, has helped place thousands of events at the right venue, saving planners time and money.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
David Kloeppel
Chief Executive Officer
Kemp Gallineau
Chief Financial Officer
Paul Zettler
Chief Scientific Officer
Timothy Flors
Chief Technical Officer
James Siegienski
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