#Africa SA’s Eventerprise fundraising tops $1.4m

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Cape Town-based startup Eventerprise has secured funding from three new investors, bringing the startup’s total fundraising to US$1.4 million.

Eventerprise is a global events platform connecting event-related businesses with potential clients.  The portal allows event hosts to source, review and contact event suppliers.

Launched in 2014 in South Africa, Eventerprise raised US$400,000 in December 2015 from a group of UK and German investors, on the back of attending the annual Web Summit event in Dublin, Ireland.

The startup said it hoped to continue fundraising, with a view to reaching a US$2 million close.

Eventerprise has now announced further investment from three new investors – Indian businessman and chairman of diversified multinational conglomerate, the Dodsal Group, Dr Rajen Kilachand; and UAE-based event industry experts, John Martin St Valery and Omar Rahman.

The new investment brings Eventerprise’s total fundraising to date to US$1.4 million.

The startup said the funds will enable it to expand its operations globally.

“The world of events is still very much fragmented, without a central platform where event professionals across all verticals can display their services, products or venues, so that potential clients can find and compare them in a faster and more transparent manner,” said Götz Thümecke, Eventerprise co-founder and chief executive officer (CEO).

“Eventerprise’s dedicated search algorithm and use of verified reviews and custom profiles for event professionals aim to solve the current disconnect, and it is wonderful to know that prominent business leaders are buying into our mission.”

The investment news comes hot on the heels of Eventerprise’s recent launch of the beta version of EventerScore, a digital performance tool for event professionals.

The post SA’s Eventerprise fundraising tops $1.4m appeared first on Disrupt Africa.

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