The Eventcombo offering is now closed and is no longer accepting investments.

Eventcombo

Virtual, In-Person, Hybrid Event Technology

Eventcombo

Virtual, In-Person, Hybrid Event Technology

Jersey City, NJ
Advertising and Marketing
Business to Business
Eventcombo is the next generation of event technology: Virtual, in-person, or hybrid. Eventcombo's technology drives engagement and increases conversion. Eventcombo goes beyond event registration, enabling end-to-end capabilities and scalable solutions for marketing, event websites, logistics, travel, hotel, transportation, and hyperlocal experiences. Eventcombo is a complete organization solution, with endless integrations, CRM, ticketing, donations, memberships, silent auctions, and communications.

$55,818

raised
199
Investors
$25.1M
Valuation
$1.14
Price per Share
$100.32
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left

$55,818

raised
199
Investors
$25.1M
Valuation
$1.14
Price per Share
$100.32
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left
This offering ended on May 01, 2021 and is no longer accepting investments.

Reasons to Invest

#SinglePlatform event solution for virtual, in-person or hybrid events, benefitting organizers, attendees, and ancillary brands.
COVID-19 destroyed the event industry, Eventcombo is helping bring it back.
The estimated global market for events is $1+ trillion.

Overview


Events 3.0: Invest in the future of events

The future of events has changed forever, and Eventcombo leads the charge.

In 2017 our co-founders launched a solution for event creators and attendees that synthesized the fragmented event experience. Eventcombo is a new, evolved experience that brings together the entire event ecosystem, from ideation to attendance. Our powerful platform solves the frustration and provides access to the event ecosystem for the $2 trillion event industry (2026), revolutionizing the way we create and experience events.


Eventcombo is the all-in-one solution for attendees and organizers alike. Attend a conference, and book your rideshare, parking, hotels, and food - all in our unique platform. 


COVID-19 destroyed the event industry (source), Eventcombo is helping to bring it back. Post COVID-19, our platform enables virtual and hybrid events emphasizing the same excitement and communal experience.


In addition to having a state of the art virtual, in-person, and hybrid solution, Eventcombo also offers a hyperlocal approach, with its "in-home" experiences. Add local restaurant delivery or pick-up, wine, beer, coffee packages, merchandise, all being delivered so you can enjoy your events with a complete experience.

The Problem


Compromised customer data, revenue, and a demand for more valuable experiences

Based on our experience, many organizations create countless events on platforms where they hand over events and customer data to third parties. Organizations then direct all business to event platforms, and are left out of the very event economy they are responsible for creating in the first place. 


Meetings, events, and all associated expenses account for $325bn of direct organization spending (source). The event economy makes billions from events, but organizers see just a fraction of the revenue.

The attendee experience is fragmented. With most event platforms, attendees have to book tickets, Uber, Lyft, parking, lodging, airfare, food, and more on completely separate platforms. With a post COVID-19 world, virtual and hybrid events grow stale, missing a truly immersive experience. 


Selling and buying tickets is simply not enough for today and tomorrow's sophisticated event creators and attendees.

The Solution


The entire event ecosystem at your fingertips

Eventcombo provides a consolidated platform with the entire event ecosystem at your fingertips. We are transferring the value of data back to organizations, where it belongs.


Eventcombo empowers organizers to plan and market virtual events through COVID-19 restrictions and beyond into local in-person events. From bringing together hyperlocal restaurant food delivery/pick-up to integrated rideshares and hotels, Eventcombo is an all-in-one event solution.

Eventcombo makes virtual and in-person events communal and relationship-based. Our platform is the next generation of event technology, with a revolutionary approach to events and event marketing that drives engagement and increases conversion rates. 


Our platform brings endless integration capabilities along with the traditional customer relationship management, such as ticketing, donations, memberships, silent auctions, marketing, event websites, logistics, travel, hotel, transportation, hyperlocal experiences. and communications.  Eventcombo is the ultimate solution for organizations that want a robust scalable event software.

The Market


A snowballing demand for virtual events brings high market growth to existing large market

The event industry has not evolved in over 20 years, making it the perfect target for tech-based disruption. Eventcombo is uniquely positioned to capture significant market share as it includes virtual events and meeting platform, an in-person event platform, and a hybrid event platform. 

The global events market size was valued at $1 trillion in 2018 and is expected to grow at a compound annual growth rate of 10.3% to reach 2 Trillion by 2026 (source). The concert and event promotion industry in the U.S. is valued at $23 billion (source). Meetings and events account for $325 billion of direct spending (source).

By 2026, the global events market is set to increase to $2 Trillion due to a rise in the number of corporate events, growing prominence of social networking sites and digital marketing, increased need to improve competitive responsiveness, and a rise in information convergence (source).


Eventcombo's sheer momentum is supported by the large industry where multiple players are crawling over each other with identical solutions. Eventcombo has been able to distinguish itself as a different, fresh solution provider with unmatched offerings.


Collectively, Eventcombo is targeting a SOM within the approx. $2 Trillion event market size, plus access to a much larger ancillary revenue stream.


Eventcombo developed a solution that addresses all of these growing market points to break open a 20-year-old mindset. 

Our Traction


A proven, loved product built for momentum

We’ve serviced over 40,000 events to date with almost 7,500 organizations.  We partner, with strong global brands such as ParkWhiz, Uber, Lyft, and through Stay22, with Airbnb and Marriott to ensure full event coverage for our clients.

*We work with our partner, Stay22, for lodging that integrates directly with Airbnb and others. 


Since Eventcombo launched its baseline event management solution, we have experienced growth due to tailwind momentum.


We knew there was a demand for a new, evolved event experience.  We built our product to offer a disruptive, enhanced user engagement with a sophisticated UX/UI. As a result, we immediately achieved product-market fit. 

*Growth measured solely based on the number of customers  from June 2020 to Nov 2020


Our platform and capabilities rival those of 100+ million-dollar platforms such as Eventbrite, Cvent. 


Post Covid-19 (since July 2020), we've restored 100% of our revenue (crossing the 100K monthly mark) and are on track for stronger growth. Below are additional data points around our market adoption.

We live by metrics. Here are some key success points:

The above numbers demonstrate the strong foundation and operational excellence we have established. It is time to scale.

What We Do


The one-stop-shop event platform & our virtual solution, Fireworks

We know events, through and through. Eventcombo is an all-inclusive solution for events of all sizes. We go beyond just event registration and are a full-service event destination with quick and easy setup, ticketing mechanisms, the ability to integrate directly onto your website or host on ours, and social/digital media marketing through our platform.

video

Eventcombo is the only Event platform to provide a holistic ecosystem for events online, offering over 65 comprehensive features.

GIF

Introducing Fireworks

The Business Model


Several concurrent revenue streams from organizations to attendees

Our core revenue streams come from organizations that host events, merchants, and brands for ancillary revenue, and attendee fees. These revenue streams include pricing for SaaS, Per Event, Per Ticket and Per experience Add-On.


We offer free event services for free events. With events that require ticket purchases, we earn a revenue percentage of each ticket or bundle of tickets sold. Events that utilize our fully-integrated digital marketing platforms such as email and social media promotion, and partnerships with companies Uber & Lyft, we earn revenue through each additional service provided.

How We Are Different


The Eventcombo difference: enhancing the event experience for everyone

Unlike competitors in the virtual event space, we create an overall enhanced event experience for our users. Most platforms do not integrate email, digital, and web marketing seamlessly into their event systems. Our solutions offer support through every step of the way. 


We bring enhanced, smoother user experience to the event world. Our unique single-solution offering for in-person, virtual, and hybrid events brings the ancillary event industry online. We have a consolidated single transaction for the entire event ecosystem, from tickets and transportation to parking and lodging.

Our unique private label solution keeps critical customer data and branding safe, streamlining traffic to your page. Our Fireworks module creates an immersive, at-home event experience.


Our platform also integrates with Zoom, Facebook Live, YouTube, WebEx, and more, ensuring a smooth virtual event from ticketing to streaming. 

*We work with our partner, Stay22, for lodging that integrates directly with Airbnb and others. 

The Vision


Pioneering the future of events

Our goal is for Eventcombo to be the premier virtual, in-person and hybrid event platform with the most robust technology, providing the best possible event tech to brands and organizations worldwide. 


With significant event market demand, our application is set for rapid growth. As the entire event industry resets, for the first time in history, there is an opportunity for a number one platform to rise.


Because we are innovating in the early stages of the virtual and hybrid event market, we aim to become a dominant force in the events industry, offering a virtual gateway to the future of events.

OUR LEADERSHIP


The right team, the right idea, at the right time

Eventcombo is driven by an experienced and agile team. Our founding and core members have entrepreneurial backgrounds as well as top-down experience from some of the world’s most influential companies. 


Our CEO, Saroosh Gull has worked at Chase and Pfizer with over 20 years of experience in business development and events. Our VP of Business Development, Saily Joshi is an attorney turned entrepreneur, leading business development and operations with a corporate background in events. Our Head of UX, David Solodukho is an information architect, previously with American Express and Jet.com. Syed Ali, our CTO, is a full-stack engineer and infrastructure SME, working in the past with Gucci and L’Oreal. 


We’ve come together as the right team, with the right idea at the right time.


With combined experience in tech development as well as in running a global business, Eventcombo is led by a versatile force, positioning our company for great accomplishments.


Why Invest


Investing in the future of event technology

With rapid growth to virtual events in this current climate and an uprising new market for hybrid events, Eventcombo plans to lead.


Investing in Eventcombo invests in:

  • A strong, experienced team with deep knowledge of technology, operations, events, business development, competitiveness, and scaling large enterprises

  • Powerful, full product with traction backed by market validation

  • Generating revenue with a proven formula for growth

  • Compelling client-ambassadors (source)

  • Demonstrated agility with quick thinking proactive approach to market conditions, as proven by a strong launch into virtual events

  • Alternative, superior platform advantage

With a growing and satisfied client base, boasting 40,000 events already hosted, our company continues to grow as we provide tools for all events and is now positioned for market leadership. 


Our unique, winning approach to an industry hungry for our solution makes for a great investment opportunity. Invest in Eventcombo, and be a part of the journey to disrupt an entire industry.

In the Press

The Tech Tribute
October 1, 2020

Taking Virtual Events Into the Future With Fireworks: Saroosh Gull of Eventcombo thetechtribune.com/taking-virtual-events-into-the-future-with-fireworks-saroosh-gull-of-eventcombo/

Why Every Tech Investor on the Planet Wants to Invest in Virtual Events
October 1, 2020

The opportunity for investing in virtual events is discussed in this article from Skift. skift.com/2020/10/18/why-every-tech-investor-on-the-planet-wants-to-invest-in-virtual-events/amp/

TheTechTribute
October 1, 2020

thetechtribune.com/4-best-tech-startups-in-jersey-city/

startup.info
January 1, 1970

Eventcombo: Post-Covid Bubble Proof Event Platform

Offering Summary


Company

:

Eventcombo, Inc.

Corporate Address

:

121 Newark Avenue 5th Floor, Jersey City, NJ 07302

Offering Minimum

:

$9,998.94

Offering Maximum

:

$1,069,999.44

Minimum Investment Amount

(per investor)

:

$100.32











Terms


Offering Type

:

Equity

Security Name

:

Series Seed-1 Preferred Stock

Minimum Number of Shares Offered

:

8,771

Maximum Number of Shares Offered

:

938,596

Price per Share

:

$1.14

Pre-Money Valuation

:

$25,123,163.82











COVID Relief

This offering is being conducted on an expedited basis due to circumstances relating to COVID-19 and pursuant to the SEC’s temporary regulatory COVID-19 relief set out in Regulation Crowdfunding §227.201(z).

Expedited closing sooner than 21 days

In reliance on Regulation Crowdfunding §227.303(g)(2) A funding portal that is an intermediary in a transaction involving the offer or sale of securities initiated between May 4, 2020, and February 28, 2021, in reliance on section 4(a)(6) of the Securities Act (15 U.S.C. 77d(a)(6)) by an issuer that is conducting an offering on an expedited basis due to circumstances relating to COVID-19 shall not be required to comply with the requirement in paragraph (e)(3)(i) of this section that a funding portal shall not direct transmission of funds earlier than 21 days after the date on which the intermediary makes publicly available on its platform the information required to be provided by the issuer under §§227.201 and 227.203(a).

 

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks**

Early Bird

Friends and Family - Day 5 to day 10 | 15% bonus shares

Super Early Bird - Day 10 to day 14 | 10% bonus

Early Bird Bonus - Day 14 to day 21 | 5% bonus shares

Volume

Tier 1 perk ($500+) - 2 Free Tickets per month for one year to an event of your choice ($100 ticket cap total)*  

Tier 2 perk ($1000+) - 4 Free Tickets per month for one year to an event of their choice ($100 ticket cap total)*

Tier 3 perk ($5,000+) - 4 Free Tickets per month for one year to an event of their choice ($200 ticket cap per ticket)*

Tier 4 perk ($10,000+) - 5% bonus shares + host a single 6 Hour Virtual Event at no cost with a 1000 attendee limit. Plus 4 Free Tickets per month for one year to an event of their choice ($100 ticket cap total)*

Tier 5 perk ($25,000+) - Perk 4 + 10% bonus shares

Tier 6 perk ($50,000+) - Perk 4 + 15% bonus shares

*All tickets are transferable but cannot be carried over to the following year.

**All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Eventcombo, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Series Seed-1 Preferred Stock at $1.04/share, you will receive 110 Preferred Stock, meaning you'll own 110 shares for $1040. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investor eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

The Company will not incur any irregular use of proceeds.


Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$47,112.96 USD
$102,269.43 USD
Cash And Cash Equivalents
$47,113.00 USD
$47,315.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$15,732.00 USD
$32,394.00 USD
Long Term Debt
$0.00 USD
$1,208,464.00 USD
Revenues And Sales
$818,795.00 USD
$767,675.00 USD
Costs Of Goods Sold
$773,213.00 USD
$692,640.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
$155,673.00 USD
-$223,031.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Notice of Funds Disbursement

23 days ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Eventcombo has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Eventcombo be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Show More Updates End of Updates

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