Eventcombo, Inc

The Event-as-a-Service Platform

Eventcombo, Inc

The Event-as-a-Service Platform

Jersey City, NJ
Advertising and Marketing
Business to Business
Eventcombo has built a 5-star rated platform to solve the before, during and after of the event journey with its future generation event technology for Virtual, In-Person, or Hybrid events. Eventcombo goes beyond the commoditized event registration, enabling end-to-end capabilities with a scalable “Event as a Service” (EaaS) solution for Startups to Fortune 500 companies. Eventcombo is a complete product with a proven team from JP Morgan Chase, Pfizer.

$13,669

raised
19
Investors
$27.3M
Valuation
$1.14
Price per Share
$249.66
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$484K
Offering Max
20
Days Left

$13,669

raised
19
Investors
$27.3M
Valuation
$1.14
Price per Share
$249.66
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$484K
Offering Max
20
Days Left

Rewards

Get rewarded for investing more into Eventcombo, Inc:

$249+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+
Investment
Tier 1 perk
($500+) - 2 Free Tickets per month for one year to an event of your choice ($100 ticket cap total)*
$1,000+
Investment
Tier 2 perk
($1000+) - 4 Free Tickets per month for one year to an event of their choice ($100 ticket cap total)*
$5,000+
Investment
Tier 3 perk
($5,000+) - 4 Free Tickets per month for one year to an event of their choice ($200 ticket cap per ticket)*
$10,000+
Investment
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)*
$25,000+
Investment
Tier 5 perk
($25,000+) - Perk 4 + 10% bonus shares
$50,000+
Investment
Tier 6 perk
($50,000+) - Perk 4 + 15% bonus shares

Reasons to Invest

Eventcombo is one of the first of its kind “Event-as-a-Service” (EaaS) disruptive event platform going beyond today’s typical commoditized event tech
Our platform is one of the only platforms to solve the biggest, most obvious problem facing the event industry: “What happens after your event is over?” 100% of engagement drops. Eventcombo has developed a solution to change this and more
Eventcombo’s post funding goal is to sell 750 subscriptions into the University, Enterprise and SMB markets, which has the potential to provide a total revenue of $11M



Overview


Invest in Event Tech built for the future of work, learning and connecting 

There has been a behavioral shift due to the industry reset and the future of events has changed forever, with Eventcombo leading the charge. 


Our team has built a solution for companies to solve their fragmented event problem by offering a one-stop-shop platform that provides a seamless way to manage events from beginning, during and after-event. Eventcombo is an evolved experience that brings together over 150 features under a single consolidated technology for the entire event journey. Our powerful platform solves the frustration of using multiple tools by offering everything under a single umbrella for the $1.5 Trillion event industry (2028), revolutionizing the way events are created and experienced. 


Eventcombo is the all-in-one solution for organizations before, during and after the event: Offering rideshare, parking, hotels, and food before the event, complete end to end event management during the event, and a community for attendees, members and employees to connect after the event - ALL in a single place. 


With the industry reset (source), Eventcombo is uniquely positioned to become a “top of mind” player due to timing and market size. 

The Problem


Disjointed experience, complicated by multiple tools; demand for more synchronized solution

Organizations are seeking a platform that offers a complete solution for their entire event servicing. Currently, businesses are using multiple tools to manage their events, which include Zoom for streaming, Eventbrite for registration and other 3rd party platforms for attendee management. This creates additional complexity and dependencies for an already fragmented, stressful experience. 

 

Events and meetings account for $325B of direct organization spending (source) and there are several breaches in the journey.  

An organization’s experience we believe is fragmented and needlessly complicated. Managing multiple accounts, paying multiple platforms and manually communicating with attendees all on separate platforms. With attendees, employees and members geographically distributed, the problem is now compounded, preventing an organization from offering a truly immersive experience.  

 

We believe the old ways of managing events are not enough for today and tomorrow's sophisticated, demanding users. 

The Solution


The entire event journey at your fingertips with a seamless, single tool 

Eventcombo provides a consolidated platform with entire event servicing at your fingertips.  



Eventcombo empowers organizers with an all-encompassing tool under a single dashboard to plan, execute and monitor in-person, virtual and hybrid events with countless capabilities as an all-in-one event solution.



As a result of our proven product and identifying untapped opportunities (i.e., What happens after your event is over?), our platform is the next generation of event technology, with a revolutionary approach to event management, which drives engagement and increases conversion and retention rates.  


Eventcombo brings endless new integration capabilities along with traditional event management, such as ticketing, donations, memberships, silent auctions, marketing, event websites and communications. Eventcombo is the ultimate solution for organizations that want a single robust scalable event software for before, during and after their event. 

The Market


Snowballing demand for events brings high market growth to 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 a single, innovative platform for housing the before, during and after solution for in-person, virtual and hybrid events. 


The global events market size was valued at $1.1 Trillion in 2019 and is expected to grow at a compound annual growth rate of 11.25% to reach $1.5 Trillion by 2028 (source). The concert and event promotion industry in the U.S. is valued at $17.1 billion (source). Meetings and events account for $325 billion of direct spending (source). 


By 2028, the global events market is set to increase to $1.5 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. $1.5 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 based on new behavorial-driven demand.  

Our Traction


A proven, loved product built for scale

To date, we’ve serviced over 40,000 events with 7,500 organizations. We partner with established brands. 




Since Eventcombo launched its baseline event management solution, we have experienced growth due to an organic driven 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 sales during March, April, May, June of 2020 compared with March, April, May, June of 2021 


Our platform and capabilities exceed 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. We’ve signed on some keystone clients such as Toyota and Kennesaw State University. Below are additional data points around our market adoption. 


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


An Event-as-a-Service (EaaS) one-stop-shop for the before, during and after in-person, virtual, and hybrid events 

Eventcombo is an all-inclusive Event-as-a-Service (EaaS) 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 a key offering with a cutting edge post-event Community™. 



With Eventcombo’s complete product, including our own state-of-the-art virtual streaming Fireworks™ product, organizations don’t need a 2nd tool as we provide a robust set of features for end-to-end event servicing, now offering over 150 comprehensive features. 

GIF

Introducing Fireworks



Introducing Community



The Business Model


SaaS recurring revenue combined with transaction fees


Today, our primary revenue stream comes from organizations that host events on a regular basis and the fees attendees pay per ticket. These revenue streams include pricing for SaaS, Per Event, Per Ticket and any Per experience Add-Ons, if applicable. 


Events that utilize our fully-integrated Event-as-a-Service (EaaS) platform for complete event management, communications, customization, Community, virtual or in-person, pay a licensing fee. With events that require ticket purchases, we earn a revenue percentage of each ticket or bundle sold.  


How We Are Different


The Eventcombo difference: Introducing the Event-as-a-Service (EaaS) Model 

Unlike competitors in the event space, who either have out-dated technology, or newer platforms, who have fragmented features, we offer a complete integrated event experience under a single dashboard for the entire event lifecycle (before, during and after). Due to our foundation, we’ve created a consolidated, seamless experience for any type of event in a single interface. An à la carte menu for event features. 


We bring an enhanced, sleek user experience to the new event world. Our unique single-solution offering for in-person, virtual, and hybrid events brings the entire event industry online.  



Our unique single platform solution keeps businesses focused on quality rather than labor-intensive tool management across multiple solutions.  


Simply stated, there is no Event Tech platform that houses the same features we house under the same umbrella, offering every technology feature available under the category of events. 


The Vision


Pioneering the future of events with many “firsts”

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 to manage their complete event lifecycle.  


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


Because we have innovated in the early stages of the virtual and hybrid event market, we aim to become a dominant force in the event industry, offering a consolidated gateway to the future of work, learning and connecting. 

OUR LEADERSHIP


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

Eventcombo is driven by an experienced, 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 Head of Technology, 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 work, learning and connecting 

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


Investing in Eventcombo invests in: 


  • A strong, proven 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 
  • Eventcombo is the first of its kind “Event-as-a-Service” (EaaS) disruptive event platform going beyond the typical commoditized event tech, which exists today 
  • Compelling client-ambassadors (source
  • Demonstrated agility with quick, proactive approach to market conditions, as proven by strong product launches (Fireworks) 
  • Solving the completely untapped “What happens after your event? problem 
  • Alternative, superior platform advantage 
  • Eventcombo’s post funding goal is to sell 750 subscriptions into the University, Enterprise and SMB markets, which has the potential to provide a total revenue of $11M


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

 

At Eventcombo we have a unique, winning approach to an industry hungry for our solution. Invest in Eventcombo, and be a part of the journey to disrupt an entire industry.

Quick Insert

In the Press

The Tech Tribute

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/

TheTechTribute

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

startup.info

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

:

$484,412.13

Minimum Investment Amount

(per investor)

:

$249.69











Terms


Offering Type

:

Equity

Security Name

:

Series Seed-1 Preferred Stock

Minimum Number of Shares Offered

:

8,771

Maximum Number of Shares Offered

:

424,923

Price per Share

:

$1.14

Pre-Money Valuation

:

$27,255,509.88











*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 $1.23/share, you will receive and 110 shares for $123. 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.

Irregular Use of Proceeds

Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$269,262.00 USD
$47,113.00 USD
Cash And Cash Equivalents
$269,262.00 USD
$47,113.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$12,386.00 USD
$15,732.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$967,830.00 USD
$818,795.00 USD
Costs Of Goods Sold
$891,203.00 USD
$773,213.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$149,454.00 USD
$155,673.00 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 Material Change in Offering

about 1 month ago

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

Hello! Recently, a change was made to the Eventcombo, Inc offering. Here's an excerpt describing the specifics of the change:


Eventcombo, Inc has extended their campaign to December 23rd, 2021.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Eventcombo's TouchNet Partnership!

about 1 month ago

Team,


Here are some links to check out the platform in action:

Kennesaw State University BAP Career Fair on Fireworks 

Private Label Registration

Eventcombo Customized Registration Page


Meanwhile, please allow me to share our partnership with TouchNet, which is a payment gateway company. TouchNet has a large share of Universities/Higher education institutions in the US and here’s some history/context on them:

https://www.touchnet.com/en/solutions/payment-solutions/marketplace

https://discovery.hgdata.com/product/touchnet

https://www.digitaltransactions.net/big-man-on-campus-heartland-pays-375-million-for-higher-education-payments-company-touchnet/


 This partnership gives access to a highly coveted client-base for mutual value. 


Keep an eye on this space!

Employee Engagement Virtually - The Future of Work

about 1 month ago

Hi Team!

Check out some of our employees enjoying a virtual get together on Fireworks. We played games, gave away prizes and acknowledged some of our excellent colleagues.

It's a 55 second video whenever you get a chance: https://www.youtube.com/watch?v=RKineUHZUs8

This is an example of the types of events clients are hosting on the platform.

Meanwhile, our webinar "Meet the CEO" is coming soon, please keep an eye on this space. 

A Live Customer Testimonial

about 2 months ago

Team,


We hosted the below event since KSU is a reoccurring SaaS contract in the University space and validates our identification of the market (problem) opportunity and product-fit. You can catch the recording here: https://www.youtube.com/watch?v=FnCKIgn0onw and hear directly from what the client has to say about their pain points and how Eventcombo solved them.



An updated campaign + more

about 2 months ago

Hello Partners and Friends,

I wanted to say hello and request you all to check out our recent campaign update. We've packed a great deal of additional content on the disruptive, unique business model and opportunity. You will find a pretty aggressive stance in the market with our Event-as-a-Service approach. Needless to say, we've been busy, focused on growth and innovation. 

I will be on a webinar to discuss Eventcombo and how we've enabled success through our contrarian lens.

Meanwhile, please keep an eye on this space for more updates. Until then, check out Fireworks in action for KSU's Career Fair with partners like KPMG, Koch, etc.: https://www.youtube.com/watch?v=_zNZ_25jvlE

See you soon!

Some coverage and a quick pitch

4 months ago

As we are growing out of our seams, here are two new communications:

A quick pitch: https://www.youtube.com/watch?v=E6dR4iz_O5g

An in-depth overview of the problem with 3rd party platforms and our take: https://helloendless.com/third-party-event-platforms/

Enjoy! 

New Pages and Event

4 months ago

Team,

We've just launched our new UX. Do visit our new landing and experience.

Meanwhile, please join us today for Wellness Works @ Eventcombo with some notable speakers: https://www.eventcombo.com/e/wellness-works-on-fireworks-43261




Check out Fireworks in action!

4 months ago

Take a look at some of the high level capabilities of Fireworks, our virtual streaming solution. Find out why clients prefer this experience over Zoom and others.

https://www.youtube.com/watch?v=vJJuIAx4st0

https://www.youtube.com/watch?v=5AqWxOwIZbI

https://www.youtube.com/watch?v=fftF35X9MrU

https://www.youtube.com/watch?v=hNeJTmcwN4Y

https://www.youtube.com/watch?v=PO82aQ5-ypU

https://www.youtube.com/watch?v=HlhVoBw4Hmk&t=314s

https://www.youtube.com/watch?v=pUajAMq8LJU

https://www.youtube.com/watch?v=eyK5uQddGvI&t=1170s

https://www.youtube.com/watch?v=DGJqxkjlVvQ&t=1504s

https://www.youtube.com/watch?v=58rk25aMZLs&t=16s

Growth is nice...

5 months ago

Super excited to share, YTD, our average growth has been 265% (collectively for Mar/Apr/May/Jun compared with 2020). The bounceback of events is happening. 

Hot off the presses!

5 months ago

Here's an interview with Founder, Saroosh Gull, by Kingscrowd, the largest independent analytical platform for crowdfunding:

https://www.eventcombo.com/a/832/eventcombo-founder-saroosh-gull-discusses-the-future-of-even

The Comeback on Fireworks, our Live Streaming Virtual Platform!

5 months ago

Team,

We hope you got to experience Day 1 of https://eventicon2021.eventcombo.com/ yesterday. If not, please join us today and explore the amazing platform and wonderful speakers on Fireworks as we launch Day 2! 

Yesterday, we had the following amazing speakers:

  • Keneisha Williams, Founder, Black Events Network
  • Briana Snellgrove, CEO, Social ICON
  • Samiran Ghosh, Forbes Tech Council
  • Shannon Sprau, Chief Event Officer, Meridian 360
  • Todd Embley, Senior Startup Advocate, Agora
  • Luke Tobin, CEO, Digital Ethos
  • Tim Hughes, CEO, DLA Ignite
  • Ella Glasgow, CEO Beyond Virtual Events
  • Ethan Berg, CEO, Agora World
  • Megan Ihnen, Mezzo-Soprano, Creative Placemaking Specialist

Day 2 Speakers include:

  • Sarah Christl, Head of Marketing, Endless Events
  • Jerod Venema, CEO, Liveswitch
  • Jay Powell, CEO, Powell Group
  • Renji Bijoy, CEO, Immersed
  • Sonia Nagpal, CEO, DissDash
  • Annette Naif, CEO, Naif Productions
  • Liron David, CEO, Eventique
  • Ashton Pike, Editorial Director, BizzBash
  • Kim Kleeman, CEO, Inner Circle
  • Jason Levasseur, Creative Director, Rock Star Project
  • Jason Peskin, VP Events & Corporate Development, Informa Markets Fashion
  • Matthew Griffin, Founder, 311 Institute & World Futures Forum
  • Lorne Svarc, CEO, Technodramatists

See you all there!

Eventicon 2021 and CEO Meet and Greet

6 months ago

Hello Partners!

We have a couple of updates for you today:

1. We are hosting our industry event, Eventicon 2021 - The Comeback https://eventicon2021.eventcombo.com/ Do check it out!

2. In a couple of weeks, we will be hosting a meet and greet with CEO Saroosh Gull as he will be available to answer any questions and share updates. Please look out for the public invite.



Event Growth Update

6 months ago

Dear Partners,

We wanted to share exciting news. May 2021 vs May 2020 demonstrated 300% growth in revenue. Events are back! Here we go.


Welcome to our StartEngine Campaign!

6 months ago

With great excitement, I'd like to welcome you all to our new StartEngine campaign. 

I'd like to start by sharing the wonderful news that our YTD revenue is approx. 35% higher today than compared to same time last year.

As we've all recognized, the demand for events is growing as vaccinations are rolled out and states are getting back to business. 

We look forward to having you all on board! 

Please watch this space for updates.

Show More Updates End of Updates

Comments ({{profileCtrl.startup.comments_count}} total)

{{profileCtrl.newComment.body.length}}/2500
Please sign in to post a comment.
Please use Updates for communications.
{{ profileCtrl.commentsLoading ? 'Loading...' : 'Show More Comments' }}