Weezevent secures strategic fundraising for new acquisitions

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Leading European event tech company, Weezevent, is thrilled to announce a strategic fundraising milestone, designed for the pursuit of new acquisitions, further solidifying its influence in the UK, Spanish, and German markets.

In partnership with Naxicap Partners and Banque Populaire, Weezevent underscores its continued commitment to international growth and event industry evolution. Standing on solid financial ground, the company has clarified that these funds are dedicated to strategic acquisitions, while excluding regular operational costs.

Founded in 2008, the French-origin company has been a pioneer in the event technology sector, revolutionising how event organisers operate. Serving over 300,000 event professionals, Weezevent offers a comprehensive 360 solution including ticketing, access control, payment systems, CRM, and 3D seat modelling – a testament to their unparalleled expertise.

With user-centric, innovative white-label tools known for reliability, security, and adaptability, Weezevent has solidified its global presence, highlighted by the acquisition of Belgian counterpart, Playpass, in 2020. Today, the firm extends its influence across 30 countries, supported by a team of 150 spread across pivotal global offices, including London.

Collaborations with renowned festivals like Lollapalooza (Berlin, Chile, Paris, etc.) and Hellfest, international competitions like the Mexico City Grand Prix and Rugby World Cup, along with iconic clubs like PSG, emphasise Weezevent’s prominent industry standing. Every year, the company processes over 20 million tickets and supervises transactions worth £550 million for 21 million spectators.

Speaking on this fundraising venture, co-founders Pierre-Henri Deballon and Sébastien Tonglet remarked, “This move is much more than just fundraising. It’s about our future, our vision. We are poised to enhance our global reach and further our leadership in the event tech domain. The horizon is clear, and Weezevent is on the move. Stay tuned!”

Adam Parry
Author: Adam Parry

Adam is the co-founder and editor of www.eventindustrynews.com Adam, a technology evangelist also organises Event Tech Live, Europe’s only show dedicated to event technology and the Event Technology Awards. Both events take place in November, London.

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