An engagement platform for virtual and in-person events, Grip, has announced $13 million (USD) in series A funding, taking its total amount raised to $14.5 million.
The round, led by London-based growth equity fund Kennet Partners, will further enable Grip to provide industry-leading experiences both in-person and virtually.
Founded in 2016, Grip says it has transformed the way professionals network at industry events, working with the majority of the world’s largest event organisers including Reed Exhibitions, Messe Frankfurt, VentureBeat, and TechCrunch.
Tim Groot, CEO and founder of Grip, comments: “Our mission is to empower organisers to bring professionals together to advance industries. This funding round is going to enable us to take the experience to a new level, leveraging our extensive industry-leading platform, offering unique value for Virtual, Hybrid and In-Person events.”
“I’m humbled and thankful to our clients for trusting us and working with us to achieve this milestone. We’ve raised the round for them, to make our platform better. We’re going to invest heavily in our product and global expansion to support organisers across the world in the continued digitization of their business and empower them to succeed in this new reality.
“Now, more than ever, we must do everything possible to help professionals connect in useful and meaningful ways.”