Event Intel Platform Vendelux Raises $14m

In NYC, AI-powered event intelligence platform Vendelux has raised $14m in a Series A round of funding, which it will use to expand its geographic footprint, product development and customer segments, and more than double its team by the end of 2024 - including building out a London team.

Vendelux is designed for event marketers and event organizers, boasting more than 160,000 global B2B events, and providing users with data-driven insights and predictive modeling. The platform enables users to analyze customer and competitor behavior, to make informed decisions about which events to attend or sponsor.

Alex Reynolds (pictured), CEO and co-founder of Vendelux, comments: 'Year after year, we saw firsthand the challenges of evaluating which events were worthwhile to attend or invest in. We built Vendelux to solve those very challenges. Vendelux delivers the ability to both plan for and measure ROI so that, organization-wide, companies have an understanding of the truly massive impact events have on their business'.

Web site: www.vendelux.com .