Today, we have some exciting news to share — we’ve raised $13.35 million in our Series A round!
Alpha Wave Incubation led our Series A round with participation from Qualcomm Ventures, GrowX Ventures, Waveform Ventures. We’re thrilled to work with investors that believe in our long-term vision of the future of enterprise events and I wanted to take a moment to celebrate this milestone and share my thoughts on Zuddl’s journey and our plans for the future.
When Vedha and I first talked about the idea of Zuddl, we could not have imagined that mere months later COVID-19 would propel us on a dizzying journey to turn that idea into reality. We started Zuddl in May 2020 and spent the next couple of months in the YC summer batch racing to launch our MVP. Since then, we’ve been working hard to improve our product, grow our team and get Zuddl in front of as many potential customers as possible, growing 30x in the process.
In the last 18 months, we have launched a lot of features and improvements to enable organizations to run awe-inspiring events all the while putting their brand front and center. Event organizers have built digital replicas of their physical office spaces, recreated their favorite venues, and built completely themed event spaces.
All of these lead back to one theme: organizers are ready to embrace the world of hybrid and virtual events. What started out as a begrudging exercise forced on organizations by the pandemic has unlocked a host of new possibilities that organizers are embracing. For the first time ever, it is the norm that access to events is not dictated by where you are. Going back to our favorite analogy, imagine being unable to watch a football game because you can’t attend in person. Wild, right? For a long time, that was an accepted reality for business events. Expectations have shifted now and we are excited to empower organizations to embrace that change.
More than anything else though, I am so humbled by the team of A+ players that have pushed us forward on this incredible journey. The Zuddl family has grown significantly in the last year. We have grown from a team of 7 to over 75+ across the globe working together to empower organizations to deliver remarkable live experiences.
The Road Ahead
With this new funding, we’re excited to continue to empower organizations to build remarkable live events. More and more, teams tell us that they are feeling the fatigue of boring virtual meets and are struggling to keep their attendees engaged. Zuddl enables organizers to bring the energy back to their live events with a backstage studio that delivers high-quality production and drag and drop widgets that stay true to their brand.
Our vision is to be the one platform for all enterprise events, whether that’s internal or external, hybrid or virtual. This new round of funding will enable us to continue building on the foundation we have built so far and help us achieve our next few goals:
1. Double down on product
Organizations have just dipped their toes into the possibilities of hybrid and virtual events. That’s why we’re committed to building the best enterprise event platform - more interactive, powerful and integrated into the other tools you use.
We are investing in data and integrations to enable data-driven post event decisions. We are revamping the organizer event setup experience to be simpler and more intuitive. We are doubling down on our feature set for hybrid to really break the barriers between virtual and in-person attendees. We are launching new product lines.
2. Scale our team globally
Zuddl started after the pandemic and we’re proud to have built a talented remote-first team. With this funding, we’re thrilled to be able to continue to grow the team and have more people join us on this journey.
We are also opening a new office in Abu Dhabi this month. This will be our headquarters for EMEA region sales and support and will also allow us to tap into a larger market of engineering talent. You can view our open positions here.
3. Accelerate our growth
We’ve been so fortunate in the last 18 months to work with customers like Kellogg’s, Dick’s Sporting Goods, Microsoft, NASSCOM and over 15 Fortune 500 companies. We know that this is just the beginning and we have so much more work to do. We want every large organization and every large event to be powered by Zuddl. We’re beyond thrilled to enter this new phase of growth and take a step closer to that goal.
To all Zuddlers, thank you for everything you do. I couldn’t have imagined a better bunch of people to embark on this journey with. I learn from you all every day. To our customers, thank you for the trust and faith you have placed in me and in Zuddl. We at Zuddl, remain committed to your success.
Co-founder & CEO, Zuddl