MeetingPackage, an Espoo, Finland-based all-in-one sales automation software specializing in venue and group bookings, secured $4.6 million in Series A funding.
SaaS Investors
The round was led by Scale Capital.
Scale Capital is an early-stage venture fund investing in digitization and disruptive technologies within business-to-business. It primarily invests in companies in the Nordic region that have the potential and ambition to win in the US market. The firm is based in Copenhagen with a presence in the Nordic countries and Silicon Valley.
MeetingPackage Use of Funds
MeetingPackage plans to expand its presence and operations within Europe, enter the North American market, and improve and expand its product suite.
About MeetingPackage
MeetingPackage is a software company that allows hotels and event venues to sell, operate, and manage their meetings and events spaces. It integrates with venues’ existing property management, sales and catering, and back-office solutions while delivering products to all customer-facing channels. The company's products include venue and sales management software, an online booking engine and a meetings and events-specific channel manager. Its self-service software is ready for use in minutes and features twelve different language versions.
Funding Details
Company: Cocouz Ltd.
Raised: $4.6M
Round: Series A
Funding Month: October 2023
Lead Investors: Scale Capital
Additional Investors:
Company Website: https://meetingpackage.com/
Software Category: Groups and Meeting Sales Solution
Source: https://meetingpackage.com/blog/press-release-meetingpackage-raises-4.6-million-in-series-a-funding-to-boost-european-growth-and-forge-into-the-north-american-market