series-b

We’ve raised $35 Million to build the most immersive event-led engagement platform – a big thanks to all our customers & partners!

Lalit Mangal
• February 4, 2022

1200 words

(3 min read)

🍾 We’re cracking open our bottle of virtual champagne and we just can’t keep calm!

I am super-excited to announce that we have raised $35M in Series B funding to build on our vision of creating the most immersive event-led engagement platform. 🥂

This marks another milestone for our team at Airmeet as we scale our product offerings, customers and team globally. We are on the path to build Airmeet into your go-to audience engagement platform to help businesses, agencies & associations create immersive events & webinars for brand, content & pipeline acceleration. 

But before anything else, I want to thank you, the Airmeet community, for the continued trust and support you have shown us over the last couple of years. And the Airmeet team for being incredibly customer obsessed while building & growing the platform. You are all an integral part of Airmeet’s growth and journey..

Ashutosh Sharma,
Ashutosh Sharma,Head of Investments, India, Prosus Ventures
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“The pandemic has brought in a marked shift in the way we work, the way we interact with customers, employees, and other stakeholders. This shift has further accelerated the adoption of agile and virtual solutions to cater to business needs. We are excited to partner with Airmeet as they support the transformation and evolution of the enterprise SAAS marketing space and deliver an outstanding audience experience through a uniquely customer-centric approach.”
Sumit Jain,
Sumit Jain,Senior Partner at Sistema Asia Fund
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“The global market for virtual events has grown to become a $110B opportunity aided by the new realities of work, networking, and marketing. Airmeet with their acclaimed superior product delivering a near offline-equivalent conference experience is placed well to tap into this major paradigm shift in the global conferencing market.”
Abhishek Mohan,
Abhishek Mohan,Principal, Sequoia India
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"This pandemic has shifted the way companies engage with various stakeholders (customers, employees, etc.) to digital given the efficiency and immersive experience associated with it. Airmeet is at the forefront of this transformation. We've been a partner to Airmeet for 18+ months now and are impressed with the team's product focus, relentless execution, and the immense customer love for the product. We look forward to many more years of compounding growth at Airmeet."
Masahito Okuma,
Masahito Okuma, Representative Director of DG Daiwa Ventures
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“The working style has dramatically shifted to online over regions. Airmeet provides an innovative platform that benefits both online and offline conference features. As the platform can deliver convenient and engaging full-stack customer experiences, we believe in the potential for further market expansion. We are honored to partner with Airmeet teams on its remarkable journey and excited to tackle the Japanese market together.”
Kira Makagon,
Kira Makagon,Chief Innovation Officer of RingCentral
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"The ongoing shift to remote and hybrid working has accelerated demand for virtual engagement software. We’re proud to be an investor in Airmeet, which has seen tremendous growth since it launched in 2019. The Airmeet team has built a world-class solution that aligns with RingCentral Ventures’ mission to support breakthrough innovation in the communications and collaboration space."
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Since we started in 2019, Airmeet has enabled over 120,000+ event organizers to stream 150 million minutes of event video airtime to audiences around the globe. We achieved this massive growth almost entirely through organic word of mouth from our user community. The organic reach and community support helped us scale our ARR 24x since our Series A investment and we’re now growing at 30% MoM.

Over 5500+ brands like Fifth Element Group, BMF Media, Unifrog Education, NPower Inc, University College London, Rotman School of Management, Zircom (Shell Oil), Viacom CBS, Texas Tech University Health Sciences Center, Minnesota State University, Mankato, and First3Years, use Airmeet to host events, across the globe every month.

Since our Series A funding, we’ve introduced two new product formats – ‘Conference’ and ‘Social Webinar’ – to enable businesses, agencies and associations drive meaningful conversations with their audience through rich, engaging, and immersive event experiences. We also support the ability for your events to scale up to 100,000 participants & host multi-format events such as webinars, hybrid conferences, trade shows, workshops.

When Vinay, Manoj, and I started Airmeet, we wanted to introduce a new way for people to build connections and communities. That will always remain the core of Airmeet, we will continue to build a platform that will bring together people on a virtual space in a meaningful way.

We will be channeling the additional funds towards expanding our footprints in the global market, investing heavily in product R&D, and scaling our GTM function. On that note we are hiring for multiple roles for our remote-first team; you can check out the open positions here.

For those of you who’ve been with us on this journey do join Airmeet’s community of #EventProfs & #Marketers on Slack, if you haven’t already. You can also apply for our revenue partner program.  

And, I say it again, while we did have a lot of fun these last two years we couldn’t have done this without YOU! So here’s us doing a happy little dance!

If you haven’t yet tried Airmeet, Sign up for free or Request a demo.

Guns blazing, from all of us at Airmeet, here’s to an AMAZING 2022! 🍻

Thank you & Godspeed
Lalit Mangal  (CEO & Co-founder)
Airmeet

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Kristian Pesti
Kristian Pesti
11 months ago

Amazing! Congratulations! I just can’t wait for my next event because Airmeet makes it so close to being a real life conference. Of course it can’t be the same, but at the same time, there are things that makes part of it even greater than live conferences. I mean, hosting a small 200-500 person conference in pesky little Finland and we have the greatest name in the niche coming to speak for us! All speakers, sponsors and attendees absolutely loved the event because of Airmeet. There were few suggestions given by sponsors and us to make it even better and… Read more »

Aditi Biswas
Editor
Aditi Biswas
11 months ago
Reply to  Kristian Pesti

Thank you Kristian! 🍾

Mark
Mark
11 months ago

Way to go Airmeet Team!

Aditi Biswas
Editor
Aditi Biswas
11 months ago
Reply to  Mark

Thank you Mark! 🍾

Laura Gil
Laura Gil
11 months ago

Congratulations! You are awesome

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