Financials

Estimates*

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Revenues, earnings & profits over time
USD20182019202020212022
Revenues480m568m499m519m631m
% growth-18 %(12 %)4 %22 %
EBITDA76.7m79.2m97.8m82.7m51.1m
% EBITDA margin16 %14 %20 %16 %8 %
Profit(54.0m)(91.8m)(83.7m)(86.1m)(100m)
% profit margin(11 %)(16 %)(17 %)(17 %)(16 %)
R&D budget78.4m96.0m87.9m96.6m131m
R&D % of revenue16 %17 %18 %19 %21 %

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

N/A

Seed

N/A

Early VC

$10.0m

Early VC

$136m

Early VC
N/A

$910k

Early VC
N/A

$118m

Valuation: $812m

IPO

$1.7b

Valuation: $1.7b

Buyout

N/A

Convertible
*

$240m

SPAC IPO
*

$4.6b

Valuation: $4.6b

7.3x EV/LTM Revenues

90.0x EV/LTM EBITDA

Buyout
*

N/A

Growth Equity VC
Total FundingAUD227m

Recent News about Cvent

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More about Cventinfo icon
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Cvent, accessible at cvent.com, is a leading technology provider specializing in event management solutions. The company operates in the event planning and hospitality markets, offering a comprehensive suite of tools designed to streamline the planning, execution, and analysis of events. Cvent serves a diverse clientele, including corporate event planners, hotels, venues, and event management agencies.

The core of Cvent's business model revolves around its software-as-a-service (SaaS) platform, which provides a range of services such as event registration, venue sourcing, event marketing, and attendee engagement. By automating many of the manual processes involved in event planning, Cvent helps its clients save time and reduce costs. The platform also offers analytics and reporting features, enabling clients to measure the success of their events and make data-driven decisions.

Cvent makes money primarily through subscription fees for its software platform. Clients pay for access to various tools and features, often on an annual basis. Additionally, Cvent generates revenue from transaction fees, particularly when clients use its platform to book venues or manage event-related transactions. The company also offers premium services, such as advanced analytics and dedicated customer support, which come at an additional cost.

In summary, Cvent is a pivotal player in the event management industry, providing essential tools and services that help organizations plan, execute, and analyze events more efficiently. Its robust SaaS platform, diverse client base, and multiple revenue streams position it well in the evolving event landscape.

Keywords: Event Management, SaaS, Venue Sourcing, Event Registration, Analytics, Hospitality, Corporate Events, Automation, Event Marketing, Attendee Engagement.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Cvent

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DoubleDutch
ACQUISITION by Cvent Jun 2019
jiffle
ACQUISITION by Cvent Jan 2024
SignUp4
ACQUISITION by Cvent May 2015
Wedding Spot
ACQUISITION by Cvent May 2019
Splash
ACQUISITION by Cvent Sep 2024
Social Tables
ACQUISITION by Cvent Oct 2018
kapow, inc.
ACQUISITION by Cvent Jun 2018
ICapture
ACQUISITION by Cvent Jan 2024
Reposite
ACQUISITION by Cvent Jun 2024