Groups360 Raises $35M

According to Skift, Groups360, an events platform, has secured $35 million in an investment round. Zigg Capital led the round, with participation from Blackstone Innovations Investments, and Hedge fund Fir Tree Partners.

Groups360 was founded in 2014 with the goal of simplifying and transforming the ways meetings are booked. The Company’s search engine, GroupSync, using its proprietary matching algorithms designed specifically for meeting planners, has helped place thousands of events at the right venue, saving planners time and money. The Company’s price predictor tool delivers improved transparency, reducing time and effort required to book meetings for both the hotel and the planner. Groups360’s management team has decades of experience in the meetings and events industry and provides the right mix of technology and experienced advisors. Using GroupSync, planners can search over 170,000 properties in 225 countries.(c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.

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