Company Overview
Snapshot
Founded in November 2010 by Eran Ben-Shushan, Alon Alroy, and Boaz Katz, Bizzabo operates with 201–500 employees. The company has raised $233.71 million across 11 funding rounds from 20 investors. In November 2021, Bizzabo acquired Klik for $13.5 million, integrating smart wearables technology into its Event Experience Operating System.
Business overview
Bizzabo provides a comprehensive event software solution for B2B conferences, supporting in-person, virtual, and hybrid events, as well as webinars. Its core product, the Event Experience OS, offers a centralized Command Center for orchestrating events, personalizing attendee journeys, and integrating with CRMs for actionable insights. The platform features dynamic registration, multitrack agendas, robust analytics, streamlined session management, onsite check-in, and lead retrieval, serving event organizers focused on driving revenue, building brand, and fostering community engagement.
Strategic signal
In December 2022, Bizzabo announced a second round of layoffs, impacting 100 employees, or 40% of its workforce. This strategic organizational change, driven by ongoing financial uncertainty, signals the company's focus on achieving profitability amidst a challenging market landscape. For investors, this indicates a shift towards operational efficiency and fiscal discipline, potentially stabilizing the company's long-term financial health.
Log in to access full profile ›Company Intelligence Q&A
- What was Bizzabo's most recent acquisition?
- In November 2021, Bizzabo acquired Montreal-based event tech startup Klik for $13.5 million in cash and stock. Klik's smart wearables technology for live events was integrated into Bizzabo's Event Experience Operating System.
- What was the strategic rationale behind Bizzabo's acquisition of TeeVid?
- In October 2021, Bizzabo acquired TeeVid, an Israeli interactive virtual events platform. This acquisition enabled Bizzabo to introduce its video production suite, enhancing the immersive experience for hybrid events and expanding its capabilities in virtual event technology.
- Which companies did Bizzabo acquire in 2021?
- In 2021, Bizzabo made several acquisitions. In May 2021, it acquired Whalebone, a Swedish technology startup. In June 2021, Bizzabo acquired US company x.ai, which automates meeting scheduling. In October 2021, it acquired TeeVid, and in November 2021, it acquired Klik.
- When did Bizzabo raise its Series E funding round?
- In December 2020, Bizzabo closed a Series E funding round led by Insight Partners, with participation from. The funding was intended to support further growth and technology development for integrating virtual and in-person experiences.
- What was the purpose of Bizzabo's Series D funding round?
- In April 2019, Bizzabo raised a Series D funding round led by Viola Growth. The capital was allocated to expand the platform's capabilities, enabling enterprise and mid-market organizations to create personalized and engaging professional event experiences through data-driven approaches.