HeadBox, a SaaS-enabled marketplace for inspiring meeting, off-site and event spaces, has raised £1.6m.
Egora Holding, a Munich-based tech investment group, led the round by contributing €1m (£890,000).
Founded in the UK in June 2015, HeadBox claims to serve other well-known tech companies such as Farfetch and Expedia.
HeadBox will use the money to speed up its international roll-out.
Andrew Needham, CEO of HeadBox, commented on the startup’s mission: “The HeadBox vision is to re-invent the events industry through technology, unlocking value from underutilised space as well as providing many space owners with an extra revenue stream.
“Our platform first strategy means that we are not just making the whole process of finding and booking venues for work related events so much easier, simpler and faster via our market place but we are also providing our corporate guests and host venues with additional software services to anticipate their arising needs. It’s an important part of why our customers keep coming back. Whether it is for a planning session, team away day, product launch, client presentation, sales conference, training session, office party or anything in between they are choosing to use HeadBox.”
Nikolaus Zwick, Egora’s managing director, said his firm supports entrepreneurs with high potential software solutions and technical IP.
“HeadBox, with its innovative solution to the common problem of finding and booking unique spaces for work-related events fits perfectly with our investment criteria and has the potential to be the leading SaaS enabled marketplace for creative and inspiring event spaces – both in the UK and internationally. We are thrilled to be working with this stimulating and trustworthy team and believe that HeadBox has an exciting future,” concluded the managing director.
HeadBox’s previous investors include Sir Brian Williamson CBE, former chairman of Electra Private Equity; Ralph Kugler, former main board director of Unilever and chairman of Cognita Schools; and Martin McCourt, former CEO of Dyson.
Check out our UK tech investment tracker for the latest industry deals.