Today, MeetingPackage, an all-in-one sales automation software specialising in venue and group bookings, has secured a $4.6 million Series A round.
The vision of MeetingPackage is to make meeting and event services bookable everywhere. It facilitates the seamless online booking experiences of more than 6,000 properties, from independent hotels to global brands.
The software has been ranked the best venue-booking software in the industry-standard Hotel Tech Awards three years in a row.
According to Joonas Ahola, CEO and founder of MeetingPackage:
"We continue to refine and innovate our product offerings to meet the evolving needs of the hospitality industry.
Our team is gearing up to unveil new features to streamline operations and elevate customer experience.
We are entering an era where technology creates unparalleled opportunities for the hospitality industry. With a solid foundation and a clear vision for the future, we are ready to redefine what is possible in the venue and group booking domain. This is just the beginning, and we couldn't be more excited to lead the change towards a more connected and efficient industry."
Scale Capital leads the funding round. Lars Jensen, Managing Partner at Scale Capital, shared:
"At Scale Capital, we have been impressed by the trajectory and focus that MeetingPackage has demonstrated in recent years.
MeetingPackage has built a comprehensive product suite, assembled an ambitious and determined team of industry experts, and demonstrated consistent growth and profitability - a rare feat in today's market. We are excited to lead the investment round and support the European and US expansion of the company."
While MeetingPackage is already cash-flow positive and profitable, this additional funding will be used to accelerate growth in Europe and to facilitate expansion into the North American market.
Furthermore, this funding will empower MeetingPackage to enhance its product suite to accommodate online bedroom bookings for groups and to extend its integrations to multiple sales, catering, and property management systems.
Lead image: Joonas Ahola, CEO and founder of MeetingPackage. Photo: Uncredited.