EventHQ Raises $ 500K in Pre-Seed Funding Led by Powerhouse

Dec 4, 2023

With this investment, EventHQ will advance their technology by investing in product development, marketing, and team expansion.  

Bangalore, India, November 21, 2023 – EventHQ, the first EventOps and Intelligence platform, today announced that it has raised USD half million in pre-seed funding, led by Powerhouse Ventures, with participation from three angel investors: Vijay Shankar, Arjun Pillai, and Karthik Ramamoorthy.

Headquartered in Delaware, United States, EventHQ was founded by Chameli Kuduva and Hari Pragdish, both seasoned professionals with expertise in SaaS, community management, and large-scale B2B events. EventHQ is an EventOps and Intelligence platform to help optimise event operations, automate event marketing and bring visibility to ROI on events.

“Businesses have started prioritising event-led growth, however data around events is still stored separately, making it challenging to effectively carry out event operations and assess the return on investment (ROI). There has been a noticeable rise in the number and variety of events, and we believe EventHQ can address this challenge.” says Chameli Kuduva, Founder, EventHQ

All this, combined with the need to have one central system that analyses budget and suggests multiple ways of allocating the intended budget has led to the creation of EventHQ - a B2B SaaS platform that can ascertain the ROI for event marketing as a whole unit as opposed to catering to just one event.

With EventHQ in place, you can plan and achieve financial, marketing, and event strategies and evaluate instantaneous outcomes of your event efforts in the form of ROI and insights. EventOps will bridge the gap between revenue and marketing teams. Additionally, EventHQ serves as a bridge between revenue and marketing teams, facilitating collaboration and alignment via integrations.

"We are thrilled to join EventHQ's exciting journey.  The global events organisation space is disconnected and manually intensive. By implementing a technology stack,  EventHQ will help organisations enhance visibility into the events they plan and their eventual outcomes. They will leverage technology to strategize, predict, and derive superior value on billions of dollars spent on the global events landscape.", said Kshitij Golwalkar, Partner, Powerhouse Ventures

With the recent investment from Powerhouse, EventHQ’s team plans to expand the team and focus on product development. EventHQ has opened its waitlist and has a few early customers! EventHQ is looking to go beta in the near future. 

About EventHQ - 

Founded in 2023, by second-time founder, Chameli Kuduva and third-time founder, Hari Pragdish, EventHQ is an EventOps and Intelligence platform purpose-built to support event marketing teams. The system streamlines information flow, automates engagement, and offers in-depth ROI analytics. It stands as an all-encompassing solution connecting revenue teams, marketing, and data in one place.

Website - https://www.eventhq.com/

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Deepa Sapatnekar