Finnish software company MeetingPackage raises $4.6M to expand into European and North American market
Espoo-based MeetingPackage, an all-in-one sales automation software specializing in venue and group bookings, has secured a $4.6 million Series A round led by Scale Capital. The funding will be used to accelerate growth in Europe and to facilitate expansion into the North American market, the startup informed AIN.Capital.
- MeetingPackage is a software company that allows hotels and event venues to sell, operate, and manage their Meetings & Events spaces. MeetingPackage claims it can improve booking process for meeting planners and event venues. The company integrates with venues’ existing Property Management, Sales & Catering, and back-office solutions while delivering products to all customer-facing channels.
- The self-service software features twelve different language versions and facilitates the online booking experiences of more than 6,000 properties, from independent hotels to global brands.
- The investment was led by Copenhagen-based Scale Capital, an early-stage venture fund investing in digitisation and disruptive technologies within business-to-business. Scale Capital primarily focuses on the Nordic region. Its purpose is to deliver impact through technology and positively change the planet and people’s lives.
“We continue to refine and to innovate our product offerings to meet the evolving needs of the hospitality industry. Our team is gearing up to unveil a series of new features to streamline operations and elevate customer experience. We aspire to set new benchmarks for efficiency, user-friendliness, and customization,”said Joonas Ahola, CEO & founder of MeetingPackage.
- This additional funding will be used to accelerate growth in Europe and to facilitate expansion into the North American market. Furthermore, it will empower MeetingPackage to enhance its product suite to accommodate online bedroom bookings for groups and extend its integrations to multiple Sales and Catering and Property Management Systems.