Cvent

OverviewSuggest Edit

Cvent is a company developing event management technology and hospitality solutions. It offers enterprise software that delivers event, meetings, conference, and room block management capabilities, as well as onsite solutions, venue sourcing, resource library, and survey solutions. The company offers Hospitality Cloud, a platform comprised of sales, digital marketing, and group business solutions.
TypePrivate
Founded1999
HQMcLean, VA, USMap
Websitecvent.com
Employee Ratings3.7More
Overall CultureCMore
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Latest Updates

Employees (est.) (Apr 2021)4,221(+2%)
Revenue (FY, 2015)$187.7 M(+32%)
Share Price (Mar 2020)$19 K

Key People/Management at Cvent

Reggie Aggarwal

Reggie Aggarwal

Founder and CEO
Chuck Ghoorah

Chuck Ghoorah

Co-Founder, President of Worldwide Sales and Marketing
David Quattrone

David Quattrone

Co-Founder, Chief Technology Officer
Bharet Malhotra

Bharet Malhotra

Senior Vice President, Sales
Patrick Smith

Patrick Smith

Senior Vice President, and Chief Marketing Officer
Anil Punyapu

Anil Punyapu

Senior Vice President, Enterprise Sales
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Cvent Office Locations

Cvent has offices in McLean, Atlanta, Austin, Chicago and in 16 other locations
McLean, VA, US (HQ)
1765 Greensboro Station Pl 7th Floor
Atlanta, GA, US
Tower Place 100, 3340 Peachtree Rd NE #2800
Austin, TX, US
4001 W Parmer Ln #150
Chicago, IL, US
205 W Wacker Dr #1200Chicago
Dallas, TX, US
717 N Harwood St # 2000
Draper, UT, US
13937 Sprague Ln #200
Show all (24)

Cvent Financials and Metrics

Summary Metrics

Founding Date

1999

Cvent total Funding

$146.9 m

Cvent latest funding size

$912 k

Time since last funding

9 years ago

Cvent investors

New Enterprise Associates, Insight Venture Partners, Greenspring Associates, Birchmere Ventures, Frontier Capital, Bob Ghoorah
Cvent's latest funding round in January 2012 was reported to be $912 k. In total, Cvent has raised $146.9 m
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Cvent Revenue

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View revenue for all periods
Cvent's revenue was reported to be $187.72 m in FY, 2015 which is a 32% increase from the previous period.
USD

Revenue (Q3, 2016)

56.7m

Gross profit (Q3, 2016)

40.1m

Gross profit margin (Q3, 2016), %

70.7%

Net income (Q3, 2016)

(5.6m)

EBIT (Q3, 2016)

(4.9m)

Cash (30-Sept-2016)

169.1m
Annual
USDFY, 2013FY, 2014FY, 2015

Revenue

111.1m142.2m187.7m

Revenue growth, %

28%32%

Cost of goods sold

32.3m42.1m59.7m

Gross profit

78.9m100.2m128.0m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

31.4m34.1m37.4m41.1m47.3m48.4m52.3m59.6m56.7m

Cost of goods sold

9.2m9.0m11.2m14.9m14.3m14.7m14.6m16.7m16.6m

Gross profit

22.2m25.1m26.2m26.2m33.0m33.7m37.7m42.9m40.1m

Gross profit Margin, %

71%74%70%64%70%70%72%72%71%
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Annual
USDFY, 2013FY, 2014FY, 2015

Cash

146.4m144.5m118.7m

Accounts Receivable

33.2m45.0m30.5m

Prepaid Expenses

7.9m13.1m17.2m

Current Assets

202.6m229.8m193.5m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

191.0m175.7m164.0m153.2m136.8m127.2m157.8m162.9m169.1m

Accounts Receivable

24.8m20.6m21.7m37.6m25.3m22.5m26.6m24.5m29.1m

Prepaid Expenses

8.2m8.0m10.0m16.7m16.9m1.6m13.8m11.8m12.4m

Current Assets

238.3m223.7m218.7m236.8m213.3m206.7m217.5m212.9m220.5m
show all
Annual
USDFY, 2013FY, 2014FY, 2015

Net Income

(3.2m)1.8m(18.8m)

Depreciation and Amortization

7.8m10.6m20.2m

Accounts Payable

7.5m8.6m8.6m

Cash From Operating Activities

22.1m28.4m27.2m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

1.6m2.6m3.7m(2.4m)(8.0m)(7.2m)(1.2m)(6.9m)(12.4m)

Depreciation and Amortization

2.0m4.3m7.2m4.1m8.8m14.2m5.9m12.3m19.1m

Accounts Payable

5.7m272.0k8.4m2.9m3.4m3.8m1.4m5.8m13.4m

Cash From Operating Activities

23.5m23.9m28.2m14.4m24.5m25.4m37.7m43.7m50.8m
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USDFY, 2013

Financial Leverage

1.7 x
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Cvent Operating Metrics

Cvent's Customers was reported to be 30 k in Jul, 2020.
FY, 2013Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Nov, 2016Mar, 2018Jul, 2019Aug, 2019Feb, 2020Jul, 2020

Venues in Database

218 k224 k250 k250 k235 k235 k235 k235 k240 k240 k240 k240 k245 k260 k260 k260 k268 k

Customers

15.8 k16 k16 k16 k16 k15.8 k27 k27 k27 k30 k

Event and Meeting Planner Customers

6.9 k7.7 k8.8 k

Event Registrations Processed

8.71 m10.95 m14.96 m
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Cvent Acquisitions / Subsidiaries

Company NameDateDeal Size
DoubleDutchJune 10, 2019
Wedding SpotMay 23, 2019
Social TablesOctober 16, 2018
KapowJune 05, 2018
QuickMobileMay 01, 2018
SignUp4May 11, 2015$22 m
PasskeyMay 01, 2014
RegOnlineFebruary 28, 2014
TicketMob LLCDecember 30, 2012
CrowdCompassJune 19, 2012
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Cvent Revenue Breakdown

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Cvent revenue breakdown by geographic segment: 84.5% from United States and 15.5% from Non-United States

Cvent Online and Social Media Presence

Cvent's Trends

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Cvent Company Culture

  • Overall Culture

    C

    65/100

  • CEO Rating

    C

    68/100

  • Compensation

    C-

    60/100

  • Diversity

    B

    74/100

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Cvent Blogs

August 21, 2020

200+ chains in Source Safely

200+ chains in Source Safely 200+ PCarlson@cvent.com Fri, 08/21/2020 - 16:32 chains have provided their new health and safety information in Source Safely Hub
August 11, 2020

Cvent Virtual Attendee Hub

Cvent Virtual Attendee Hub PCarlson@cvent.com Tue, 08/11/2020 - 14:29 Cvent Virtual Attendee Hub creates immersive, interactive virtual events …
August 11, 2020

Virtual Attendee Hub

Virtual Attendee Hub PCarlson@cvent.com Tue, 08/11/2020 - 14:29 Cvent Virtual Attendee Hub creates immersive, interactive virtual events …
July 15, 2020

Engagement Score

Engagement Score PCarlson@cvent.com Wed, 07/15/2020 - 15:40 How to track your attendees’ journey with lead scoring and engagement metrics …
March 24, 2020

Virtual Event Solutions

Virtual Event Solutions GBartz@cvent.com Tue, 03/24/2020 - 12:22 The Ultimate Guide to Virtual Events The value of face-to-face interaction will never go away, but…
March 04, 2020

30% - 90% response time

30% - 90% response time 30% - 90% PCarlson@cvent.com Wed, 03/04/2020 - 12:21 reduction in response time Learn more https://www.cvent.com/en/hospitality-cloud/business-transient…
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 Cvent Frequently Asked Questions

  • When was Cvent founded?

    Cvent was founded in 1999.

  • Who are Cvent key executives?

    Cvent's key executives are Reggie Aggarwal, Chuck Ghoorah and David Quattrone.

  • How many employees does Cvent have?

    Cvent has 4,221 employees.

  • What is Cvent revenue?

    Latest Cvent annual revenue is $187.7 m.

  • What is Cvent revenue per employee?

    Latest Cvent revenue per employee is $44.5 k.

  • Who are Cvent competitors?

    Competitors of Cvent include Airmeet, Hubb and Eventful.

  • Where is Cvent headquarters?

    Cvent headquarters is located at 1765 Greensboro Station Pl 7th Floor, McLean.

  • Where are Cvent offices?

    Cvent has offices in McLean, Atlanta, Austin, Chicago and in 16 other locations.

  • How many offices does Cvent have?

    Cvent has 24 offices.