Cvent
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Cvent

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    • Media & EntertainmentTechnologycloud platforms(PaaS)enterprise softwareevent management
    Cvent is a cloud-based enterprise event management platform. The Company offers software solutions to event planners for online event registration, venue selection, event management, mobile apps for events, e-mail marketing, and web surveys. Cvent provides hotels with a targeted advertising platform designed to reach event planners looking for suitable venues. The Company's solutions optimize the entire event management value chain and have enabled clients around the world to manage hundreds of thousands of meetings and events.
    Revenue(FY, 2015)
    $187.7 M
    TypeSubsidiary
    Parent CompanyVista Equity Partners
    HQMcLean, US
    Founded1999
    Websitecvent.com
    Cvent was founded in 1999 and is headquartered in McLean, US
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    Key People/Management at Cvent

    David Quattrone

    David Quattrone

    Co-Founder, Chief Technology Officer
    Reggie Aggarwal

    Reggie Aggarwal

    Founder, Chief Executive Officer and Chairman of Board of Directors
    Chuck Ghoorah

    Chuck Ghoorah

    Co-Founder, President of Worldwide Sales and Marketing
    Cynthia Russo

    Cynthia Russo

    Executive Vice President and Chief Financial Officer
    Ed Benack

    Ed Benack

    Senior Vice President of Client Services
    Bharet Malhotra

    Bharet Malhotra

    Senior Vice President of Sales
    Show more

    Cvent Office Locations

    Cvent has offices in Gurgaon, Singapore, London, Windsor and Maidenhead and in 16 other locations
    McLean, US (HQ)
    1765 Greensboro Station Place
    Atlanta, US
    2800 3340 Peachtree Rd
    Austin, US
    8900 Shoal Creek Blvd
    Austin, US
    200 3601 S Congress Ave
    Chamblee, US
    185 5256 Peachtree Rd
    Dallas, US
    717 North Harwood St.
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    Cvent Financials and Metrics

    Summary Metrics

    Founding Date

    		1999

    Total Funding

    		$146.9 m

    Investors

    		Insight Venture Partners, Birchmere Ventures, Bob Ghoorah, Greenspring Associates, Frontier Capital, New Enterprise Associates
    In total, Cvent had raised $146.9 m. Cvent is a subsidiary of Vista Equity Partners

    Cvent Revenue

    Embed Graph
    Cvent's revenue was reported to be $187.72 m in FY, 2015 which is a 32% increase from the previous period.
    Annual
    USDFY, 2013FY, 2014FY, 2015

    Revenue

    		111.1 m142.2 m187.7 m

    Revenue growth, %

    		28%32%

    Cost of goods sold

    		31.9 m42.1 m59.7 m

    Gross profit

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

    Revenue

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

    Cost of goods sold

    		9.2 m9 m11.1 m14.9 m14.3 m14.7 m14.6 m17 m16.6 m

    Gross profit

    		22.2 m25.2 m26.3 m26.2 m33 m33.7 m37.7 m42.7 m40.1 m

    Gross profit Margin, %

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

    Cash

    		146.4 m144.5 m118.7 m

    Accounts Receivable

    		33.2 m45 m30.5 m

    Prepaid Expenses

    		7.9 m13.1 m17.2 m

    Current Assets

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

    Cash

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

    Accounts Receivable

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

    Prepaid Expenses

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

    Current Assets

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

    Net Income

    		(3.2 m)1.8 m(18.8 m)

    Depreciation and Amortization

    		7.8 m10.6 m20.2 m

    Accounts Payable

    		7.5 m8.6 m8.6 m

    Cash From Operating Activities

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

    Net Income

    		1.6 m2.6 m3.7 m(2.4 m)(8 m)(7.2 m)(1.2 m)(6.9 m)(12.4 m)

    Depreciation and Amortization

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

    Accounts Payable

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

    Cash From Operating Activities

    		23.5 m23.9 m28.2 m14.4 m24.5 m25.4 m37.7 m43.7 m50.8 m
    show all
    Show all financial metrics

    Cvent Operating Metrics

    FY, 2013Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Nov, 2016Mar, 2018

    Venues in Database

    		218 k224 k250 k250 k235 k235 k235 k235 k240 k240 k240 k240 k245 k

    Customers

    		15.80 k16 k16 k16 k16 k15.80 k

    Event and Meeting Planner Customers

    		6.90 k7.70 k8.80 k

    Event Registrations Processed

    		8.71 m10.95 m14.96 m
    Show all operating metrics

    Cvent Acquisitions / Subsidiaries

    Acquired CompanyDateDeal Size
    CrowdCompass
    CrowdTorch LLC
    Cvent Atlanta
    Cvent Australia Pty Limited
    Cvent Canada ULC
    Cvent Europe Ltd
    Cvent India Private Limited
    Cvent OnArrival
    Elite Meetings International
    SignUp4
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    Cvent Revenue Breakdown

    Embed Graph

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

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    Competitors

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    Aventri
    Media & Entertainment - Subsidiary
    Eventful
    Media & Entertainment - Subsidiary
    Eventbrite
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    Certain
    Technology - Private
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    Cvent Online and Social Media Presence

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    Cvent Company Life and Culture

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