iVvy Raises $5.4M in Pre-IPO Funding
- iVvy, an Australian provider of a cloud-based event and venue management platform, raised $5.4M in pre-IPO funding
- The round was led by Thorney Investment Group and Gandel Inves
- The company intends to use the funds to further accelerate the growth of its sales and catering software, particularly in the U.S. and European markets
- The company provides a cloud-based event and venue management platform that allows venues to display real-time rates and inventory for their accommodation
- It offers meeting planners the ability to search, compare, book and pay for function space, catering and group accommodations online
- The company, which has already amassed more than 25,000 users across 14countries, plans to list on the Australian Securities Exchange
