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HomeFinTechBanzai: Raises $15M in Venture Debt Financing

Banzai: Raises $15M in Venture Debt Financing

  • Banzai, a Seattle, WA-based event marketing company, closed a $15m venture debt funding round
  • The funding led by Columbia Pacific Advisors with participation from Gaingels
  • The company also intends to use the funds to expand further to service its roster of customers
  • Led by Joe Davy, CEO, Banzai is an enterprise SaaS provider of marketing automation solutions for experiential marketing through webinars and events
  • It used by companies like Nextiva, Red Hat, DataRobot, and Egnyte, which includes companies like Nextiva, Red Hat, DataRobot, and Egnyte, along with over 3,000 other customers
  • Banzai has expanded their virtual event and webinar solutions through two acquisitions, also including virtual event platform High Attendance and browser-based webinar solution Demio
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