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Bevy: Raises $40M in Series C Funding; Valued at $325M

March 27, 2021

Bevy, a Palo Alto, California-based enterprise virtual, hybrid, and in-person event community platform, secured $40M in Series C funding, valued at $325m
The company, which has raised $60M to date since it founded in 2017, intends to use the funds to grow the team from 100 employees to 250 in 2021
Bevy purpose built by the team behind Startup Grind to help companies build, grow, and scale their global customer communities
In 2019, the company also acquired CMX, a large community professional organization which offers training, education, and networking opportunities
With a completely remote workforce, the company’s team is located in 10 different countries on 4 continents
Bevy enables enterprise brands to host large virtual conferences and events and scale their global community events through a network of globally connected events