Hybrid event company Delegate Connect has raised $10 million in seed capital in their first ever funding round.
The round, led by AirTree Ventures, is one of Australia’s largest Seed rounds and also included investment from Skip Capital, the private fund of Kim Jackson and Scott Farquhar (co-founder of Atlassian), along with investment fund TEN13.
Founders of some of Australia’s top startups, including Alex Zaccaria, CEO and founder of LinkTree, and Andrew Barnes, CEO and founder of Go1, have also joined the oversubscribed funding round.
Delegate Connect’s end-to-end event platform has been used by clients such as the Edinburgh TV Festival, Sportsbet and the World Dental Congress.
The event company will use the funds to further fuel international growth and expand the team globally including increasing their existing headcount from 45 in their Melbourne, London and Norway offices to over 100 by recruiting an additional 65 roles by December. The opening of a US-based office is also planned in the next few months.
“We have clients around the world who love using our platform because it is built to solve the exact problems they are faced with,” said Jordan Walsh, co-founder and CEO of Delegate Connect.
“With the incredible demand we’re seeing for our services from overseas, we’re looking forward to building out our teams there to be closer to our customers and continue to provide an end-to-end solution for events globally.
“Bringing on an incredible group of investors enables us to continue to push the limits of what is possible in event technology, and we are so excited to share some of the world-first features that we will be launching over the coming months.”
John Henderson, partner at AirTree Ventures, said Delegate Connect “has had undeniable traction”.
“The rapid adoption of virtual and hybrid events in the past 18 months represents a structural shift going forward,” he said.