LOS ANGELES (Hypebot) – Ticketing and event management solutions provider Vendini announced that it had received $20 million in Series A funding from New York City-based private investment firm Level Equity.
Vendini targets mid-range live event organizations that have been historically underserved, because they are they are either too small for big-name ticketing providers or need more functionality than smaller options can provide. Founded in 2001, Vendini works with over 4,000 venues across performing arts, festivals, live music and nightclubs, museums, comedy, sports and universities.
Vendini provides an all-in-one solution that goes beyond ticketing and includes marketing and donation tools, CRM and reporting features and mobile applications.
"There’s an entire segment of live event venues not getting the solutions and support they need,” said founder and CEO Mark Tacchi. “Since the beginning, it was never about just ticketing software for us — it’s always been about building a cohesive, all-in-one system. We’re excited to keep building, innovating and giving organizations the tools they need to compete and succeed, and this round of funding lets us do that faster.”