MeetingPackage Secures $4.6 Million in Series A Funding for Expansion and Product Enhancement

MeetingPackage team (Photo Credit: MeetingPackage team)

HELSINKI, October 2, 2023 (VSNewsNetwork.com) - MeetingPackage, a sales automation software company specializing in venue and group bookings, has raised $4.6 million in a Series A funding round led by Scale Capital. The funds are earmarked for accelerating the company's growth in Europe and facilitating its expansion into the North American market. Additionally, the funding will enable MeetingPackage to expand its product offerings, including the capability for online bedroom bookings for groups and extended integrations with Sales and Catering and Property Management Systems.

MeetingPackage has been ranked as the best venue-booking software for three consecutive years in the Hotel Tech Awards. The company currently serves more than 6,000 properties, ranging from independent hotels to global brands. "With the new funding and product enhancements, we expect to serve an even larger customer base," said Joonas Ahola, CEO & Founder of MeetingPackage.

Lars Jensen, Managing Partner at Scale Capital, commented, "MeetingPackage has demonstrated consistent growth and profitability, which is a rare feat in today's market. We are excited to lead this investment round and support the company's expansion in Europe and the U.S."

The company's vision is to make meeting and event services universally bookable. "We are gearing up to unveil a series of new features to streamline operations and elevate customer experience," Ahola added. The expansion into North America is not just a geographical move but also a strategic initiative to foster collaborative relationships with local industry players.

For more information, visit MeetingPackage's website.

Source: MeetingPackage via Newswire