Last Updated on: 22nd November 2023, 02:35 am
MeetingPackage, a leading all-in-one sales automation software provider specialising in venue and group bookings, has secured a $4.6 million Series A round led by Scale Capital. The funding will be used to facilitate expansion into the North American market and to accelerate growth in Europe, as well as to expand the product suite to accommodate online bedroom bookings for groups and integrate with multiple Sales and Catering and Property Management Systems.
This investment marks a significant milestone in MeetingPackage’s progress, as it has recently been recognised as the best venue-booking software in the industry-standard Hotel Tech Awards three years in a row. MeetingPackage currently serves more than 6,000 properties, from independent hotels to global brands, providing seamless online booking experiences.
“At Scale Capital, we have been impressed by the trajectory and focus that MeetingPackage has demonstrated in recent years,” commented Lars Jensen, Managing Partner at Scale Capital. “MeetingPackage has built a comprehensive product suite, assembled an ambitious and determined team of industry experts, and demonstrated consistent growth and profitability – a rare feat in today’s market. We look forward to supporting the European and US expansion of the company.”
Joonas Ahola, CEO & Founder of MeetingPackage, stated, “We continue to refine and to innovate our product offerings to meet the evolving needs of the hospitality industry. Our team is gearing up to unveil a series of new features to streamline operations and elevate customer experience. We aspire to set new benchmarks for efficiency, user-friendliness, and customization.”
The North American expansion marks a key milestone for MeetingPackage and the strategic initiative to foster collaborative relationships with local industry players, creating a rich ecosystem. Ahola added, “We are stepping into an era where technology creates unparalleled opportunities to the hospitality industry. With a solid foundation and a clear vision for the future, we are ready to redefine what is possible in the venue and group booking domain. This is just the beginning, and we couldn’t be more excited to lead the change towards a more connected and efficient industry.”
MeetingPackage, a Finnish software company that allows hotels and event venues to sell, operate and manage their Meetings & Events spaces, has secured a $4.6 million Series A round led by Scale Capital. The funding will be used to facilitate expansion into the North American market and to accelerate growth in Europe.
Lars Jensen, Managing Partner at Scale Capital, remarked, “At Scale Capital, we have been impressed by the trajectory and focus that MeetingPackage has demonstrated in recent years. MeetingPackage has built a comprehensive product suite, assembled an ambitious and determined team of industry experts, and demonstrated consistent growth and profitability – a rare feat in today’s market. We are excited to lead the investment round and support the European and US expansion of the company.”
Joonas Ahola, CEO & Founder of MeetingPackage, said, “We continue to refine and to innovate our product offerings to meet the evolving needs of the hospitality industry. Our team is gearing up to unveil a series of new features to streamline operations and elevate customer experience. We aspire to set new benchmarks for efficiency, user-friendliness, and customization.”
The North American expansion signifies a key milestone in MeetingPackage’s growth, creating a strategic initiative to foster collaborative relationships with local industry players. Ahola added, “We are stepping into an era where technology creates unparalleled opportunities to the hospitality industry. With a solid foundation and a clear vision for the future, we are ready to redefine what is possible in the venue and group booking domain. This is just the beginning, and we couldn’t be more excited to lead the change towards a more connected and efficient industry.”
MeetingPackage, a leading all-in-one sales automation software provider specialising in venue and group bookings, has secured a $4.6 million Series A round led by Scale Capital. The funding will be used to facilitate expansion into the North American market and to accelerate growth in Europe.
Having been recognised as the best venue-booking software in the industry-standard Hotel Tech Awards three years in a row, MeetingPackage currently serves more than 6,000 properties, from independent hotels to global brands, providing seamless online booking experiences.
Lars Jensen, Managing Partner at Scale Capital, commented, “At Scale Capital, we have been impressed by the trajectory and focus that MeetingPackage has demonstrated in recent years. MeetingPackage has built a comprehensive product suite, assembled an ambitious and determined team of industry experts, and demonstrated consistent growth and profitability – a rare feat in today’s market. We are excited to lead the investment round and support the European and US expansion of the company.”
Joonas Ahola, CEO & Founder of Meeting
