DC-based SocialTables has announced its latest raise, an $8 million Series A round led by Bessemer Venture Partners with Thayer Ventures joining. The company previously raised $1.6 million to help streamline event planning with collaborative tools.
Founded by Dan Berger, a programmer and event-planner, we’ve been following this company since 2012 when I was impressed by their clever seating arrangement software (really!). SocialTables now has 2,500 customers and 30,000 users. Two-thirds of those are venue owners including the Hyatt Hotel Corporation and Caesar’s Entertainment, and one-third are party planners.
“SocialTables is a hospitality SaaS company,” said Berger. “Our platform delivers sales and operations tools to hotels and event planners. We will be using the new capital to focus on better serving our current customers and building additional hospitality products to realize efficiencies in an industry that very much need new technology solutions.”
SocialTables was one of the coolest — and only — high-tech events planning solutions I’ve seen in which growth has been solid and steady. While wedding season has come and gone, it’s nice to know there’s an app out there that can ensure Uncle Steve doesn’t have to sit next to Ex-Aunt Stacey.