Headbox, powered by its UK headquarters B2B conference and event platform with AI software, has announced it has secured a new investment of £3 million.
The £3 million investment in Headbox is led by Salica Investments alongside Deepbridge Capital and Egora Ventures, and will establish a global leadership team to manage the expansion of the company’s global footprint.
Demonstrating the potential of a strong market, the New York launch and Headbox said it secured customers at its first 10 venues there and generated $25 million in event enquiries.
Partner Ross Goodwin said: “I knew the Headbox team for a few years, so it was impressive to see their vision come to life. It combined a strong management team with an innovative approach to the events industry to grow them significantly globally.
Headbox and CEO Andrew Needham said: “This new investment represents a major opportunity for Headbox’s global expansion as we enter the world’s largest conference and event market. We are locally global and continue our urban expansion plans to add NYC to Sydney, Melbourne and Dubrin, Sydney, Melbourne and Dubrin. Our platform is set in our platform, driving the platform to iconic and exciting venues, wrapped in AI blends and curated editorial content.
The investment also provides a strategic platform for Headbox Australia operations to provide a wider range of software and services offerings through the broader Asia-Pacific region. Headbox Australia CEO AliLord joins the newly formed global leadership team that will help shape Headbox’s global strategic direction.
“Now we can expand our reach to Asia while still maintaining a focused, strategic approach while meeting the long-standing customer demands,” Ali Lord said.
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