Allseated, an Israeli startup developing a visualization and collaboration platform for event planning, raised $20 million in funding – including capital from Level Structured Capital (an affiliate of Level Equity), and existing investors, Magma Ventures, Vestech Partners, NYFF, and WGG, to further scale its space.
The global event industries have been completely transformed by the pandemic and the rise of remote communication and working with prospects, clients and partners. This includes the strategies employed by venues for selling and promoting their spaces. While “static” digital twins are a de facto standard in real estate, their use in hospitality and events require significantly more value to support the needs of venues and event planners. Allseated’s virtual space and event planning technology is built upon real-time data analysis, predictive insights, and advanced simulations. Users can eliminate guesswork and usher in a new era of precision, innovation, accessibility, design, analysis, and collaboration with multiple stakeholders, all in one platform.
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Allseated says that its event technology platform enables dynamic digital twinning, virtual tours and collaborative 3D event planning “so you can capitalize on opportunities and benefit from efficiencies at every stage of the event lifecycle.”
The company boasts that the Allseated OPS Streamlines event planning with digital tools that enable precise, to-scale 2D floor planning, 3D viewing and design, plus the management of seating, guest lists, timelines and reporting.
With 3D visualization, floor plan design tools, and virtual tours through digital twins, Allseated says that it transforms the hospitality industry, leveraging innovation and outstanding customer service to help clients grow their businesses. Allseated offers various collaborative tools for showcasing and selling venues, designing detailed floor plans to scale, and providing comprehensive analytics. The Allseated experience simultaneously increases sales and marketing opportunities and improves operational efficiency.
“Allseated has always been about bringing cutting-edge innovation to the hospitality market, enabling our customers to be more effective and close a lot more business, faster. The new funding will help us to continue expanding our product line from floor planning to a full collaborative space visualization platform. It will enable us to continue to grow rapidly and partner with some of the best brands in hospitality, supercharging and differentiating their business.” Yaron Lipshitz, Allseated CEO, said.
