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HomeFunding Helsinki-based MeetingPackage Secures $4.6 million in Series A Funding Round

[Funding alert] Helsinki-based MeetingPackage Secures $4.6 million in Series A Funding Round

Team MeetingPackage

Scale Capital led a $4.6 million Series A round of funding for MeetingPackage, a top all-in-one sales automation platform that specialises in venue and group bookings.

Even though MeetingPackage is already profitable and cash flow positive, this additional funding will hasten growth in Europe and enable market expansion in North America.

Read also – [Funding alert] Barcelona-based Incapto Raises €6 million in Funding

Additionally, with the help of this funding, MeetingPackage will be able to expand its integrations with a variety of sales, catering, and property management systems as well as improve its product suite to support group online room reservations.

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“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,” said Joonas Ahola, CEO & Founder of MeetingPackage.

MeetingPackage anticipates serving a larger customer base by utilising direct, indirect, online, and offline channel sales for groups and meetings & events with the new funding and product improvements.

Read also – Lausanne based Debiopharm Innovation Fund Launches $150 million Seed Funding Initiative.

“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,” remarked Lars Jensen, Managing Partner at Scale Capital.

Joonas continues, “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. Together, with our stakeholders we are setting the stage for a future where MeetingPackage not only meets but exceeds the expectations of the modern venue and group booking landscape.”

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About MeetingPackage

A Finnish software company called MeetingPackage enables hotels and event venues to market, run, and manage their Meetings & Events spaces. For meeting organisers and event venues, MeetingPackage enhances the Meetings & Events booking procedure. While supplying goods to all customer-facing channels, the company integrates with venues’ existing Property Management, Sales & Catering, and back-office solutions.

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