Community Event Platform Bevy Raises $6.4 Million
PALO ALTO, Calif. (PRWEB) June 19, 2018 -- Bevy, an enterprise community event platform, announced today it has raised $6.4 Million dollars from investors: Upfront Ventures, renowned author and Stanford professor Steve Blank, Ryan Smith and Jared Smith, co-founders of Qualtrics, and Aaron Skonnard, CEO of Pluralsight. Bevy raised funds to increase their growth rate and expand the team.
The Bevy Platform
Bevy helps enterprises manage, scale, and track their community events and impact. For the first time, Bevy makes scaling a global events community easy facilitating millions of in-person conversations for clients like Atlassian, Duolingo, Docker, Evernote, and Startup Grind. Bevy is a pioneer in a new marketing trend called Customer to Customer (C2C) marketing that gets prospective and current customers talking to each other.
Bevy was created by the co-founders of Startup Grind to solve the frustration they felt using the available technologies to scale their global events community. Startup Grind is one of the world’s largest communities for startups with chapters in 400 cities. The technology behind Bevy was spun out into a new company in 2017.
“Bevy is positioned to help companies build customers and brand through scaling community events,” said Derek Andersen, CEO of Bevy. “Our team has been solving this problem since 2010 -- and we are thrilled to build a product for marketers looking to create deeper relationships with their customers. We help companies spread their products and values through rich in-person interactions.”
“C2C marketing is most powerful through events on a massive scale that are run by customers but powered by the brand owner. The marketing team can’t be everywhere at once but customers actually are. The magic is around bringing people physically together where the brand is the glue that binds them,” said Kobie Fuller, General Partner, at Upfront Ventures. “It becomes electric when done correctly and helps bring more people outside of the customer base-in. Combine this with the fact that millennials and GenZ are prioritizing experiences more than anything else gives brands the opportunity to get ahead should they invest in these tactics.”
About Bevy:
Bevy is an enterprise community events platform use to scale their in-person events and experiences. Created by the founders of Startup Grind, Bevy is a pioneer in Customer to Customer (C2C) marketing with clients including Atlassian, Duolingo, Docker, Evernote, and Fiverr. Headquartered in Palo Alto, CA, company values include doing right, being kind, and building a legacy.
Contact: [email protected]
Frequently Asked Questions – June 19, 2018
What does Bevy do?
Bevy is an enterprise community events platform use to scale their in-person events and experiences.
What are Bevy’s core features?
The Bevy core features are event creation and management, email delivery and list management, sponsorship management, analytics tracking, industry best permissions settings, API tie-ins to major marketing platforms. As well Bevy provides competent administrative tools for companies to run distributed C2C programs, and over 300 custom settings for enterprises to match brand needs.
Who are Bevy’s clients?
Bevy works with companies of all sizes including enterprises, universities, and communities. Bevy’s clients include Atlassian, Duolingo, Docker, Evernote, Branch Metrics, Gainsight, Asana, ASU, CMX, Silicon Slopes, and Startup Grind.
What do Bevy’s customers say about using the product?
“We chose Bevy because we wanted to work with a company who shared our passion for community engagement and prioritized the aspects of an event platform that mattered most to us. We rely on tools that are easily adoptable for our volunteers, and Bevy is by far the best available." Atlassian Senior Community Manager, Ashley Elder.
"When I first saw Bevy it was like they had read my journal. I had a headache for two years and this product finally solved it,” said Branch Marketing Director, Elizabeth Kinsey.
"We looked at six software solutions and Bevy was the best,” said Duolingo Head of Community, Laura Nestler.
Who are Bevy’s co-founders?
Derek Andersen (CEO) – co-founder at Startup Grind, co-founder of Commonred (acq. by Income.com), ex-Electronic Arts.
Joel Fernandes (CTO) – co-founder at Startup Grind, co-founder of Commonred (acq. by Income.com).
Alex Bendig (CIO) – early team member of About.me and Sphere (both acq. by AOL).
Who are the company’s investors?
Investors include Upfront Ventures. Steve Blank, eight time founder, renowned author and Stanford professor. Ryan and Jared Smith, co-founders of Qualtrics. Aaron Skonnard, CEO of Pluralsight.
What is Customer to Customer (C2C) marketing?
C2C marketing is a new marketing category where companies engage and educate their existing and potential customers via programs and services provided through their other customers.
Is the company name “Bevy” or “Bevy Labs”?
The company does business as, and should be referred to as “Bevy,” but its legal name is “Bevy Labs, Inc.” Please only use “Bevy” when referencing the company publicly.
How big is the team? Where is it located?
The team is currently 15 people strong and headquartered in Palo Alto, California. The team is made up of engineers and marketers and is distributed across North America. Bevy is hiring.
What are the company’s Values?
Bevy’s five values include: (1) do the right thing, (2) unrelenting work ethic, (3) kindness and empathy, (4) legendary communication, and (5) build a legacy.
What market is Bevy in and how big is it?
Industry experts estimate that the current enterprise event market is $6 Billion dollars but that it will grow to $11 Billion by 2022 (source).
Who is in charge of Startup Grind?
Derek Andersen and Joel Fernandes continue to serve as CEO and CTO of both Startup Grind and Bevy, with Karlie Valine as CMO and Guillaume De Smedt heading the community. “Startup Grind has a world-class team building one of the largest communities in the world. Joel and I are honored to continue to be part of such a talented group of people and an inspiring cause,” said Derek Andersen.
Where can we get logos and other approved assets?
Here is our Press Kit: (logos, product screenshots, event images).
How can we get in touch with the company, Bevy?
Direct all media inquiries to: [email protected]
Deanna Rampton, BevyLabs, https://www.bevylabs.com/, +1 (801) 833-5577, [email protected]
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