US-based Zuddl, an online platform for hosting conferences, networking meetings, webinars, and creating a custom event experience, raised USD 13.35 million on 6th January 2022.
Investors: The investment round was led by Alpha Wave Incubation (AWI), supported by DisruptAD, ADQ’s venture platform, and backed by Falcon Edge Capital and Qualcomm Ventures LLC. Moreover, existing investors Waveform Ventures and GrowX participated in the round.
Purpose of funding: The company will accelerate domestic and international product development using the funding, primarily focusing on the US market. The startup will improve user accessibility in managing the platform. Furthermore, the startup is seeking large clients to broaden its audience.
About Zuddl
Founded in 2020 by Bharath Varma and Vedha Sayyaparaju, Zuddl is located in San Francisco, US. Zuddl is an online platform for hosting conferences, networking meetings, webinars, and creating a custom event experience. The startup offers a library of templates for all elements that can be used in a conference. The library includes pre-designed templates, backgrounds, discussion tables, and sponsor booths. All services to enhance engagement at meetings. With templates already available, users can build their events within minutes.
What the founder has to say
“Zuddl’s growth can be attributed to enterprises’ need for greater customizability and control for their virtual and hybrid events. Most of our customers are global companies with remote teams, who have complex use cases that we help solve easily, all the while being on-brand,” said Bharath Varma, CEO and co-founder at Zuddl.
What the investors have to say
“After being forced to go the virtual events route during the pandemic, enterprises are now discovering the advantages of hybrid events. Zuddl, through its hybrid-first model, is tackling a unique set of problems for enterprise events – that of bringing customisability, control and engagement to virtual and hybrid events without making it complicated for the event organisers. What works to Zuddl’s advantage is the fact that they are from the events industry and understand the ground realities too well,” said Anirudh Singh, managing director at Alpha Wave Incubation.
“Zuddl’s platform for hybrid events helps enterprises easily customise and manage events with greater engagement,” said Varsha Tagare, senior director at Qualcomm Technologies, Inc and managing director at Qualcomm Ventures.
“We were excited by the vision, strong expertise and speed of execution of Zuddl’s founding team. Bharath and Vedha make a well-balanced and exceptionally talented founding team. Their deep understanding of the needs of event organisers, speakers, sponsors and above all, the attendees coupled with their product first thinking has made Zuddl offerings stand in a highly crowded space,” added Manu Rikhye, partner at GrowX Venture.
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