Eola Team

eola secures £92k Pre-Seed funding from TechStars

eola joins the 2020 Techstars Accelerator Programme

eola is one of the 10 companies chosen to take part in this years’ exclusive Techstars accelerator programme. 

Techstars only accepted less than 1% of its global applicants to be a part of its prestigious cohort of future industry leaders. It has supported many fast growing and innovative startups to rapidly increase their awareness and accelerate growth, from ClassPass to SendGrid. 

eola will be joining from September this year, meeting with mentors, partners, investors, and alumni of Techstars London over the next 13 weeks. 

The programme will increase eola’s opportunity to support experience providers across the UK, as well as internationally, during these particularly difficult times. The experience sector, which struggled during the recent lockdowns, are now overwhelmed with huge booking numbers, making this a critical time to have access to scalable solutions and simplify management processes. 

Callum Hemsley, CEO of eola, said:

“We are so pleased to be a part of such a well respected and prestigious accelerator. Techstars 2020 marks the next stage in our development as we continue to see huge growth in our business and increased opportunity in the industry. We are looking forward to being able to continue to empower experience providers, delivering beautifully simple management solutions so they can focus on creating outstanding experiences.”

Eamonn Carey, MD of Techstars London Accelerator, said:

“The calibre and number of founders I met during the interview process was extraordinarily high. So many amazing companies from around the world applied this year who showed the qualities that embody phenomenal entrepreneurs — people who see the potential, but understand the problems. That was particularly apparent in my conversations with Callum, Dan and eola team over the last few weeks and months. They’ve built a product that makes life easier and better for their customers – and the feedback from those users was overwhelmingly positive. I’m delighted that we’ll be able to connect them to our network and support them as they grow and scale in the UK and around the world over the coming months and years.”

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About eola

eola is a complete booking and management platform for experience providers. We enable businesses to automate their processes – from taking bookings to resource management – while significantly increasing their revenue. 

About Techstars

Techstars is the global platform for investment and innovation. Techstars founders connect with other entrepreneurs, experts, mentors, alumni, investors, community leaders, and corporations to grow their companies. Techstars operates three divisions: Techstars Mentorship-Driven Accelerator Programs, Techstars Corporate Innovation Partnerships and Techstars Communities. The Techstars accelerator portfolio includes more than 2,000 companies with a market cap of more than $26 Billion. 

Manoj Ranaweera

Manoj has founded, failed and successfully exited from a number of technology product companies as well as support organisations since 2004. Among them, Northern Tech Awards and edocr.com were acquired by GP Bullhound and Accusoft, Inc respectively. Today, Manoj is building a trusted support network for technology companies. He is working with founding teams to help them accelerate including raising investment and M&A.