BKBM Enterprise (t/a VenueScanner) secures £1.06 million Seed investment led by Rianta Capital and ACF Investors

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June 2021, London – VenueScanner, the UK’s largest online venue booking platform, has secured a $1.5 million funding round led by Rianta Capital and ACF Investors.

Launched to enable individuals, businesses and event organisers to find better and more affordable venues, it is helping undiscovered and independent venues reimagine how they use their space and fill their downtime.

Rebecca Kelly, founder and CEO of VenueScanner, comments:

“While the last year has taught us that we don’t need to be sitting next to each other to get our work done, it has also taught us how important it is to be together to create, to collaborate and to celebrate.

“That means we are going to see a sharp rise in demand for locations and experiences that enable businesses to come together for brainstorms, workshops, team away days and more. Our role is to help companies create these in person experiences for their teams and help venues adapt their spaces to accommodate this shift.”

In addition to supporting venues, the funding will be used to drive international expansion, as well as enhancing the VenueScanner platform to deliver an end to end online experience for event planners.

Kelly continues:

“The future of event planning and venue booking was always going to be digital, but the pandemic has massively accelerated this. Venues need to be able to offer virtual tours, digital chat functionality, as well as online book and pay to make the process as easy as possible for their customers. We do this for them.”

Tom Singh, founder of New Look and lead investor in VenueScanner, comments:

“VenueScanner’s technology is a game changer for the future of event booking – it simplifies the entire venue search process and crucially helps venues fill space that would otherwise sit empty. This will be invaluable in helping UK venues recover from the pandemic and as a long term investor in the company, I see huge potential for massive growth in the next couple of years, particularly in entering new international markets. Watch this space.”

Tim Mills, Managing Partner at ACF Investors, says:

“With the economy beginning to open up again we are seeing most businesses looking to re-group and re-engage with their employees, something which requires the right spaces in the right places and VenueScanner is perfectly positioned to facilitate this. The company has the most comprehensive inventory of venues in the UK and enables businesses, teams, friends and families to come together again as we move towards more flexible environments for both work and play. We are excited to see VenueScanner form a key part of the national unlocking and give everyone access to a service that truly supports the needs of the modern company.”

Launched in 2016, VenueScanner is used by businesses including Accenture, PWC, Skyscanner, BBC and Google.

-ENDS-

For all press enquiries, please contact:
Hannah Tulloch
Email: [email protected]
Phone: +44 (0)7415508345

About VenueScanner
VenueScanner is a venue search and booking platform that helps venue hosts generate more bookings and event organisers find better and more affordable venues.

It is shaking up the events industry by helping undiscovered and independent venues (including schools, churches, warehouses, coffee shops and pubs) reimagine how they use their space.

Since launching in 2016, it has grown to become the UK’s largest online venue booking platform with over 25,000 venues listed.

A SaaS platform accessible anytime, anywhere, VenueScanner is used by event organisers at some of the world’s biggest and well-known brands including: Facebook, Cancer Research, Accenture, NNS, Unilever, BBC, EY, Mastercard and M&S among many others.

For more information, please visit: www.venuescanner.com

About ACF Investors
Launched in 2011, ACF Investors (formerly the Angel CoFund) is a privately managed and commercially focused venture capital fund that works alongside sector smart business angels to invest in high potential SMEs across the UK, directly providing funding to support exceptional businesses.

To date ACF Investors has supported close to 100 companies (for example Ebury, Gousto, Creo Medical and Form3) providing more than £50 million in direct investment alongside more than £300m from business angels and other investors, making it one of the most active early-stage investors in the country.

To find out more, please visit www.acfinvestors.com

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Safiya Marzook

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