In-person events are back, and people want to make up for lost time. In the UK, a ticketing platform said it had seen people spending 172% more on events compared with pre-pandemic — and there are about a million people set to get married after postponing weddings during lockdown.
Off the back of that resurgence, investor confidence in backing events tech businesses is returning. Feast It, an events platform based in the UK, has just raised a €5m round, led by Fuel Ventures and supported by Best Nights VC, the investment arm of Jägermeister.
It’s not the only startup to benefit from VCs’ renewed confidence in backing in-person events.
Last week OTA Insights, a British startup providing data tools to hospitality businesses, raised an $80m round. Earlier this month, Düsseldorf-based startup Vivenu, which runs an event ticketing platform, raised $50m.
“There’s a thirty-year mega trend in…