
Webconnex
Flexible software for event ticketing and fundraising.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | Growth Equity VC | ||
Total Funding | 000k |
Webconnex is a software company that provides a suite of products for event management, ticketing, and fundraising. The company was founded in Sacramento, California, in 2008 by Eric Knopf and John Russell. Started during the 2008 financial crisis, the co-founders initially focused on creating a fundraising tool, which evolved into a comprehensive event ticketing and registration platform. The company has largely grown without venture capital, focusing on a bootstrapped model. In January 2022, Webconnex received a significant investment from GreyLion, a private equity firm, to help scale its operations, expand its team, and accelerate product development.
Webconnex operates on a software-as-a-service (SaaS) model, providing its platform to over 60,000 organizations. Its client base includes event organizers, nonprofits, festivals, and conferences. The company's revenue is generated through a pay-as-you-go pricing model for its payment processing service, Webconnex Payments, which charges a percentage and a flat fee per successful transaction. The platform has processed over $5 billion in transactions.
The core of Webconnex's offering is a single platform that gives customers access to four distinct products: TicketSpice for ticketing events like fairs and festivals; RegFox for event registration for conferences, camps, and classes; GivingFuel for nonprofit fundraising and donor management; and RedPodium for sports-based event registration such as running and cycling events. Key features across these products include customizable page builders, branding control, payment processing, badge printing, and integrations for a seamless user experience.
Keywords: event management software, fundraising platform, online ticketing, event registration, donor management, SaaS, payment processing, TicketSpice, RegFox, GivingFuel, RedPodium, nonprofit fundraising, ticketing solutions, conference registration, race registration, donation pages, crowdfunding, event tech