
wefindvenues.com
wefindvenues.com | Venue Hire London, UK and Europe |.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $50.0k | Seed | |
Total Funding | 000k |
USD | 2021 | 2022 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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wefindvenues.com operates as a streamlined, free-to-use digital platform designed to simplify the venue discovery and booking process for event organizers. The service is a strategic component of the AOK Events Group, a full-service event management agency established in 2000. AOK Events was founded by Alex Hewitt, who drew upon a decade of prior experience in the events industry, alongside Jo Greenstock and Simon Hanbury. What began in a small Hammersmith office as a corporate hospitality broker quickly expanded to meet client demand for comprehensive event management.
The core business of wefindvenues.com addresses the challenge of sourcing and comparing event spaces, particularly in saturated markets like London. Corporate clients and individual event planners submit a single enquiry form detailing their requirements. The platform then distributes this enquiry to a network of suitable venues. This process allows venues to respond directly to the user through a private online account with tailored proposals, including current pricing and availability. A key feature of the service is that the event planner's contact details remain confidential until they decide to proceed with a viewing or booking, ensuring a pressure-free selection experience. The platform's revenue model is commission-based; it is free for the event planner, with the company earning a commission from the venue upon a successful booking. This fee is allocated from the venue's marketing budget and is not an additional cost to the client.
The parent company, AOK Events, has demonstrated significant growth, evolving from a small team to a staff of 40 and delivering over 30,000 events. A notable development in its corporate structure occurred in October 2023, when AOK Events transitioned to an employee-owned business, with an Employee Ownership Trust (EOT) acquiring 65% of the company's shares to secure its long-term future and empower its staff. The leadership, including founders Alex Hewitt and Jo Greenstock, remains actively involved in daily operations. The group's portfolio is diverse, covering corporate hospitality, conferences, parties, and experiential marketing, serving a wide range of industries beyond its initial focus on the banking sector.
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