The Hospitality and Events industry includes businesses that provide accommodation, food and beverage services, event planning, and entertainment. This industry is a significant contributor to the global economy, with a market size of approximately $4.67 trillion in 2023.
Market Size and Growth
The industry is expected to grow to $6.19 trillion by 2028, with a CAGR of 5.5%. Key drivers of this growth include increasing disposable incomes, a rise in global travel and tourism, and the growing demand for unique and personalized experiences.
Sector Components
The hospitality sector includes hotels, resorts, restaurants, and catering services, while the events sector covers conferences, weddings, concerts, and exhibitions. These components collectively drive the industry's vast economic impact.
Impact on Society
This industry has a profound impact on society by providing employment opportunities, promoting cultural exchange, and supporting local economies. It plays a crucial role in fostering community development and cultural understanding.
Technological Advancements
Technological advancements, such as online booking platforms, virtual tours, and contactless payment systems, are transforming the hospitality and events industry. These innovations enhance customer experiences and operational efficiency.
Challenges
The industry faces challenges related to sustainability, health and safety regulations, and the need to adapt to changing consumer preferences. Addressing these issues is crucial for maintaining growth and relevance in the market.
Impact of COVID-19
The COVID-19 pandemic has significantly impacted the hospitality and events industry, leading to a shift towards more digital and hybrid event formats and increased emphasis on health and safety measures. These changes are likely to persist and shape future industry trends.
How to connect with VC firms in the Hospitality Industry?
Overview
To connect with VCs in the Hospitality & Events sector, focus on firms like Benchmark Capital, Accel, and Andreessen Horowitz. Research their investment focus and portfolio to ensure alignment with your business. Use LinkedIn and industry events to network with partners and associates. This initial step is crucial for establishing relevant connections.
Identifying VC Firms
Target VC firms known for their investments in the Hospitality & Events sector. Benchmark Capital, Accel, and Andreessen Horowitz are prominent examples. Research their investment focus and portfolio to ensure a good fit with your business model and objectives. Aligning with the right VCs increases the chances of securing investment.
Research and Networking
Use LinkedIn and industry events to network with partners and associates from target VC firms. Industry conferences and events provide opportunities to meet potential investors face-to-face, allowing you to build relationships and discuss your startup in an informal setting before formal pitches.
Effective Pitching
When pitching, emphasize the scalability of your solution, your market insights, and any partnerships with major industry players. Highlight case studies or pilot projects that showcase your technology’s impact. This approach demonstrates the real-world application and potential of your solution, making it more attractive to VCs.
Detailed Business Model
Be prepared to discuss your business model in detail. This includes customer acquisition strategies, revenue projections, and financial sustainability. A well-defined business model shows VCs that you have a clear plan for growth and profitability, increasing their confidence in your startup.
Participating in Incubators and Accelerators
Joining hospitality and event-focused incubators or accelerators can provide access to networks of investors and mentorship. Programs like these offer structured support, resources, and exposure to potential investors, enhancing your startup’s development and chances of securing funding.
Understanding Market Trends
Demonstrating your understanding of market trends and regulatory environments will resonate well with VCs. Show how your startup is positioned to capitalize on current trends and navigate regulatory challenges. This insight indicates your preparedness and strategic thinking.
Growth Roadmap and Exit Strategies
Provide a clear roadmap for growth and potential exit strategies. Detailing your long-term vision and how investors can realize returns on their investments makes your startup more appealing. VCs are looking for high-growth potential and lucrative exit opportunities, so outline these clearly.
Case Studies: Successful Funding Rounds with Angel Investors on Angels Partners
To connect with VCs in the Hospitality & Events sector, target firms such as Sequoia Capital, Andreessen Horowitz, and Bessemer Venture Partners. These firms have a strong track record of investing in successful hospitality and event startups.
Sequoia Capital
Sequoia Capital is known for backing companies like Airbnb and DoorDash. The firm focuses on high-growth potential and market disruption, seeking innovative solutions that can transform the hospitality and events industry.
Andreessen Horowitz
Andreessen Horowitz has investments in companies like Airbnb and Hipcamp. They look for innovative hospitality and event solutions that can scale globally, emphasizing significant technological advancements and market impact.
Bessemer Venture Partners
Bessemer Venture Partners’ portfolio includes companies like Toast and Mindbody. They seek startups with strong customer engagement and scalable business models, focusing on long-term growth and market leadership.
Research and Connection
To connect with these VCs, research their investment portfolios and identify partners who have shown interest in your industry. Attend industry conferences, hospitality summits, and event planning forums where these VCs are likely to be present.
Participating in Demo Days
Participating in demo days hosted by travel tech or hospitality accelerators can provide exposure. These events offer excellent opportunities to showcase your product to a broader audience of potential investors.
Pitching to VCs
When pitching to VCs, emphasize your startup’s market opportunity, technological innovation, and scalability. Be prepared to discuss your business model, customer acquisition strategies, and revenue projections in detail.
Crafting a Compelling Story
Crafting a compelling story about your product’s impact and the problem it solves will resonate well with VC investors. Highlighting the uniqueness and potential of your solution is crucial.
Comprehensive Pitch Deck
Follow up with a comprehensive pitch deck that includes market analysis, competitive landscape, and potential exit opportunities. This will provide VCs with a clear understanding of your business and its potential.
Strategic Partnerships
Highlighting any strategic partnerships or collaborations with major hotel chains or event organizers can add weight to your pitch. These relationships can demonstrate market validation and growth potential.
Presenting a Strong Team
Ensure that you present a well-rounded team with expertise in both hospitality or event planning and business development. A capable team is essential for executing your vision and achieving success.
Building Relationships
Building a relationship with VCs through initial informal meetings, networking events, and continuous updates on your progress can help secure their investment. Consistent communication and relationship-building are key.
We found 315 VC firms investing in Hospitality on Angels Partners
FirstMark Capital
Investing in Software (Web Marketplace Saas..) &b...
FirstMark Capital is an early stage venture capital firm investing in technology and technology-enabled companies. The firm primarily seeks to make seed and early stage investments, but also invests in later stage companies and makes follow-on investments through their opportunity fund series. It was founded in 2008 and is based in New York, New York.
FJ Labs
Investing in Software (Web Marketplace Saas..) &b...
FJ Labs is a venture capital firm based in New York, New York. The firm invests in the consumer, fintech, e-commerce, travel, mobile, and SaaS sectors.
Index Ventures
Investing in Software (Web Marketplace Saas..) &b...
Index Ventures is a venture capital firm which specializes in seed, early stage, later stage and growth capital investments. The firm focuses on investing in companies based in Europe, operating in the biotechnology, retail, clean technology, media and life sciences sectors. It was founded in 1996 and is based in Geneva, Switzerland.
Index Ventures invests in multi-stage, transformative companies who are willing to challenge convention. The firm is especially dedicated to the information technology, clean technology, and life science sectors. They back the best and most ambitious entrepreneurs with a tight-knit collaborative partnership that retains a shared mission of seeing opportunity instead of obstacles. Index Ventures has teamed up with exceptional entrepreneurs in 39 cities around the world and have helped them grow into new regions. They provide a full-service partnership where they bring a lot of experience and expertise to the table.
In November 2022, they launched their second seed fund Origin II, a $300M fund focus on early-stage investing. It is $100m larger than Origin I, and is a highly collaborative fund, with seed-specific support, that works alongside solo GPs and angels, to help companies be best positioned for success.[1]
HOF Capital is an independent private investment firm that focuses on Dutch investment properties and extraordinary financial situations such as secondary trades, seed capital and asset-based finance. It was founded in 2013 and is based in Utrecht, Netherlands.
Lerer Hippeau
Investing in Software (Web Marketplace Saas..) &b...
Founded in 2010, Lerer Hippeau is a venture capital firm based in New York City, New York. The firm invests in companies operating in the consumer, digital media, e-commerce, emerging tech, and enterprise software sectors.
Wavemaker Partners
Investing in Software (Web Marketplace Saas..) &b...
Wavemaker Partners is an early-stage venture capital firm that was founded in 2003 with offices in Los Angeles and Singapore. The firm invests primarily in Enterprise and Deep Tech startups.
Talis Capital
Investing in Software (Web Marketplace Saas..) &b...
Talis Capital is a Venture Capital investment family office funded by a group of entrepreneurs. Focused on backing emerging technologies, Talis has completed over $500m worth of transactions and the portfolio includes Darktrace, Onfido, iwoca, Pirate Studios, Luminance, and Oh My Green. Talis concentrates on building long term partnerships and leverages their LP network to help their companies and create opportunities. The team looks for innovative companies with sustainable business models, working with them to unlock their future growth. The firm is based in London, United Kingdom and was founded in 2009.
Urban Innovation Fund is a venture capital firm that is based in San Francisco, California. The firm provides seed capital and regulatory support to entrepreneurs shaping the future of cities - helping them grow into tomorrow's most valued companies.
Mighty Capital
Investing in Software (Web Marketplace Saas..) &b...
Andreessen Horowitz is a venture capital firm that is headquartered in Menlo Park, California and was founded in 2009. The firm specializes in seed, early stage, mid stage, later stage and growth stage investments. The firm invests in media, software, mobile, internet, infrastructure and technology sectors.
Capital Factory
Investing in Software (Web Marketplace Saas..) &b...
• The Institute for Corporate Productivity:
$300000 (Convertible Note)
• The Institute for Corporate Productivity:
$500000 (Convertible Note)
• The Institute for Corporate Productivity:
$2000000 (Series A)
• The Institute for Corporate Productivity:
$500000 (Series A)
• The Institute for Corporate Productivity:
$500000 (Series A)
• The Institute for Corporate Productivity:
$2000000 (Series A)
• The Institute for Corporate Productivity:
$6000000 (Series A)
• ClickSquared:
$740000 (Series Unknown)
• ClickSquared:
$9000000 (Series C)
• ClickSquared:
$2000000 (Series Unknown)
• ClickSquared:
$11000000 (Series B)
• ClickSquared:
$1000000 (Convertible Note)
• ClickSquared:
$37000000 (Series A)
• BlueTarp Financial:
$15000000 (Private Equity)
• BlueTarp Financial:
$5000000 (Series Unknown)
• BlueTarp Financial:
$310000 (Series C)
• BlueTarp Financial:
$6000000 (Series C)
• BlueTarp Financial:
$19000000 (Series B)
• Zest AI:
$5000000 (Series B)
• Zest AI:
$23000000 (Series B)
• Zest AI:
$11000000 (Series A)
• Cartera Commerce:
$12000000 (Series D)
• Cartera Commerce:
$7000000 (Series C)
• Cartera Commerce:
$7000000 (Series B)
• Cartera Commerce:
$950000 (Convertible Note)
• Cartera Commerce:
$3000000 (Series B)
• Cartera Commerce:
$2000000 (Series B)
• Cartera Commerce:
$2000000 (Series A)
• Cartera Commerce:
$450000 (Seed)
• Convoke Systems:
$6000000 (Series B)
• Transpera:
$9000000 (Series C)
• NetBox Labs:
$20000000 (Series A)
• BetterCloud:
$75000000 (Series F)
• BetterCloud:
$60000000 (Series E)
• BetterCloud:
$25000000 (Series D)
• BetterCloud:
$9000000 (Series C)
• BetterCloud:
$6000000 (Series B)
• BetterCloud:
$5000000 (Series A)
• NS1:
$33000000 (Series C)
• NS1:
$20000000 (Series Unknown)
• NS1:
$20000000 (Series B)
• NS1:
$5000000 (Series A)
• Aliro Technologies:
$3000000 (Seed)
• Valimail:
$25000000 (Series B)
• Valimail:
$13000000 (Series A)
• Valimail:
$2000000 (Seed)
• Minim:
$3000000 (Seed)
• BitSight:
$40000000 (Series C)
• BitSight:
$26000000 (Series B)
• BitSight:
$24000000 (Series A)
• BitSight:
$1000000 (Seed)
• Apiary:
$7000000 (Series A)
• Apiary:
$6000000 (Series A)
• Apiary:
$2000000 (Seed)
• Badge:
$1000000 (Seed)
• Sand 9:
$4000000 (Convertible Note)
• Sand 9:
$23000000 (Series C)
• Sand 9:
$3000000 (Series B)
• Sand 9:
$3000000 (Series B)
• Sand 9:
$12000000 (Series B)
• Sand 9:
$4000000 (Series A)
• Sand 9:
$8000000 (Series A)
• Immedia:
$12000000 (Series B)
• Immedia:
$2000000 (Convertible Note)
• Immedia:
$4000000 (Convertible Note)
• Immedia:
$1000000 (Convertible Note)
• Immedia:
$250000 (Series A)
• Immedia:
$8000000 (Series A)
• Calxeda:
$55000000 (Series C)
• Calxeda:
$20000000 (Series B)
• Calxeda:
$8000000 (Series B)
• Calxeda:
$16000000 (Series A)
• Crashlytics:
$5000000 (Series A)
• Crashlytics:
$1000000 (Seed)
• Tracelytics:
$5000000 (Series A)
• Tracelytics:
$600000 (Seed)
• Philo:
$1000000 (Seed)
• JouleX:
$17000000 (Series B)
• CHiL Semiconductor:
$380000 (Series Unknown)
• CHiL Semiconductor:
$10000000 (Series Unknown)
• CHiL Semiconductor:
$17000000 (Series C)
• CHiL Semiconductor:
$5000000 (Series B)
• Blackwave:
$330000 (Series Unknown)
• Blackwave:
$1000000 (Series C)
• Blackwave:
$7000000 (Series C)
• Blackwave:
$16000000 (Series B)
• Blackwave:
$5000000 (Series A)
• Mobivox:
$11000000 (Series A)
• Syrup Tech:
$6000000 (Seed)
• FloorFound:
$11000000 (Series A)
• FloorFound:
$4000000 (Seed)
• Whym:
$6000000 (Seed)
• Zubale:
$4000000 (Seed)
• Zubale:
$750000 (Pre Seed)
• Mixlab:
$9000000 (Seed)
• Dough:
$1000000 (Seed)
• Chief:
$3000000 (Seed)
• One Step Software:
$100000 (Seed)
• The Riveter:
$5000000 (Series Unknown)
• Everywear:
$1000000 (Seed)
Flybridge Capital Partners
New York City - Boston - Austin - Miami - Seoul - Los Angeles - San Francisco, U.S.A.
Investing In
Software (Web Marketplace Saas..) • PropTech • IT (& TMT) • Hospitality (& Events) • BioTech • Businesses Solutions • Hardware (& Manufacturing) • Retail (& E-Commerce) • A.I. (& Big Data) • HealthTech (& Fitness) • Blockchain (& Cryptos) • Web Security (& Privacy) • Developer tools • Future Of Work • Human Resources • Robotics • Real Estate (& Construction) • Music • Investment Management • Consumer • Woman Focused
Description
Flybridge Capital is a seed and early-stage venture capital firm that invests in technology companies. The firm is currently focused on the artificial intelligence, consumer infrastructure, enterprise information technology, big data, dynamic computing architectures and financial technology sectors.
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