Munich based Smartvillage secures EUR 5M growth financing to scale B2B event footprint
The Munich based startup Smartvillage has secured 5 million EUR in growth financing from the Stuttgart investment firm EKK & Co. The company, which operates a network of B2B event locations tailored for hybrid organizations, is already profitable and intends to use the fresh capital to accelerate its expansion phase.
Smartvillage provides physical infrastructure for meetings, workshops, and corporate gatherings designed to support team culture in an increasingly remote work environment. The business model utilizes AI driven analysis of the customer journey to manage its current locations in Munich, Cologne, and Berlin.
The investment will support the opening of two new event locations in Frankfurt and Hamburg within the next twelve months. Additionally, the company is preparing to launch a new product called smartvillage as a service, a full service solution designed to allow hotels to outsource the management of their conference and event spaces.
By focusing on high quality physical meeting spaces rather than traditional office leases, smartvillage aims to capitalize on the shifting requirements of companies adjusting to hybrid work structures. This latest capital injection marks the beginning of the next growth cycle for the firm as it looks to scale its operations across Germany.
The Munich based startup Smartvillage has secured 5 million EUR in growth financing from the Stuttgart investment firm EKK & Co. The company, which operates a network of B2B event locations tailored for hybrid organizations, is already profitable and intends to use the fresh capital to accelerate its expansion phase.
Smartvillage provides physical infrastructure for meetings, workshops, and corporate gatherings designed to support team culture in an increasingly remote work environment. The business model utilizes AI driven analysis of the customer journey to manage its current locations in Munich, Cologne, and Berlin.
The investment will support the opening of two new event locations in Frankfurt and Hamburg within the next twelve months. Additionally, the company is preparing to launch a new product called smartvillage as a service, a full service solution designed to allow hotels to outsource the management of their conference and event spaces.
By focusing on high quality physical meeting spaces rather than traditional office leases, smartvillage aims to capitalize on the shifting requirements of companies adjusting to hybrid work structures. This latest capital injection marks the beginning of the next growth cycle for the firm as it looks to scale its operations across Germany.