Co-founded by the team that created Crowdmass, a group purchasing site that was later acquired by Groupon in 2011, Venuemob has focused their energy into new site Venuemob, a service that enables users to search for event venues in Australia.
According to PRLeap, David Wei, the former Head of Sales Training at Groupon Australia and New Zealand, as well as Ying Wang, the former Head of Marketing in Australia and New Zealand have recently raised $450,000 in funding led by Optus Innov8, a subsidiary of Singaporean telecommunications giant, Singtel, to grow their service in Australia.
Wang and Wei were one of the first couple employees to take apart of Groupon Australia and New Zealand, during their time there the duo helped grow the company into one of the market leaders in daily deal and group buying spaces in Australia prior to its initial public offering late 2011.
“It’s a different challenge. The function venues space is fantastic. We’re not asking for a discount, but we are still committed to helping local businesses attract a large number of clients and customers”. Wang said in a recent article.
Venuemob’s goal is to help business owners publicize their underutilized space. In addition the company wants to help people to find venues for events like birthday parties, engagements and corporate events.
“A lot of restaurant owners, bar owners, or even just people who own a cool art gallery don’t fully utilise their function spaces, but we know there are people who are on the lookout for their venues. This means that we can be giving owners thousands of dollars of revenue on a weekly basis by introducing the venue owners and the event organisers to each other. It’s a win win scenario”, Wei adds.
Source: PR Leap