Fourvenues, a Valencian startup that offers comprehensive software focused on the leisure industry, has announced that it has just closed a new round of financing of 6.5 million euros. This operation has been led by Basis 10an American fund based in Silicon Valley in the United States, and has joined Angelsinvestment company of the president of Mercadona, Juan Roig.
As reported by the company, the round also involved ZBG (Netherlands), FJ Labs (USA) and Felipe Navío and Juan Urdiales, these last two founders of jobandtalentthe Spanish unicorn of employment platforms.
The capital injection will be used for the growth and internationalization of the company. Alberto Centeno, CEO of Fourvenues, assures: “We are already present in several countries, and We want a relevant percentage of the 2023 turnover to come from the international market. This round marks a turning point. It will help us take a leap in the evolution of all strategic areas and will allow us to accelerate the growth of the company”.
The previous round of Fourvenues was in June 2022, when they raised one million euros from the Draper B1 startup accelerator, the Archipelago Next capital fund, and Angels, Juan Roig’s investment company, who also participated in this new round.
What is Fourvenues?
Founded in 2018 by Rubén Pérez and his partners Alberto Centeno, Sergio Baguena, Javier Pérez, Fourvenues is an all-in-one platform aimed at nightlife establishments, such as restaurants, discos, event promoters and beach clubs. Startus offers a multi-functional tool with which venue owners can find out in real time what is happening at the event and manage all related services, as well as collect data on their customers’ experience during the event.
Its functions include organize guest lists, tickets, reservations, payment gateways for online sales, control of spaces and tables and management of lists and VIP passes. Likewise, with it the owners can manage the work team and public relations.
In addition, with the platform you have access to a CRM where all the data of the local visitors are collected. In addition, the tool allows to know and manage data of great importance for the business, such as the age and average cost of the clients, the number of boys and girls in each event and the most frequent payment methods. With this data it is possible to get to know customers better and personalize marketing campaigns.
In the future, Fourvenues plans to add new features to its platform, such as «Fourvenues BNK», a payment solution for stores, custom financing, and a plan to expedite payments and collections with suppliers and employees. In addition, they are working on the launch of different products that provide greater value to the nightlife industry.
After difficult times due to covid, Fourvenues has managed to grow exponentially and closed 2022 with a turnover of 35 million euros, a client portfolio of 350 establishments and 40 employees, for which the forecasts for 2023 are encouraging and they expect to expand their workforce to 90 people.
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