Why we invested in InstantSpace

Infrastructure for events and conferences

Organizing conferences or corporate events usually takes months of preparations with booking speakers, syncing agendas, hiring suppliers, engaging in marketing, and PR. But the pandemic struck at once, freezing all activities in the field and leaving the MICE industry (Meetings, Incentives, Conferences, and Events) in full disarray, with clients canceling everything, tossing months of efforts, and asking for refunds.

When all this is over (and it will be over sooner or later), the industry will need proper tools to reboot and start anew.

Enter InstantSpace.

InstantSpace builds a technology platform that enables hotels to provide customers with instant booking of rooms, facilities, and services dedicated to events, just as the likes of booking.com or Expedia already do for accommodation.

The task is not easy and involves building a technological infrastructure that connects in a single data source all the management systems used by different hotels. The data thus collected and structured are put at work through a marketplace platform, getting demand, and supply in contact. Customers will be able to discover new places to organize their events, while hotels will have access to a much broader base of corporate and non-corporate clients.

At EGV, we are looking to invest in teams addressing big problems and creating solutions that would transform entire industries. We made a bet on InstantSpace and will support their efforts to alleviate the pains of events organizers from everywhere.

This article was first published on the Early Game Ventures Blog, along with countless other founder resources that will get you closer to your investment goals. Head over to our blog to find out more.




Blogging about Startups and Venture Capital

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Why I’m Excited For My Passive Income Stream in 2022

Term Sheet Bootcamp Creates Conversations in Southern Taiwan and Connects Resources Throughout…


Making Real Food Meal Planning Faster, Simpler and Easier

Online Donations — 4 Tips to Increase Your Success

Entrepreneur’s Dilemma- 5 Roadblocks & Ways to Remove It.

Why You Need An Online Business Coach As A Thought Leader

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Cristian Munteanu

Cristian Munteanu

Blogging about Startups and Venture Capital

More from Medium

100 Weeks to Scale — Chapter 2: Fundamental Values

The Current Global Economic Downturn, ‘layoffs’ — from A Software Engineer perspective

Data gives Sales Teams Superpowers

Why Agora? Why now?