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HeadBox gets £1.6 million funding boost

The bulk of the cash is made up of €1m (£890k) of funds from tech investment group Egora Holding

Pictured: the HeadBox team

HeadBox, the online marketplace for meeting spaces, has just received an injection of £1.6 million in funding.

The bulk of the cash is made up of €1m (£890k) of funds from Egora Holding, a Munich-based German-American tech investment group.
The new funds from Egora will allow HeadBox to speed-up its international roll-out.

Andrew Needham, CEO of HeadBox, said: “The HeadBox vision is to re-invent the events industry through technology, unlocking value from under-utilised space as well as providing many space owners with an extra revenue stream.

“We aim for HeadBox to be the global SaaS (Software as a Service) enabled marketplace bringing people and spaces together all in one place to make brilliant things happen. We want to change the way people think about space, unlocking people’s imagination to the different uses and applications of space, and we are delighted to receive support from Egora to deliver on this ambition.”

Nikolaus Zwick, MD of Egora, added: “HeadBox, with its innovative solution to the common problem of finding and booking unique spaces for work-related events fits perfectly with our investment criteria and has the potential to be the leading SaaS enabled marketplace for creative and inspiring event spaces – both in the UK and internationally. We are thrilled to be working with this stimulating and trustworthy team and believe that HeadBox has an exciting future."

More than 100 companies such as Farfetch, Dentsu Aegis and Expedia have already signed up to HeadBox Business, a personalised corporate dashboard that sits alongside the platform to help companies manage multiple venue bookings.

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