5 Interesting Learnings from Cvent at $650,000,000 in ARR
SaaStr
FEBRUARY 8, 2023
While the overall category of Virtual Events software is in a funk, Cvent did OK. #2. but 30% comes from its so-called “Hospitality Cloud” which is really a marketplace for event services. The have interchange revenue from their Hospitality Cloud and also lower margin on-site events revenues, so it makes sense.
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