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Event Management Platform Tripleseat Secures Majority Investment from General Atlantic

Event Management Platform Tripleseat Secures Majority Investment from General Atlantic

Existing shareholders Vista Equity Partners, Level Equity and Enlightened Hospitality Investments will remain as minority investors

Tripleseat, an event management software and integrated payments firm for the hospitality space, has secured a majority investment from growth equity firm General Atlantic.

Existing shareholders Vista Equity Partners, Level Equity, and Enlightened Hospitality Investments will remain as minority investors in the business.

Concord, MA-based Tripleseat, in partnership with General Atlantic, plans to focus on key growth areas including expanding market reach, further investing in its product and technology, pursuing strategic M&A, and scaling into additional markets.

“We are thrilled to welcome General Atlantic as our partner and look forward to drawing upon their expertise as we work towards thoughtfully scaling our business, which sits at the intersection of software and payments,” said Tripleseat CEO Jonathan Morse.

To date, Tripleseat’s platform has helped venues book over 10 million events and capture $15 billion in event leads.

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Tripleseat General Atlantic

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.