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.