Togather raises $8.5m led by UNTITLED to expand its events marketplace
The funding round was led by UNTITLED with participation from Material Ventures, Best Nights VC, and Fuel Ventures.
Togather operates an algorithmic events marketplace connecting event planners with independent suppliers across the UK. Formerly known as Feast It, the firm provides a centralised operating system for the events sector.
Togather has secured $8.5m, approximately £6.8m, in a new fundraising round led by UNTITLED. Additional participation came from Material Ventures, Best Nights VC, and Fuel Ventures. The capital will support the company as it broadens its service offerings and expands into new geographic territories.
The London-based events platform, formerly operating under the name Feast It, experienced rapid expansion following the lifting of pandemic restrictions, tripling its sales through 2022. Over 120,000 events were organised via the marketplace during that period, drawing a total attendance of 11 million people. The business now aims to build out its digital operating system for independent suppliers and double its sales volume over the course of 2023.
From the founder
"Fundamentally we want to build the best possible product for our incredible community of independent suppliers. Our vision is to create a groundbreaking operating system for our supply partners – a tool that can be central to helping them grow, whilst helping to streamline the tough parts of their day-to-day. Beyond that we’re really focusing on growing and developing our supplier community, not just signing them up to the platform. We want to feel like a genuine part of the ecosystem."
Hugo Campbell
Co-founder at Togather
Investor perspective
"I have been incredibly impressed by Togather’s growth over what has been an extraordinarily difficult past few years. Events remain a crazily untapped area in the tech world, and we can’t wait to be involved in the next part of Togather’s journey. I have no doubt they are going to absolutely revolutionise the industry and let people throw the events they deserve to have."
Magnus Rausing
Founder, UNTITLED
Use of funds
- 01Expand into international markets
- 02Continue product development
