Cvent Holding Corp.
Cvent Holding Corp. is a global software-as-a-service (SaaS) company headquartered in Tysons Corner, Virginia, United States. Founded in 1999 by Reggie Aggarwal, the company's core mission is to transform the events and meetings industry by providing cloud-based platforms that streamline processes for event planners and the venues that host them.
Cvent offers a comprehensive event marketing and management platform, encompassing solutions for online event registration, venue selection, marketing, attendee engagement, and virtual, hybrid, and onsite event execution. Key products include mobile event apps, check-in and badging, and web surveys. Additionally, Cvent provides a global marketplace and software for hotels and venues to manage group bookings and source new business through its Cvent Supplier Network. The company serves approximately 22,000 customers worldwide, including corporate, non-profit, higher education, and hospitality sectors, with a significant portion being Fortune 500 companies.
In June 2023, Cvent was acquired by private equity firm Blackstone Inc. in a $4.6 billion transaction, taking the company private. A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) is a significant minority investor alongside Blackstone. Reggie Aggarwal continues to lead the company as CEO and Founder. Recent product developments include the launch of CventIQ, an AI tool designed to enhance workflows and event experiences, and Cvent Essentials, aimed at simplifying the management of high-volume, repeatable in-person events.
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