Engage Announces Successful Funding of Seed Round
- By Daniel Hennes
- Apr 05, 2022
Business News Press Release
Contact Information:
Engage
Daniel Hennes - Co-Founder/CEO
press@letsengage.com
FOR IMMEDIATE RELEASE
Engage Announces Successful Funding of Seed Round
Los Angeles, CA - April 5th, 2022 - Engage, a Los Angeles based technology company democratizing and digitizing the talent booking industry, is proud to announce the closing of their seed funding round at a company valuation of $30 million.
Investors in Engage now include Cameo co-founder & CEO Steven Galanis, a venture capital fund consisting of former Nike, Adidas and Google executives, the USC Marshall Venture Fund, and several other highly strategic investors.
Engage’s revenue grew nearly 700% from 2020 to 2021 and the platform now features over 2,600 athletes, speakers, authors, businesspeople, and more all available for speaking engagements and unique experiences.
Engage has added companies including Intel, Bank of America, AIG, Microsoft, SpaceX, Salesforce, Nationwide, Invesco and many others to its ever growing client roster and executed major strategic partnerships with the MLSPA, American Cancer Society and INFLCR. Further, the company has established itself as a market leader in the fast growing NCAA name, image & likeness (NIL) space.
“In spite of COVID, over the last year we have been fortunate to see massive growth in all areas of our business. Completing this round will allow us to expand our team, double down on our marketing efforts, and capitalize on the return of live events, NIL, and more macro trends which will act as tailwinds to an already successful business model. We are thrilled to have the support of so many strategic investors, and feel the future has never been brighter for Engage,” said Daniel Hennes, Engage co-founder & CEO.
Engage was conceptualized by then college students Daniel Hennes, Jake Olson, Noah Schwartz, and Mike Olson to make it easier and more digital to book a speaker. In 2018, Engage co-founders Brendan Egan and John Shegerian helped bring the company from idea to life through a highly strategic investment and partnership. Since then, Engage has become the go-to technology platform for bookings.
Engage allows consumers, event planners, and businesses to find and book talent in less than ten minutes. Designed alongside talent and their agents, Engage’s proprietary technology makes every step of managing a booking faster, easier, and more secure. To learn more, visit www.LetsEngage.com.
About Engage
Engage is a proprietary platform for booking talent and events. Engage allows consumers, event planners, and businesses to find and book talent in less than ten minutes. Designed for talent and their agents, the platform’s proprietary technology makes every step of managing a booking faster and easier. To learn more, visit www.LetsEngage.com. For press and media inquiries, contact Press@LetsEngage.com.
