Marketing platform Hive receives $27m infusion to scale AI assets

Private equity will support the company's aim to connect the seller and buyer data gap for the live events industry

Ian Roberts & Patrick Hannigan
Ian Roberts & Patrick Hannigan

Event marketing platform Hive has announced a $27 million (€24m) injection of private equity funding as the company aims to build “AI-powered assistants” in its next chapter.

The capital came from Frontier Growth, which is extending its foothold in the live domain, having also invested $30m (€27m) into atVenu in 2022.

Hive says the capital injection will help accelerate the “product roadmap, deepen its ticketing and data integrations, and expand its presence” across the global industry.

The primary target is building an…

You've used your free article this month

Continue reading with a free account, or subscribe for unlimited access to all of our news, features and reports.

Subscribe Create a Free Account

Related Content

Back to top