Pembroke VCT is lead investor in £2.75m OnePlan fundraise
Event planning and management platform enabling safe events post-pandemic
Pembroke VCTthe venture capital trust focused on building the brands of tomorrow, has invested £1.75m into OnePlan, the collaborative, real-time platform providing a single source of truth for event planners worldwide. Pembroke is the lead investor in a total fundraise of £2.75m.
OnePlan was founded in 2019 by Paul Foster, an international crowd management expert, with the mission to dramatically simplify and enhance every step of the event planning process. OnePlan’s extensive event planning solutions allow organisers to collaborate in real-time, centralising the entire process into one innovative platform.
Since launch, OnePlan has secured deals with some of the world’s best-known brands such as Arsenal, Chelsea and the Brooklyn Nets NBA team, working with over 1,500 events across 50 countries.
Pembroke’s investment follows the successful launch of OnePlan’s ‘Venue Twin’ solution earlier this year. The new offering provides a fully interactive, centimetre accurate 3D digital twin of any venue, which reduces the need for site visits ahead of major events – resulting in significant cost savings, management time savings, and sustainability benefits through reduced travel.
The launch of Venue Twin was fast-tracked due to the Covid-19 pandemic to allow venues to generate revenue from a digital version of their site, whilst also allowing them to plan for the safe and socially distanced return of fans and event attendees.
This funding round includes investment from both Pembroke VCT and US Investors. The investment will contribute toward growing the team, product development, scaling its marketing efforts and further international expansion.
Andrew Wolfson, CEO of Pembroke commented; “When we first met Paul and his team, we quickly realised that they had leveraged their significant knowledge and experience to create a platform that is a gamechanger in events planning and management. We are delighted to be an investor in OnePlan and look forward to working with the team to help the business grow.”
Paul Foster, Founder of OnePlan, said: “We’re excited to start the next leg of our journey with an amazing team of investors who share our vision for OnePlan. Above all, we’re passionate about continuing to help our customers create amazing events in a simpler and more efficient way.”