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🦄 Unicorner Startup of the Week: Hubilo
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✍️ Notes From The Editors
Hello! With many companies continuing to go fully or partially remote, we felt like Hubilo was a particularly relevant startup to cover. We're curious: what do you use for your online events? Respond to this email to let us know.
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Smart virtual event platform
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Hubilo is an event management and hosting platform with the goal to create engaging virtual events. As a host, attendee engagement can be tracked and data can be utilized to create better online experiences. As an attendee, there are interactive functions such as chat rooms and a gamified point system that promote responsiveness and engagement. Through unique features such as a sponsorship dashboard and branded events, Hubilo caters to trade fairs, award events, hackathons, and other large-scale events.
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💰 Business Model
Hubilo generates revenue through contracts with companies that use their virtual event platform. It also charges fees for specific events that are hosted on the platform, like conferences, award shows, and educational events. Pricing is also dependent on the functionalities and features that the host and attendees utilize.
📈 Traction and Fundraising
👫 Founder(s)
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Vaibhav Jain, CEO: Previously Founder & CEO @ Hub Soft, Incubatee @ icreate, IT BTech @ Dhirubhai Ambani Institute of Information and Communication Technology
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Mayank Agarwal, CTO: Previously Software Engineer @ Ecolibrium Energy, IT BTech @ Dhirubhai Ambani Institute of Information and Communication Technology
🔮 Our Analysis
Hubilo started as an event management software platform. Amidst the pandemic, the company rapidly pivoted to a virtual event platform that offers many analytics services, with the ambitious goal of blending key experiences of physical events into a virtual environment. It wishes to solve common problems that have appeared recently—like the “Zoom fatigue” phenomenon—with features that include demo rooms, networking lounges, virtual booths, and marketing and promotional banners. Hubilo also offers solutions that allow larger-scale events, such as trade fairs, expositions, and company conferences, to be hosted in an interactive and efficient way. The ability to brand an event virtually through designs, custom banners, and communication creates a more interactive space. Getting engagement in a virtual event can be challenging, and through solutions such as lounges, a point system, and goal-setting, attendees can have a better experience. For the host, these interactions are turned into analytics and the company can utilize this information to determine how to improve future events. While we might see a transition back into more in-person events, there is a large market for virtual events and Hubilo can maintain a growing foothold in this space.
📚 Further Reading
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Made with 💜 by the Unicorner Team 🦄
Comments? Just reply to this email!
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🎁 Bonus Content!
With Coinbase's recent IPO and the continued rise of cryptocurrencies, we wanted to share a Hacker News post that Brian Armstrong, the CEO of Coinbase, made in 2012 looking for a co-founder. One can only wonder what the people in those comments are thinking now! |
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