Event Logic Climbs to New Heights and Grows by Over 800% – and Expands to the Rest of the Nordics
Event Logic
Event Logic, a SaaS company that provides a digital platform for managing all types of meetings, events and conferences, is growing rapidly. In 2022, the company is setting new records, with a revenue increase of over 800%. A very gratifying announcement, says Henrik Vallentin, CEO of Event Logic.
One goal set from the start of the company was to handle an annual booking volume of SEK 100 million through Event Logic's platform. With over 3,000 booked meetings and events during 2022, this is a goal that has been surpassed by a very good margin this year. During the second half of 2022, agreements have also been signed with several of Sweden's largest companies.
With this strong growth behind them, the focus for the coming year is on further growing the Nordic market, as well as expanding beyond the Nordics. High on the agenda, as always, is developing the platform and continuing to offer world-class meeting and event experiences to all users. Event Logic also has a solution aimed at business travel agencies and booking companies that offer their clients the ability to book through the platform under their own brand.
-- It feels fantastic to be part of and drive the development within the meetings industry -- by offering modern and efficient ways to administer and book meetings, events and conferences. The feedback we get from our users shows daily that we have chosen a successful approach, as they save both time and money, often from the very first booking. We believe that the low barrier to getting started and the immediate return on using Event Logic also contribute to both happier users and this year's growth record. We want it to be easy to use Event Logic, and with simplicity usually come good results, on multiple levels.
Users see results such as 10-20% reduced procurement costs, 30-40% reduced resources in administration, and also 100% cost control and full statistics on all bookings.
-- We do this together with our users. A strength we see is also the close dialogue we have with our customers. If there are requests for improvements, our goal is always to be responsive and agile -- and together with our developers, we constantly implement features that make the user experience even better. We have somehow found greatness in smallness, and we want to maintain that feeling as we continue to grow, concludes Henrik Vallentin.
About Event Logic
Event Logic offers a free and complete tool for planning, booking and administering all types of meetings, events and conferences. With a marketplace of over 5,000 suppliers, event and meeting planners can gather everything in one place and find suppliers for all types of meetings and events, compare quotes, share finished concepts with colleagues and decision-makers, and procure venues directly in the tool. The tool also includes popular features such as sending invitations, managing changes, handling participant communication, and following up and reporting on events or conferences. Event Logic also provides full statistics on everything booked -- for 100% cost control and clear follow-up.
