5 Interesting Learnings from Cvent at $650,000,000 in ARR
SaaStr
FEBRUARY 8, 2023
70% of Cvent’s revenue comes from its events software. but 30% comes from its so-called “Hospitality Cloud” which is really a marketplace for event services. The marketplace side took a bigger hit from the events shutdown during Covid (and also has lower gross margins), but is still a material contributor. #3.
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