A Brief History of Cvent Holding Corp. (CVT)

Cvent Holding Corp. is a prominent event management and online registration software company that was founded in 1999 by Reggie Aggarwal. Originally based in McLean, Virginia, Cvent has grown to become a global leader in the industry, with offices in various countries around the world.

In 2006, Cvent launched its event management platform, which revolutionized the way organizations plan and execute events. This platform offered a comprehensive suite of tools for event planning, marketing, and attendee management, making it easier for businesses to create successful events.

Over the years, Cvent continued to innovate and expand its offerings. In 2013, the company went public on the New York Stock Exchange under the ticker symbol CVT. This move helped Cvent raise capital to fuel its growth and expansion into new markets.

In 2016, Cvent was acquired by private equity firm Vista Equity Partners in a deal worth $1.65 billion. This acquisition allowed Cvent to accelerate its product development and global expansion efforts.

• 2017: Cvent merged with Lanyon Solutions, creating a powerhouse in the event management industry.
• 2019: Cvent was acquired by private equity firm Thoma Bravo in a deal worth $1.65 billion, once again changing hands but maintaining its position as a leader in the industry.

Today, Cvent continues to provide innovative solutions for event planners and organizations around the world. With its comprehensive suite of event management tools and a global reach, Cvent Holding Corp. remains a top choice for businesses looking to host successful events.

Who Owns Cvent Holding Corp. (CVT)

Cvent Holding Corp. is a leading cloud-based software company that specializes in event management and hospitality solutions. The company has been publicly traded since its IPO in 2013, giving investors the opportunity to own a portion of the business. As of the latest data available, the ownership of Cvent Holding Corp. is broken down as follows:

• Insiders: Insiders of the company, which include executives, board members, and employees, own a significant portion of Cvent Holding Corp. This shows that those closely associated with the company have a vested interest in its success.
• Institutional Investors: Institutional investors, such as mutual funds, hedge funds, and pension funds, also own a large portion of Cvent Holding Corp. These investors may have large stakes in the company and can have a significant impact on its stock price.
• Individual Investors: Individual investors, both retail and institutional, also own shares in Cvent Holding Corp. These investors may have purchased shares through a brokerage account or as part of a mutual fund or exchange-traded fund.

Overall, the ownership of Cvent Holding Corp. is diversified among insiders, institutional investors, and individual investors, reflecting a broad base of support for the company.

Cvent Holding Corp. (CVT) Mission Statement

At Cvent Holding Corp., our mission is to empower organizations to host successful events and meetings by providing innovative technology solutions. We understand the importance of bringing people together for collaboration and networking, and strive to make the event planning and management process as seamless as possible.

We are committed to delivering exceptional value to our customers through our comprehensive suite of event management tools. Our goal is to streamline the planning process, increase event attendance, and enhance the overall attendee experience.

• Innovative Technology: We are dedicated to staying at the forefront of event technology, providing our customers with the tools they need to succeed in a fast-paced and ever-changing industry.
• Customer Success: Our customers are at the center of everything we do. We are committed to providing unparalleled support and guidance to ensure their events are a success.
• Industry Leadership: We strive to lead the way in event management innovation, setting the standard for excellence in our industry.

How Cvent Holding Corp. (CVT) Works

Cvent Holding Corp. is a leading cloud-based software company that specializes in event management and hospitality solutions. The company offers a comprehensive suite of tools and services that help organizations plan, promote, manage, and analyze their events.

Here is an overview of how Cvent Holding Corp. works:

• Event Planning: Cvent's platform allows users to easily create and manage events of all sizes. This includes features such as event registration, venue selection, scheduling, and budgeting.
• Event Promotion: Cvent helps organizations promote their events through targeted marketing campaigns, email invitations, and social media integration. This helps drive attendance and increase engagement.
• Event Management: On the day of the event, Cvent's software helps streamline the check-in process, manage onsite logistics, and engage attendees through mobile apps and interactive tools.
• Event Analysis: After the event is over, Cvent provides detailed analytics and reporting to help organizations measure the success of their events. This includes data on attendance, engagement, and return on investment.

Overall, Cvent Holding Corp. offers a comprehensive solution for organizations looking to streamline their event management process and maximize the impact of their events. Its cloud-based platform provides flexibility, scalability, and ease of use, making it a popular choice for businesses of all sizes.

How Cvent Holding Corp. (CVT) Makes Money

Cvent Holding Corp. (CVT) is a leading provider of meetings, events, and hospitality technology. The company generates revenue through various sources, including:

• Software as a Service (SaaS) subscriptions: Cvent offers a suite of cloud-based software solutions for event management, registration, marketing, and more. Customers pay a subscription fee to access these tools and services on a monthly or annual basis.
• Event registration fees: Cvent also generates revenue by charging event organizers a fee for every attendee who registers for an event through their platform. This fee can be based on a flat rate or a percentage of the ticket price.
• Marketing solutions: The company offers various marketing tools and services to help event organizers promote their events and drive attendance. Cvent earns revenue through the sale of these marketing solutions.
• Data analytics: Cvent collects and analyzes data on event attendees, registrations, and engagement to provide insights and recommendations to event organizers. They may charge a fee for access to these data analytics services.
• Onsite services: Cvent provides onsite support, technology, and equipment for events such as badge printing, check-in kiosks, and mobile event apps. They charge a fee for these onsite services.