AnyMeeting

Online Meeting and Webinar Software

Company Information

Website:

http://anymeeting.com/

Sector:

Conferencing & Communication Software

Location:

Huntington Beach, California

AnyMeeting is a cloud-based SaaS company providing online meeting and webinar software with a focus on ease-of-use, reliability and simplicity.

Online meeting tools have become key to the modern business, by driving meaningful collaboration and engagement between colleagues, business partners and customers. Webinars allow businesses to easily and affordably increase their reach for marketing, training or corporate communications.

Over the last few years, AnyMeeting has built a business that has serviced over 4 million people and almost a billion minutes spent in meetings.

AnyMeeting offers a full-featured web conferencing product designed and priced for small business, including a free ad-supported option. It provides all the features a small business needs including 6-way video conferencing, conference calling, built-in VoIP, screen sharing, presentation sharing, video sharing, recording, mobile, and social media integration.

Its software is web-based and runs inside a web browser. (That means no annoying downloads required for attendees. Attendees can join with just a single click on the meeting link.)

AnyMeeting costs less than major competitors, starting at $18/month for meetings with up to 25 attendees, and $78/month for webinars with up to 200 attendees.

After shifting its focus to a recurring revenue business model in 2014, the company has grown to over $3 million in recurring revenues by focusing primarily on the quality of its product and technology. Its growth has mostly come from non-paid sources, like meeting attendees, word-of-mouth and SEO.

Now it's aiming to increase its growth and is raising additional funding to drive two key initiatives: build out its Sales and Marketing organization and further expand and differentiate its product line.

The company has received favorable press from media and venture outlets like CNET, VentureBeat, and Business Insider.

As one of its investors said:
"I’ve had the privilege of attending many board meetings and have witnessed first hand how the AnyMeeting team operates. They are very metrics driven — focusing on meaningful goals and also providing key industry benchmarks for calibration. Since their historical growth has been primarily viral and organic, building out a sales and marketing organization should accelerate growth, with further acceleration from the new marketing product they’ve been developing."
John Harbison
Advisor / Investor | Chairman, Tech Coast Angels

Team Background

Costin Tuculescu - Founder & CEO

Costin has significant and direct experience in the online meeting sector.

He is former CEO & President of InstantPresenter.com, a web conferencing and webinar platform, and Direct of Product Development at CTM Marketing Group where he developed the company's proprietary online meeting solution for event customers.

He earned his B.S. in Computer Science from University of California, Irvine.

Alex Cory - Head of Sales & Marketing

C-Level executive focused on new business development, sales, marketing and strategic corporate development in SMB SaaS.

Former CEO of FreeConference.com.

He earned his degree from Pomona.

Co-Investors

Tech Coast Angels

Largest angel investor group in the U.S.

Pasadena Angels

One of Southern California’s most respected and connected group of angel investors. Its investments include ShipHawk and Alpha Genius.

37 Ventures

Boutique investment firm that specializes in early stage and seed startup companies. Portfolio companies include Savara Pharmaceuticals and Bitvore.

Aslanoba Capital

Early-stage investor in tech startups. Its investments include Lyft, Sliced Investing and Poshmark.

Canyon Creek Capital

Southern California based VC. Portfolio companies include Blue Bottle Coffee and Verbling.

Raising
$500K
Committed
$1.047 million (209%)
Current Valuation
$8.5 million Cap / 20% Discount
Min. Investment
$25000
Deal Type
Title II
(For accredited investors only)
Offering Type
Convertible Debt
Finance History
  • $2.6 million
    2013-04-01
    Unknown Lead
Notable Investors
  • Tech Coast Angels
  • Pasadena Angels
  • 37 Ventures
  • Aslanoba Capital
  • Canyon Creek Capital
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