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Party.Space offers a metaverse platform designed for immersive virtual corporate events and online communities. The company's core product delivers engaging online experiences through a 3D environment, integrating video communication with interactive mechanics such as quizzes, reactions, and built-in games. This approach transforms traditional virtual interactions into dynamic engagements, providing an experience reminiscent of online gaming within a professional context.
The company was founded in 2020 by Dmitry Zvada and Azim Kurtaliiev. Their insight stemmed from a desire to address the limitations of conventional online communication, seeking to create a more compelling and interactive virtual space. Zvada and Kurtaliiev envisioned a platform that could foster genuine connection and inspiration in online gatherings, drawing on their understanding of digital engagement.
Party.Space serves businesses and organizations looking to host impactful virtual corporate events and build thriving online communities. Its vision centers on inspiring deep engagement in the metaverse, redefining how people connect and collaborate remotely. The platform aims to deliver novel experiences that elevate virtual interactions beyond simple communication, enabling richer and more memorable online gatherings for its users.
Party.Space has raised $1.5M across 2 funding rounds.
Party.Space has raised $1.5M in total across 2 funding rounds.
Party.Space has raised $1.5M in total across 2 funding rounds.
Party.Space's investors include Ambush Capital, Andreessen Horowitz, Awesome People Ventures, Canary Ventures, CoinFund, Decibel Partners, Divergence Ventures, FounderPartners, Northzone, Seed Club Ventures, SID Venture Partners, Union Square Ventures.
Party.Space has raised $1.5M across 2 funding rounds. Most recently, it raised $500K Seed in June 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2022 | $500K Seed | — | Ambush Capital, Andreessen Horowitz, Awesome People Ventures, Canary Ventures, CoinFund, Decibel Partners, Divergence Ventures, Founderpartners, Northzone, Seed Club Ventures, SID Venture Partners, Union Square Ventures, Mason Nystrom, Alexander Salnikov, Stefan George, Tegan Kline | Announced |
| Oct 1, 2021 | $1M Seed | — | Hypra Fund | Announced |
Party.Space does not appear to be a recognized technology company based on available information, and no direct matches exist in current search results for a firm or product by that name. The closest relevant entity is Spazious, a technology platform designed for managing event space businesses, offering tools like comprehensive booking management, interactive floor plans, virtual tours, online payments, and invoicing to streamline operations for event space owners and managers[1]. It serves event space businesses by solving problems like inefficient bookings, double-bookings, and remote venue assessments, enabling optimized operations and enhanced client experiences in a competitive industry.
Spazious provides an all-in-one solution that empowers users with real-time availability updates and immersive visualization features, positioning it as a growth driver for event venues through technology integration[1].
No specific founding details, founders, or backstory for Party.Space or an exact match were found in search results. For Spazious, the platform emerged as an innovative response to the need for advanced tools in the events industry, leveraging technologies like VR for immersive venue experiences and efficient management amid industry advancements[1]. It gained traction by addressing core pain points in event space operations, such as bookings and client visualization, marking a pivotal shift toward digital empowerment for venue managers without noted early milestones or founder backgrounds detailed.
Spazious (closest analog to Party.Space) stands out in event space management through these key features:
These elements prioritize ease of use, speed, and client-facing innovation over traditional manual processes.
Spazious rides the wave of digital transformation in the events industry, where VR, interactive tech, and management platforms address post-pandemic demands for hybrid, remote-capable events amid market forces like globalization and attendee expectations for seamless connectivity[1][3]. Timing is ideal as venues adopt tech-savvy solutions—high-speed WiFi, AV systems, live streaming, and interactive kiosks—to blend physical and virtual participation, expanding reach and engagement[2][3][4]. It influences the ecosystem by enabling event businesses to compete via data analytics, social integration, and AR/VR, fostering growth in corporate events, product launches, and immersive experiences while countering operational inefficiencies[1][4].
Spazious is poised to expand as event tech integrates further with AI-driven personalization, AR enhancements, and RFID for seamless access, capitalizing on trends like hybrid events and digital-first corporate gatherings[3][4]. Its influence may grow by powering more venues with scalable tools, potentially shaping standards for immersive, efficient event management amid rising demand for tech-equipped spaces. Without confirmed details on Party.Space, monitoring for similar entrants could reveal direct competitors, tying back to the need for such platforms in a venue tech void.
