BoomPop, an artificial intelligence (AI)-powered event planning platform, has landed $25 million in funding to accelerate expansion. The round was led by Wing Venture Capital with participation from Atomic, Acme, Four Rivers, Thayer Investment Partners, the Fund of Operators Guild and Gaingels. Individual investors also participated, including Brian O’Malley, an investor in HotelTonight and Fora, a PhocusWire Hot 25 Travel Startup for 2023. The funding round includes an additional $16 million of debt and credit via Silicon Valley Bank. Launched in 2023, BoomPop aims to streamline corporate group travel and event planning. Using its AI-powered software, employees planning offsite events provide specific details about what they want and need, with BoomPop then analyzing different data points—like weather and pricing—and generating event options. The platform also offers more “hands-on” options for users who prefer to browse a database of hotels, restaurants and other venues to build their own event. After initial plans are made, BoomPop's AI also handles tasks such as booking vendors, reviewing contracts and managing RSVPs. “Group travel is the last frontier of travel tech because it’s exponentially more complex than booking for one person,” said BoomPop co-founder and chief product officer Blake Hudelson. “Fifty people means 50 bookings, preferences and dietary restrictions, plus meeting spaces, activities and countless variables. Our AI doesn’t just manage the chaos; it turns it into clarity.” BoomPop also announced that Craig Dooley will be joining the company as VP and general manager of its events agency, BoomPop Studio, and Indrajit Bavan will be joining as VP of partnerships. Tags: Blake Hudelson, BoomPop, corporate group travel event planning, artificial intelligence |