DoubleDutch company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

doubledutch.me

Founded Year

2011

Stage

Acquired | Acquired

Total Raised

$81.2M

About DoubleDutch

DoubleDutch is focused on building location-based check-in apps for enterprise events and field teams. Users can identify leads at events, close deals faster, and manage relationships with customers post-sale with a suite of mobile-first CRM apps by DoubleDutch.

DoubleDutch Headquarter Location

44 Tehama Street Suite 502

San Francisco, California, 94105,

United States

415-449-5744

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest DoubleDutch News

Twine raises $3.3M to add networking features to virtual events

Jun 17, 2021

Twine , a video chat startup that launched amid the pandemic as a sort of “Zoom for meeting new people,” shifted its focus to online events and, as a result, has now closed on $3.3 million in seed funding. To date, twine’s events customers have included names like Microsoft, Amazon, Forrester, and others, and the service is on track to do $1 million in bookings in 2021, the company says. The new round was led by Moment Ventures, and included participation from Coelius Capital, AltaIR Capital, Mentors Fund, Rosecliff Ventures, AltaClub, and Bloom Venture Partners. Clint Chao, founding Partner at Moment, will join twine’s board of directors with the round’s close. The shift into the online events space makes sense, given twine’s co-founders —  Lawrence Coburn, Diana Rau, and Taylor McLoughlin — hail from DoubleDutch, the mobile events technology provider  acquired by Cvent in 2019. Coburn, previously CEO of DoubleDutch, had been under a non-compete with its acquirer until December 2020, which is one reason why he didn’t first attempt a return to the events space. The team’s original idea was to help people who were missing out on social connections under Covid lockdowns find a way to meet others and chat online. This early version of twine saw some small amount of traction, as 10% of its users were even willing to pay. But many more were nervous about being connected to random online strangers, twine found. So the company shifted its focus to the familiar events space, with a specific focus on online events which grew in popularity due to the pandemic. While setting up live streams, text chats and Q&A has been possible, what’s been missing from many online events was the casual and unexpected networking that used to happen in-person. “The hardest thing to bring to virtual events was the networking and the serendipity — like the conversations that used to happen in an elevator, in the bar, the lobby — these kinds of things,” explains Coburn. “So we began testing a group space version of twine — bringing twine to existing communities as opposed to trying to build our own, new community. And that showed a lot more legs,” he says. By January 2021, the new events-focused version of twine was up-and-running, offering a set of professional networking tools for event owners. Unlike one-to-many or few-to-many video broadcasts, twine connects a small number of people for more intimate conversations. “We did a lot of research with our customers and users, and beyond five [people in a chat], it turns into a webinar,” notes Coburn, of the limitations on twine’s video chat. In twine, a small handful of people are dropped into a video chat experience– and now, they’re not random online strangers. They’re fellow event attendees. That generally keeps user behavior professional and the conversations productive. Event owners can use the product for free on twine’s website for small events with up to 30 users, but to scale up any further requires a license. Twine charges on a per attendee basis, where customers buy packs of attendees on a software-as-a-service model. The company’s customers can then embed twine directly in their own website or add a link that pops open the twine website in a separate browser tab. Coburn says twine has found a sweet spot with big corporate event programs. The company has around 25 customers, but some of those have already used twine for 10 or 15 events after first testing out the product for something smaller. “We’re working with five or six of the biggest companies in the world right now,” noted Coburn. Image Credits: twine Because the matches are digital, twine can offer other tools like digital “business card” exchanges and analytics and reports for the event hosts and attendees alike. Despite the cautious return to normal in the U.S., which may see in-person events return in the year ahead, twine believes there’s still a future in online events. Due to the pandemic’s lasting impacts, organizations are likely to adopt a hybrid approach to their events going forward. “I don’t think there’s ever been an industry that has gone through a 15 months like the events industry just went through,” Coburn says. “These companies went to zero, their revenue went to zero and some of them were coming from hundreds of millions of dollars. So what happened was a digital transformation like the world has never seen,” he adds. Now, there are tens of thousands of event planners who have gotten really good at tech and online events. And they saw the potential in online, which would sometimes deliver 4x or 5x the attendance of virtual, Coburn points out. “This is why you see LinkedIn drop $50 million on Hopin,” he says, referring to the recent fundraise for the virtual conference technology business. (The deal was reportedly for less than $50 million). “This is why you see the rounds of funding that are going into Hoppin and Bizzabo and Hubilo and all the others. This is the taxi market, pre-Uber.” Of course, virtual events may end up less concerned with social features when they can offer an in-person experience. And those who want to host online events may be looking for a broader solution than Zoom + twine, for example. But twine has ideas about what it wants to do next, including asynchronous matchmaking, which could end up being more valuable as it could lead to better matches since it wouldn’t be limited to only who’s online now. With the funding, twine is hiring in sales and customer success, working on accessibility improvements, and expanding its platform. To date, twine has raised $4.7 million.

  • When was DoubleDutch founded?

    DoubleDutch was founded in 2011.

  • Where is DoubleDutch's headquarters?

    DoubleDutch's headquarters is located at 44 Tehama Street, San Francisco.

  • What is DoubleDutch's latest funding round?

    DoubleDutch's latest funding round is Acquired.

  • How much did DoubleDutch raise?

    DoubleDutch raised a total of $81.2M.

  • Who are the investors of DoubleDutch?

    Investors of DoubleDutch include Cvent, Bullpen Capital, Bessemer Venture Partners, KKR, Index Ventures and 15 more.

  • Who are DoubleDutch's competitors?

    Competitors of DoubleDutch include ShopKick.

You May Also Like

Vyopta Logo
Vyopta

Vyopta provides collaboration management solutions, offering multivendor analytics with both real time and historical monitoring for large video networks.

Punchcard Logo
Punchcard

Punchcard develops mobile, loyalty programs for retailers that allows users to take photos of receipts for visits to favorite retailers, and allows users to receive free meals, cash back, gift cards, and other items for repeat visits.

Estimote Logo
Estimote

Estimote builds a sensor-based analytics and engagement platform. The company develops an operating system for physical locations -- one that will change how people run businesses in the physical world and how consumers interact with real world products and venues.

Branding Brand Logo
Branding Brand

Branding Brand is a mobile commerce platform, powering shopping experiences for enterprise brands. The Branding Brand platform scales to meet client goals and supports all forms of smartphone and tablet output. It requires no IT resources, no systems integration, and no web development. Branding Brand can transform any aspect of a desktop site into a unique, optimized experience for smartphones, tablets, or in-store.

K
Koudai

Koudai is a growth stage, lead-generation platform focused on mobile e-commerce. Leveraging its search technology, Koudai plans to become a shopping traffic gateway on the mobile Internet. Its business model centers on matching shopping interest with merchants and charging lead generation or possibly transaction commissions. The company has launched Weidian, a mobile commerce platform which enables vendors to open stores and promote products through social channels.

SCVNGR Logo
SCVNGR

SCVNGR is an interactive mobile gaming company with easy to use interface that aims to let anyone (with or without technology skills) develop, manage and deploy their own interactive mobile game. Games are playable from any cell phone (no downloads required, any model, any carrier) and used for orientation activities, teambuilding, promotions and interactive tourism. SCVNGR mobile games bridge the gap between digital interactivity and real world interactions, leading teams of players from location to location, solving clues and riddles, implementing a game-play dynamic (SmartRoute) to determine user paths. Games are multi-player (teams sync phones together), interactive (with commands like and) and tremendous fun.SCVNGR also launched LevelUp. LevelUp aims to be a better way for local businesses and consumers to connect. Per LevelUp, consumers can try out local places with a great deal and then go back to the places they love with an even better deal or more exclusive experience. Merchants get introduced to a large local community of people who not only visit their business, but are actively invited to keep coming back and "level-up" to become regulars, the best type of customers.For financing and investor information related to SCVNGER, please visit the profile of parent company LevelUp.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.