Oct 26, 2020

UKHotViews And here’s another one, Edinburgh-based HeySummit, which recently closed a $1m seed funding round led by Techstart Ventures with the participation of Active Capital and Ankur Nagpal (CEO and founder of Teachable). Founded in 2018, HeySummit’s USP is its focus on what it describes as the ‘passion economy’ (no, not that one; they mean artists, yoga teachers et al). HeySummit charges from $33 per month (I didn’t know Scotland had adopted the dollar) for 1 active ‘summit’ with up to 2k attendees, rising to $333 p.m. for 10 active ‘summits’ with up to 20k attendees. Custom plans start at $1,000 p.m. HeySummit also charges transaction fees of up to 5% which I assume applies to bookings paid for through the platform. In my opinion, this all sounds a bit pricy for ‘passion economists’ but I suppose it all comes down to how great your passion really is.