Question 1

What is Cvent and what does it do?

Accepted Answer

Cvent is a leading global event management and hospitality technology platform that helps organizations plan, execute, and measure the success of in-person, virtual, and hybrid events. Founded in 1999, Cvent serves over 24,000 customers worldwide and has managed more than 5 million events since its inception. The company provides comprehensive solutions for event marketing, attendee engagement, venue management, and analytics to transform how businesses execute meetings and events at scale.

Question 2

When was Cvent founded and by whom?

Accepted Answer

Cvent was founded in September 1999 by Reggie Aggarwal, David Quattrone, and Chuck Ghoorah in Arlington, Virginia, USA. The company began with a team of just six employees and was built on a business plan famously written on a bar napkin. The three co-founders brought complementary skills to the venture: Reggie's deep understanding of event planning needs, David's technical expertise in software development, and Chuck's business acumen and sales leadership.

Question 3

What inspired the creation of Cvent?

Accepted Answer

The idea for Cvent came to founder Reggie Aggarwal while he was serving as president of the Indian CEO Network and organizing over 50 events per year. Growing frustrated with using rudimentary tools like Excel, Outlook, and yellow sticky notes to manage hundreds of events, Aggarwal recognized an urgent market need for dedicated event management software. This personal pain point led him to partner with co-founders David Quattrone and Chuck Ghoorah to build a technology solution that would transform how businesses plan and execute their events.

Question 4

What products and solutions does Cvent offer?

Accepted Answer

Cvent offers a comprehensive suite of event management solutions including its core event management platform for complex corporate events, Cvent Essentials for managing high-volume simple in-person events, and CventIQ, its integrated AI platform launched in 2025. The platform also includes the Cvent Supplier Network for venue sourcing and booking, a Venue Directory for venue discovery and contracting, and solutions for event marketing, attendee engagement, analytics, and hybrid event management. These products serve organizations of all sizes managing events ranging from small internal meetings to large enterprise conferences.

Question 5

What is Cvent Essentials?

Accepted Answer

Cvent Essentials is a new product launched in 2025 designed specifically for organizations managing high-volume, simple in-person events such as field marketing activations and internal meetings. It features template-based registration, live polling, and integration with MarTech platforms, making event planning faster and more affordable. The solution operates on a pay-as-you-go pricing model, lowering the cost barrier for companies that don't need the full feature set of Cvent's enterprise platform but still require reliable event management capabilities.

Question 6

What is CventIQ and what capabilities does it provide?

Accepted Answer

CventIQ is Cvent's integrated AI suite launched in 2025, combining artificial intelligence with industry expertise, analytics, and intelligent infrastructure to help marketers, event planners, and hospitality professionals. The platform features instant session insights, AI-driven content creation, personalized AI assistants, and natural language report generation that simplifies complex analytics. CventIQ represents Cvent's commitment to bringing intelligence and automation to every aspect of event planning and execution, enabling users to make data-driven decisions and improve attendee engagement.

Question 7

How many events has Cvent managed and how many customers does it serve?

Accepted Answer

Cvent has managed over 5 million events since its founding in 1999, serving more than 24,000 customers worldwide with a team of 5,000 employees. The company's scale and experience span diverse industries including corporate meetings, conferences, trade shows, virtual events, and hybrid experiences. This extensive customer base and event management track record demonstrates Cvent's leadership position in the global events industry and the trust organizations place in the platform.

Question 8

What makes Cvent a leader in the event management industry?

Accepted Answer

Cvent's competitive advantages include its pioneering role in digital event management since 1999, comprehensive end-to-end solutions covering every stage of event lifecycle, significant scale and vendor network through the Cvent Supplier Network, and recent integration of advanced AI capabilities through CventIQ. The company was recognized as Best Event Platform in the 2025 Digiday Technology Awards and operates in a market growing at 17.4% CAGR to reach $34.7 billion by 2029. Cvent's reputation, customer satisfaction, and continuous innovation in AI and automation position it as a trusted partner for enterprise event management globally.

Question 9

What is the Cvent Supplier Network and how does it work?

Accepted Answer

The Cvent Supplier Network is Cvent's integrated marketplace connecting event planners with hotels, venues, and travel suppliers for venue sourcing and group bookings. In 2024, the network achieved record group sourcing volume of $16.5 billion, surpassing pre-pandemic levels for the first time, demonstrating the platform's effectiveness in facilitating B2B transactions. The network streamlines the venue selection and contracting process, providing real-time inventory, competitive bidding, and centralized management for meeting planners while offering suppliers direct access to event buyers.

Question 10

What role does the Cvent Venue Directory play?

Accepted Answer

The Cvent Venue Directory is a comprehensive database of event venues that helps planners discover and evaluate properties for their events. In 2024, the directory generated $577 million in confirmed bookings revenue, representing a 75% increase above pre-pandemic records and demonstrating its critical role in the event sourcing journey. The directory combines venue information, availability, capabilities, and customer reviews to facilitate informed decision-making and streamline the venue selection process for meeting and event planners.

Question 11

What types of events can be managed using Cvent?

Accepted Answer

Cvent manages a wide variety of event types including corporate conferences, trade shows, user conferences, field marketing activations, internal meetings, virtual events, hybrid events, awards ceremonies, and large-scale enterprise gatherings. The platform serves diverse industries with solutions tailored to different event complexities and volumes, from simple in-person meetings managed through Cvent Essentials to complex multi-day conferences with thousands of attendees. Organizations can leverage Cvent's expertise and technology regardless of event format, size, or industry vertical.

Question 12

How does Cvent help organizations engage attendees?

Accepted Answer

Cvent provides multiple attendee engagement tools including live polling, personalized AI assistants, session insights, and AI-driven content recommendations that help create more interactive and valuable event experiences. The platform offers virtual and hybrid event capabilities that extend reach beyond in-person attendees and enable ongoing engagement post-event. Through CventIQ's AI capabilities, organizations can deliver personalized experiences, gather real-time feedback, and continuously improve event quality based on attendee behavior and preferences.

Question 13

Is Cvent a trustworthy and secure platform?

Accepted Answer

Cvent is a highly trusted enterprise platform serving over 24,000 customers globally and managing millions of events annually, demonstrating extensive proof of security and reliability at scale. The company is Great Place to Work Certified in the U.S., U.K., and India, reflecting strong organizational integrity and customer focus values. Additionally, Cvent was recognized as Best Event Platform in the 2025 Digiday Technology Awards and has maintained strong customer retention through multiple ownership transitions, including acquisition by Blackstone in 2023 for $4.6 billion.

Question 14

What is Cvent CONNECT and why is it important?

Accepted Answer

Cvent CONNECT is Cvent's annual customer and industry conference, one of the world's largest event and hospitality technology conferences, bringing together thousands of event professionals, marketers, and hospitality leaders. The conference provides networking opportunities, industry insights, product updates, and best practice learning for the global events community. Cvent CONNECT serves as a showcase for industry trends, a platform for customer success stories, and a gathering where the events industry comes together to shape the future of meetings and events.

Question 15

What is Cvent's ownership structure and history?

Accepted Answer

Cvent was founded in 1999 and went public on the NYSE in 2013 at $21 per share, reaching a market cap exceeding $1 billion. The company was acquired by Vista Equity Partners in 2016 for $1.65 billion and returned to public markets in 2021 through a SPAC merger on Nasdaq. In June 2023, Blackstone completed its acquisition of Cvent for $4.6 billion with minority investment from Abu Dhabi Investment Authority, making it a privately held company backed by leading global investors and positioning it for continued growth and innovation.

Question 16

How does Cvent use AI to improve event management?

Accepted Answer

Cvent integrates AI across its platform through CventIQ, which includes an AI Writing Assistant for content creation, AI-driven attendee chatbots for real-time support, predictive registration analytics to forecast attendance, and instant session insights for performance measurement. The AI capabilities also power natural language reporting that transforms complex data into actionable insights. These tools help event professionals save time on administrative tasks, make data-driven decisions, improve attendee experiences, and ultimately measure and maximize event ROI.

Cvent

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Frequently Asked Questions

What is Cvent and what does it do?

When was Cvent founded and by whom?

What inspired the creation of Cvent?

What products and solutions does Cvent offer?

What is Cvent Essentials?

What is CventIQ and what capabilities does it provide?

How many events has Cvent managed and how many customers does it serve?

What makes Cvent a leader in the event management industry?

What is the Cvent Supplier Network and how does it work?

What role does the Cvent Venue Directory play?

What types of events can be managed using Cvent?

How does Cvent help organizations engage attendees?

Is Cvent a trustworthy and secure platform?

What is Cvent CONNECT and why is it important?

What is Cvent's ownership structure and history?

How does Cvent use AI to improve event management?

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