Montreal, Canada – [Date] – Planned, a rapidly growing SaaS company specializing in corporate event and travel planning tools, announced today a CAD$35 million Series B funding round led by prominent venture capital firm Drive Capital. The funding will fuel Planned’s expansion into new markets and accelerate the development of its innovative platform.

Planned’s platform offers a comprehensive solution for companies looking to streamline and simplify their corporate event and travel planning processes. The platform boasts a suite of features including:

Event Management: Seamlessly manage event logistics, from venue booking and catering to registration and guest communication.
Travel Booking: Effortlessly book flights, hotels, and car rentals for your team, all within one platform.
Expense Management: Track and manage event and travel expenses efficiently.
Real-time Collaboration: Collaborate with colleagues and vendors in real-time to ensure smooth event execution.

“[Quote about Planned’s vision and the impact of the funding]”, said [Name], CEO and Founder of Planned. “[Quote about future plans, including market expansion and product development]”.

“We were impressed by Planned’s commitment to providing a user-friendly and powerful platform that simplifies the complex world of corporate events and travel,” said [Name], Partner at Drive Capital. “[Quote about Drive Capital’s investment thesis and why they believe in Planned’s future]”.

The Series B funding round follows a successful seed round in 2020, showcasing Planned’s rapid growth and traction in the market. The company has seen significant adoption from both large enterprises and smaller businesses across various industries.

Planned’s focus on providing a seamless and intuitive experience for event and travel planning has positioned the company as a leader in the rapidly growing corporate events and travel technology space. With this significant investment, Planned is poised to further its mission of empowering businesses to host successful and memorable events while simplifying the travel experience for their employees.