Finance

Fuel Ventures leads £525k investment in Eventwise to scale event budgeting platform

Eventwise, the end-to-end budgeting platform built for event professionals, has raised £525,000 in a funding round led by Fuel Ventures. The raise, completed on 30th June, marks a major milestone for the fast-growing startup as it scales its platform and infrastructure to meet increasing demand across the events sector.

Designed to replace outdated spreadsheets and fragmented systems, Eventwise provides event teams with a single, intuitive platform to manage complex budgets. The tool streamlines financial planning, improves forecasting accuracy, and gives real-time visibility over spend — from pre-planning to post-event reconciliation.

The latest funding round will enable Eventwise to expand its platform in three key areas: accelerated product development, enhanced customer success functions, and strengthened operational capabilities to support expansion into new markets.

Commenting on the raise, Eventwise Founder and CEO Chris Cater said: “This raise is a major step forward in our journey. We’ve seen huge momentum over the past 12 months, and this investment allows us to push even further, improving our tech, deepening customer relationships, and building the operational backbone to scale with confidence. We’re excited to have Fuel Ventures continuing with us on this path.”

David Zarmalwal, CFO at Eventwise, added: “Our mission has always been to bring clarity, control, and confidence to event budgeting. This funding gives us the resources to deliver on that mission at a much larger scale. With stronger foundations in tech and operations, we’re set to serve more clients, more effectively, than ever before.”

Eventwise, which has already seen strong adoption from event teams across agencies, venues, and enterprise in-house teams, aims to solve one of the industry’s most entrenched challenges: managing event spend at scale. The platform has resonated particularly well with teams running multiple large-scale events where financial oversight and control are critical.

Fuel Ventures, one of the UK’s most active early-stage investors, has backed Eventwise since its early stages. The firm’s founder, Mark Pearson, said: “Eventwise is transforming a core part of the events industry — one that’s long been plagued by spreadsheets and inefficiencies. The platform Chris and his team have built offers a smarter, more scalable way to manage event spend. We’re thrilled to back them again as they double down on product and prepare for their next phase of growth.”

As the global events sector continues to rebound post-pandemic, demand for digital-first tools that enhance operational efficiency and financial transparency is rising fast. Eventwise is positioning itself as the go-to solution for budget-conscious, experience-driven event teams looking to scale operations without compromising control.

With this latest investment, the company says it is well-placed to capitalise on that trend — and set a new standard for how events are planned, delivered, and accounted for.

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