OnePlan secures £5m to digitally map venues for event planning
Events planning software company OnePlan has secured $6m (£5m) in investment from Elysian Park Ventures and Verance Capital.
The London-headquartered firm’s software has been used for live events at Silverstone, Arsenal Football Club and will be used in the upcoming Paris 2024 Olympic and Paralympic Games.
Event planners can use OnePlan to simulate event scenarios such as arrival and exit flows along with staff, crowd and traffic management.
Organisers can use OnePlan’s software to create a ‘digital twin’ of a physical venue to map out objects and staff.
Julian Kershaw-Weih, principal of Verance Capital, said: “Live events are an increasingly integral aspect of our society and OnePlan’s technology enables comprehensive and seamless event planning for stadiums and venues, as well as intuitive software that suits any event organiser.”
Its latest funding boost comes less than a year later after it raised £4.1m in a round last April.
“It’s heartening to see how our customers, at some of the biggest venues in the world, get immediate operational and security benefits from using OnePlan,” said Paul Foster, founder and CEO, OnePlan.
OnePlan, which was founded by Foster in 2019, said it will use the funding to continue expanding its presence in the US market, where it recently hired a director for North America.
Its competitors include Slingshot Simulations, a University of Leeds spinout, which received £3m in Series A funding in January.