Party.Space is a metaverse platform for hosting virtual corporate events, online community parties, and DAO meetings. The company’s core product offers community-first microverses (e.g., the Doge temple) and token-gated access via integrations like Guild.xyz. Party.Space has operated for two years and is rated highly on G2 analytics (Spring 2022); the majority of its team is located in Ukraine. It lists customers and partners including Slack, Zapier, Epidemic Sound, and Scania, and has been used for fundraising and community events. The startup supported Ukrainian relief efforts and hosted NFT auction ceremonies with MetaHistory that surpassed $1.5M and were transferred to the Ukrainian volunteer corps. Party.Space plans to expand its metaverse offering for DAOs and communities and is considering selling metaverses as NFTs; the recent financing will be allocated toward that expansion. Party.Space builds a metaverse-themed virtual events platform that blends game-like features and virtual events to create 3D spaces and a gallery of 11 venue types for corporate and community events. The platform supports activities such as board games, musical bingo, afterparties, and rooms with tables to facilitate socializing and collaboration. It provides analytics to clients on attendance length, behaviors, group formation, and content preferences; Epicdemic Sound's event averaged three hours and seven minutes per attendee, and the company has hosted musical bingo rooms of over 500 people. Party.Space targets large corporate events accessible via laptop/desktop and has hosted events with sustained engagement (one event lasted 130 minutes with 75% active participation) and customer requests for venues supporting up to 5,000 people. Founded in May 2020 and based in Kiev, Ukraine, the company has 23 employees and clients including Scaleway, Wargaming, Grammarly, Epidemic Sound, Plug'n'Play, Scania, and DevGamm. It plans to use new funding to scale sales, explore new applications, launch its first metaverse setting, and create a purpose-driven NFT collection.

Total raised

$2M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2022