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Meetup Inc.

Private Company Ticker Symbol™: (MEETUPP)

Business Summary

Meetup Inc. is a privately-held online network of local groups. Meetup enables users to organize a local group or find one that already exists in their community. Meetup Inc. is headquartered in New York, NY and was founded by Scott Heiferman, Brendan McGovern, and Greg Whalin.

Jump to Meetup Inc.: Detailed Business Description for more details on Meetup Inc. products and services, financial structure, Meetup Inc. major business events, and more.

Overview & Corporate Organization

Basic Information

Year Founded:2002
Fiscal Year End:12/31
1YR Revenue Growth Rate:View %
3YR Revenue Growth Rate (CAGR):View %
1YR Employee Growth Rate:View %
3YR Employee Growth Rate (CAGR):View %
City:New York
State/Province:New York
Country:United States
Website:www.meetup.com

Corporate Organization

Founders:
Brendan McGovern
Greg Whalin
Matt Meeker
Peter Kamali
Scott Heiferman

Industry Information

Industry Codes

PICS™:900319
NAICS:View
SIC:View

PrivCo Industries (Sector > Industry > Sub-Industry)

Internet > Internet Services > Social Media

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Competitors & Comparables

Charts, Financials, and Statistics (Table Format)

Below are Meetup Inc. financials and other business metrics displayed in table format.
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Income Statement201220112010200920082007
Revenues ViewViewViewView 
Employee Figures201220112010200920082007
Total EmployeesViewViewViewViewViewView
Productivity (Revenue/Employee) ViewViewViewView 
Notes
Financial Notes:
*Meetup Inc. fiscal year end: 12/31
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Charts, Financials, and Statistics (Graphs)

Below are Meetup Inc. financials and other business metrics displayed in table format.
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Meetup Inc. Revenues ($ MM):
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Meetup Inc. Total Employees:
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Meetup Inc. Productivity (Revenue/Employee) ($):
(Revenue Per Employee, Displayed as graph)

Sample Graph
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VC/Funding Activity

PrivCo's VC/Funding Activity table for Meetup Inc. displays the venture capital rounds, angel investments, debt or other funding raised by Meetup Inc..
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DateInvestorRoundInvestor Type
Jan. 2003Draper Fisher JurvetsonAVenture Capital
DetailsTotal Round A $1,035,000
Nov. 2003Draper Fisher JurvetsonBVenture Capital
Nov. 2003Omidyar NetworkBVenture Capital
DetailsTotal Round B $5,246,010
Mar. 2006ViewCVenture Capital
Mar. 2006ViewCVenture Capital
Mar. 2006ViewCCorporate
DetailsTotal Round C View
Jul. 2008ViewDVenture Capital
DetailsTotal Round D View
Total of Funding Shown Above View

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Detailed Business Description: Meetup Inc.

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Meetup Inc. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Business Overview

Meetup, Inc. designs, operates, and maintains Meetup.com, a website that allows users to set up local groups for just about anything. Groups can then organize events and meetups among members. The Meetup platform is built to be user friendly and intuitive in order to attract and retain users. Meetup constantly updates the design and functionality of the Meetup site to meet customer demand and preferences. Meetup charges organizers to set up groups and maintain their event page.

Competitive Strengths

Meetup, Inc. does not operate under a command and control bureaucracy, instead utilizing the idea of the “hackathon” to develop new ideas and projects. This means allowing employees to pitch new projects and form their own teams. The methodology promotes employee commitment to projects and has increased project effectiveness and completion at Meetup. As a developer focused company, Meetup benefits greatly from having their developers being more attached to… Continue Reading →

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Supplemental Resources

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