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Speakeasy Secures $8.8 Million to Unify Live Experience Operations

Speakeasy, a platform designed to streamline the disjointed technology stacks used by nightlife and entertainment venues, has closed an $8.8 million oversubscribed funding round. Led by Positive Sum, the investment marks the company’s first institutional financing after three years of bootstrapping toward profitability with 500% year-over-year growth.

Speakeasy Secures $8.8 Million to Unify Live Experience Operations
Photo: Bio & News

Founded in 2023 by Paul Stacek, Tamas An, and Alex Manavi, the New York-based startup functions as a centralized command center for hospitality and event operators. The platform replaces fragmented legacy tools by integrating ticketing, reservation management, 3D premium booking flows, and fraud defense into a single interface. Current clients include major industry players like TAO Group Hospitality, Fontainebleau Development, and E11EVEN.

The capital injection will fuel expansion into new geographies and verticals while accelerating the development of predictive intelligence features. According to CEO Alex Manavi, the company aims to collapse the operational stack, allowing venues to prioritize guest experience over managing disparate software. Patrick O'Shaughnessy, CEO of lead investor Positive Sum, noted that the platform’s success stems from its ability to support clients through the high-pressure, 24/7 nature of live events. With this new backing, Speakeasy intends to deepen its data-driven infrastructure to further consolidate the fragmented in-real-life economy.

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