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Cvent and Reposite Join Forces

Cvent and Reposite team up to bolster Cvent’s vendor-sourcing database

By Todd R. Berger

Cvent acquires New York City-based event planning platform Reposite. || Courtesy of Cvent

Cvent and  Reposite, an AI-powered online vendor and supplier-sourcing platform based in New York City, will partner after Cvent’s acquisition of the company. Founded in 2020 by Heather Stupi and Alexa Berube, Reposite streamlines the meeting and event planning process with its curated database of more than 35,000 group-friendly offerings, robust request for proposal (RFP) creation tools, and AI-powered matching solutions. Thousands of event professionals and leading third-party planners rely on Reposite for their vendor-sourcing needs.

“Cvent has been a driving force for the meetings and events industry and a long-time inspiration for our business,” says Alexa Berube in a prepared statement. “Since founding Reposite in 2020, our aim has always been to create a platform that fuels supplier discovery and seamlessly connects event and travel professionals to the critical vendors they need to deliver successful events.”

Through the acquisition, Cvent, based in Tysons, Virginia, enhances its vendor and supplier sourcing offerings, supporting event professionals and third-party planners with:

  • Broadened Supplier Discovery and Coordination:  Reposite will extend Cvent’s sourcing offerings with a diverse inventory of vendors across 10 event-related categories including transportation, restaurants, entertainment, staffing, and gifting. In addition, Reposite’s technology will help to grow and expand the Cvent Vendor Marketplace, which offers users a curated network of vendors to support in-person, virtual, and hybrid event requirements.
  • AI-Powered Supplier and Vendor Matching: Reposite’s AI Matching technology pairs planner RFPs with the best-fit suppliers based on geography, group size, event dates, target audience, and other user preferences. This innovative matching solution removes the manual effort typically required to source and fine-tune a curated vendor list.
  • Streamlined End-to-End Group and Event Planning: Reposite is purpose-built to power the entire vendor-sourcing process—from searching for suppliers and generating RFPs to quote management, customized proposal creation, and payments—all within a centralized, easy-to-use workspace. The platform approach aims to streamline communication and improve efficiency for both event professionals and vendors, ultimately helping deliver greater return on investment.

6.11.24 Cvent and Repost team up to bolster Cvent's venue-sourcing, including finding caterers
Cvent and Reposite will combine expertise in venue sourcing, including finding caterers, using artificial intelligence (AI). || Photo by Maksim Shebeko, courtesy of Adobe

“This announcement marks an exciting new chapter for our Reposite team,” says Heather Stupi. “We’re excited to join an industry leader who shares our passion for connecting the meetings and events ecosystem and powering the human connection through in-person events.”

“Alexa and Heather have built an impressive vendor-sourcing solution in a very short amount of time, and we’re excited to bring their talented team and innovative technology to Cvent,” says Reggie Aggarwal, Cvent CEO and founder. “Reposite is a perfect complement to our own hotel and venue sourcing platform, and aligns seamlessly with our vision of creating a global marketplace where the meetings and events ecosystem can come together to deliver exceptional experiences.”

cvent.com

reposite.io

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