Problem

Corporate event planning is a labor-intensive, fragmented process. Executive assistants, chiefs of staff, and operations teams can spend weeks researching venues, cold-emailing hotels, chasing proposals, interpreting contracts, and coordinating room blocks across spreadsheets. The central use case is the corporate offsite, retreat, kickoff, or leadership meeting—especially when a lean team must organize a multi-day event without hiring a dedicated planner. The economic pain is both labor and purchasing inefficiency: the company says 65% of enterprise meeting spend is unmanaged, while poor venue selection can lead to inflated prices and missed cancellation terms.

Product / Service

Nowadays is an AI-native corporate event planning platform combined with an execution and support service. A customer describes the event’s dates, headcount, budget, location preferences, and style; the system searches a database of more than 400,000 venues, contacts venues by email and phone, negotiates rates and concessions, extracts information from lengthy hotel proposals, and presents comparable options. It also supports registration, attendee logistics, room blocks, vendor coordination, budgeting, and post-event reconciliation, with human specialists providing oversight and on-site support.

The benefit is to replace much of the manual planning stack with an automated workflow that can source venues in minutes rather than days, compare proposals in seconds rather than hours, and potentially secure rates and concessions unavailable through direct booking. The delivery model combines software with managed execution: customers can use the platform while Nowadays handles communications and negotiations on their behalf. The company has described monetization through an annual subscription or a 5% event sourcing fee, plus a 7–10% hotel commission.

Market

Nowadays competes in corporate event management, venue sourcing, group travel, and meetings-and-events technology. Its most direct established competitors include Cvent, RainFocus, and Tripleseat; Cvent is the clearest legacy-platform comparison, while Nowadays positions itself as AI-native rather than an older event-management system with AI added later. Its differentiation is the combination of proprietary AI outreach and negotiation, a large venue database, and a managed-service layer rather than merely providing planning software.

The company is not pre-revenue based on its disclosed operating claims: it has said it is profitable, has booked more than $4 million in events, and charges transaction and subscription fees. Its reported customers include Google, Airbnb, BlackRock, Anthropic, Pylon, and Mintlify, with use cases ranging from small executive dinners to 500-plus-person company kickoffs; the YC profile also describes companies running thousands of meetings through the platform annually. Founded in 2023 and listed as active by Y Combinator, Nowadays had also secured $2 million in funding by December 2024, although the available evidence does not establish a current revenue figure or valuation.