Mostest Raises $4M in Seed Funding for AI Event Booking

Mostest, a NYC-based provider of an AI-powered event booking platform, has raised $4 million in a seed financing at a $16 million post-money SAFE valuation cap.

The round was led by Capital Q Ventures, NEXUS Luxury Collection, and T-Squared Social, the hospitality and entertainment venture co-founded by Tiger Woods and Justin Timberlake. Additional participants included Wildwood Ventures, Locker Room Capital, and Newbond, along with strategic investors and advisors Todd Deutsch, Charlie Walk, Jeffrey Davis, and Neal Luthra.

The company will use the funding to develop its AI technology, strengthen hospitality partnerships, expand enterprise relationships and enter additional markets.

What is Mostest?

Mostest is an AI-powered platform that helps individuals and businesses discover, plan and book events. Founded to simplify event booking, the platform connects customers with hotels, restaurants, venues and hospitality operators.

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For hospitality businesses, Mostest provides an AI-powered sales and booking system that helps manage inquiries, prepare proposals and secure event bookings. It helps operators generate additional revenue without significantly increasing their sales teams.

For individual and corporate customers, the platform brings together venue discovery, transparent pricing, vetted vendors and event planning support. It helps customers manage the process from choosing a venue to organizing an event.

How Much Funding Has Mostest Raised?

Mostest has raised $4 million in its seed funding round. The round valued the company at a $16 million post-money SAFE valuation cap. Details of previous funding rounds and total funding raised were not provided.

Who Invested in Mostest’s Seed Round?

The round was led by Capital Q Ventures, NEXUS Luxury Collection and T-Squared Social.

Additional participants included Wildwood Ventures, Locker Room Capital and Newbond. Strategic investors and advisors Todd Deutsch, Charlie Walk, Jeffrey Davis and Neal Luthra also participated.

Why the Funding Matters

Mostest will use the new capital to improve its AI technology, deepen integrations with hospitality partners and build stronger relationships with enterprise customers.

The funding will also support the company's expansion into additional markets as it works to make event booking more efficient for customers and hospitality businesses.

Who founded Mostest?

Mostest was founded in 2023 by Sarah Klingman and Aaron Kennedy. The company is based in New York City.

“Mostest is addressing a significant inefficiency in the hospitality industry by transforming how events are discovered, booked, and executed. Sarah and her team have demonstrated an ability to translate that opportunity into meaningful traction. We believe their approach has the potential to reshape how hospitality operators capture demand and generate revenue, and we’re excited to support their continued growth, "Michael “Q” Quatrini, CEO, Capital Q® Ventures Inc.

Market and Business Growth

Mostest is testing its technology with major hospitality groups, hotel chains and Fortune 500 companies. These relationships are intended to support its growth in enterprise event booking and hospitality partnerships.

The company operates in the event-booking market, where hospitality businesses seek more efficient ways to manage inquiries and secure bookings.

What Happens Next?

Mostest plans to continue developing its AI platform, expand integrations with hospitality partners and strengthen its enterprise relationships. It also aims to enter additional markets and help customers book events through a more integrated process.

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