Funding
Mostest Raises $4 Million Seed Round Led by Capital Q Ventures, NEXUS and T-Squared Social
By News Desk ·
Key takeaways
- Mostest raised $4 million in an oversubscribed seed round led by Capital Q Ventures, NEXUS Luxury Collection and T-Squared Social.
- The financing carries a $16 million post-money SAFE valuation cap.
- Mostest reports facilitating more than $126 million in event spending across over 1,700 events.
Mostest, a New York City-based AI-powered event booking platform, raised $4 million in an oversubscribed seed round 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. citybiz reported the financing on October 27, 2026, and the round carries a $16 million post-money SAFE valuation cap.
Mostest's Investors and Use of Proceeds
Wildwood Ventures, Locker Room Capital and Newbond joined the round, along with strategic investors and advisors Todd Deutsch, Charlie Walk, Jeffrey Davis and Neal Luthra. EIN Presswire reported that the funding will accelerate AI technology development and enterprise partnerships. Mostest said the new capital will support continued AI product development, deeper integrations with hospitality partners, expanded enterprise relationships and entry into additional markets.
Mostest was founded by CEO Sarah Klingman and co-founder and Chief Technology Officer Aaron Kennedy. The company reports facilitating more than $126 million in event spending across over 1,700 events and generating seven-figure revenue during its early development. "We live in a world where almost everything is instantly accessible, yet booking an event still feels like it did 20 years ago," Klingman said.
Michael "Q" Quatrini, CEO of Capital Q Ventures, said Mostest has demonstrated early commercial traction while addressing inefficiencies in hospitality sales and event management. "Sarah and her team have demonstrated an ability to translate that opportunity into meaningful traction," Quatrini said. Capital Q Ventures, founded in 2017 and headquartered in Maitland, Florida, is an alternative investment manager focused on venture capital, private equity and private credit.
Mostest's Earlier Funding Rounds
According to akta.pro company records, Mostest closed a $400,000 seed round led by Wildwood Ventures in June 2024, providing initial capital to scale the AI platform and team. The same records list a September 2025 seed round led by Capital Q Ventures Inc. and two funding rounds on record.
| Round | Date | Amount | Lead investor |
|---|---|---|---|
| Pre-seed | June 2024 | $400,000 | Wildwood Ventures |
| Seed | September 2025 | Not stated | Capital Q Ventures Inc. |
Eventtech Deals Elsewhere in October
Wamda.com reported on October 22, 2026, that INVE, a Saudi-based eventtech startup, raised $300,000 in pre-seed funding from Outliers VC, with a platform that has supported 250 events across more than 60 GCC cities. TradingView reported on October 19, 2026, that Phunware posted an updated investor presentation and will present Phunware 2.0 at LD Micro on October 20, 2026, with $92.1 million cash, $0 debt and 1H 2026 net revenue of $1.3 million at a 69.7% gross margin.