May 12, 2021
Virtual conference platform Morressier raises $18M Series A funding led by Owl Ventures to fuel research innovation
Berlin, Germany, and Washington, D.C., USA
Morressier, the virtual conference and publishing platform for the scientific community, today announced an $18M Series A funding round led by Owl Ventures with participation from existing investors Cherry Ventures and Redalpine. The funding will allow Morressier to accelerate its growth and launch new community and analytics features that will increase collaboration and foster an ongoing conversation around conference content.
Across all fields, conferences play a pivotal role as the key place where knowledge and research findings are first shared. Yet valuable conference content often remains ephemeral, restricted to physical venues or computer screens and disappearing when an event ends. Unlike other virtual meeting providers, Morressier connects, indexes, and publishes all conference submissions in a digital library, ensuring this content can be accessed long-term and reaches an expanded audience beyond the initial attendees.
Sami Benchekroun, Managing Director and Co-Founder of Morressier, said: “The past year saw an unprecedented shift to the online realm and highlighted the importance of providing better ways to meet and exchange content, particularly in vital verticals such as medicine and R&D. At Morressier, we are harnessing this momentum to build a more accessible conference system, one in which all researchers can discover valuable content, build on each other’s ideas, and make progress faster. We are thrilled that Owl Ventures is joining us on this journey - with their vast experience as the largest investors in education technology, we couldn’t imagine a better partner to help us reach our goals."
Morressier will use this investment to scale its team across all departments and further grow its platform technologies. With this funding round, Owl Ventures joins an impressive list of existing investors in Morressier, including industry experts Annette Thomas (The Guardian, Clarivate Analytics), Jan Reichelt (Mendeley, Kopernio), Martin Jagerhorn (AVEDAS), Jan Maier (AVEDAS), and Pote Lee (iGroup).
“Morressier is unlocking and democratizing access to knowledge with its seamless end-to-end virtual conference platform, enabling learners and researchers around the world to share and advance innovative ideas and breakthroughs. We are incredibly impressed with the passion and dedication of the founding team – Sami, Justus, and Rino – and cannot wait to support them as they accelerate growth and become the global powerhouse in content-centric conferences,” said Tory Patterson, Partner at Owl Ventures.
Since its launch in 2014, Morressier has experienced impressive growth as the leading provider of virtual and hybrid conferences for academic and professional organizations around the world. In the past three years, the company has launched a Washington, D.C. subsidiary and expanded its offerings into publishing technology, partnering with prestigious societies such as ACS, IOPP, and SPIE on workflow, integrative solutions, and content hosting.
The world’s leading professional and scientific organizations trust Morressier to support their virtual and hybrid meetings, engage their users, and amplify their content. Founded in 2014, Morressier offers its clients a powerful platform, granular data and analytics, and extensive possibilities for revenue generation. At the same time, by increasing access to previously ephemeral content, Morressier helps accelerate breakthroughs and innovation.
About Owl Ventures
Owl Ventures is the largest venture capital fund in the world focused on the education technology market with over $1.3 billion in assets under management. The Silicon Valley based firm invests in the world's leading education technology companies across the education spectrum encompassing PreK-12, higher education and future of work (career mobility/professional learning). Owl Ventures has deep domain expertise and leverages a global network of Limited Partners, investors, and strategic partners to help entrepreneurs scale their businesses into transformative category leading companies.