Confetti

About Confetti

Confetti operates as a comprehensive platform for virtual team-building and corporate events, catering primarily to remote and hybrid companies. The business was founded in 2017 by CEO Lee Rubin and CTO Eyal Hakim. The initial idea came to Lee Rubin in 2014 when, while working in B2B sales, she was tasked with planning a team event and sought an easier way to organize engaging corporate experiences. Originally focused on in-person events, the company strategically pivoted to a virtual-first model during the 2020 pandemic, a move that significantly expanded its market reach and scalability.

The company's core business revolves around an end-to-end service that manages the entire event process, from discovery and planning to execution. Clients can browse a catalog of over 400 experiences, including hosted games, DE&I workshops, wellness classes, and culinary events with shipped kits. This service is designed to alleviate the planning burden from employees, offering a seamless booking process with a happiness guarantee. Confetti's revenue is generated directly from these booked experiences, serving a large client base that includes major corporations like Google, Amazon, and Spotify. The platform also offers features like "Confetti Credits," a virtual currency system that allows companies to manage and budget for their events more efficiently.

Significant milestones include being named to the Inc. 5000 list in 2023 and securing a $16 million Series A funding round led by Entree Capital & IN Ventures, bringing its total funding to approximately $18 million. In 2025, Confetti expanded its offerings by acquiring Fun Team Events, a provider of live-hosted virtual games. The platform supports over 10,000 companies and has facilitated more than 52,000 events for over 1.7 million participants. The business model has proven successful, with the company reporting a $12 million revenue run-rate in early 2024.