T
TownSquare
Consumer Services · India · Founded 2017
AI-powered application for personalized event discovery. MoreLess
TownSquare was a technology venture that operated an AI-based event discovery platform in New Zealand. The company was founded in 2017 by Ben Costeloe and Tariq Kusabs, and it ceased active development at the beginning of the COVID-19 pandemic in 2020. Both founders brought startup experience to the venture, with Costeloe having a background as an analyst and founder of the student-focused startup Adieu, and Kusabs having experience in customer success and account management roles at other tech companies. The company's primary product was a platform designed to help users find local events tailored to their interests. It addressed the challenge of event discovery by creating a personal 'taste profile' for each user. The platform's artificial intelligence would then recommend events, aiming to expose users to experiences they might not have discovered through traditional search methods. This approach was intended to help people break out of their 'filter bubbles' and find new activities. In 2018, TownSquare was selected to participate in the Mahuki innovation accelerator, a program run by the Museum of New Zealand Te Papa Tongarewa. This placement provided the startup with NZ$20,000 in seed funding and mentorship to develop its platform further, specifically targeting the cultural sector. The business operated on a business-to-consumer model, with the platform offered directly to the public to enhance their social and cultural experiences. However, the global pandemic's severe impact on the live events industry led to the suspension of work on the platform in 2020. Keywords: TownSquare, event discovery, artificial intelligence, AI platform, New Zealand startup, Mahuki accelerator, Te Papa, event recommendation, taste profile, personalized events, cultural technology, local events, Ben Costeloe, Tariq Kusabs, Wellington tech, social events platform, event tech, Adieu, startup ecosystem NZ
Company overview
TownSquare company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2017
- Headquarters
- India
- Employees
- 4
- Open positions
- None listed
- Dealroom signal
- 77.2
Valuation & funding
TownSquare funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | May 2026 | $16M | $65M | Amber Group · Kintsu · Donut · DoraHacks | ↗ |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 4 |
| 2025 | 2 |
| 2024 | 2 |
| 2023 | 2 |
| 2022 | 3 |
| 2021 | 4 |
Growth signals
TownSquare team growth
TownSquare's team grew 100% over the past year.
Comparisons
TownSquare compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
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|---|---|---|---|---|---|
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London, United Kingdom | Acquired | 2 | — | — |
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Pipesmart.aiAI-powered CRM copilot for automating sales tasks |
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Oscar chatAI-powered chat platform for support and sales |
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OptivianAI-powered sales execution platform for enterprise deals |
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Talent graph
TownSquare's talent
Source: Dealroom Talent Intelligence.
Investors
5 investors on TownSquare's cap table
Sourced from Dealroom's funding and investor records.




Global footprint
Where TownSquare has talent and traffic
In the news
Latest news about TownSquare
Recent press, funding announcements, and product moves mentioning TownSquare — open to read from the original sources.
Market sentiment
What the market is saying about TownSquare
An AI-synthesized read of the highest-engagement posts about TownSquare on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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