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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
client focusb2bbusiness modelSaaSindustryMusicsectorTheme EventssectorLive EventssectorgenAI ApplicationssectorWoman FounderindustryEvent Tech

Valuation & funding

TownSquare funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC May 2026 $16M $65M Amber Group · Kintsu · Donut · DoraHacks
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 4
2025 2
2024 2
2023 2
2022 3
2021 4
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Growth signals

TownSquare team growth

TownSquare's team grew 100% over the past year.

1-year team growth+100%
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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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Talent graph

TownSquare's talent

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Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

5 investors on TownSquare's cap table

Sourced from Dealroom's funding and investor records.

Series A 5 investors entered at this stage
Amber Group
Kintsu
Donut
DoraHacks
Aurora Ventures

Global footprint

Where TownSquare has talent and traffic

Workforce by country
🇮🇳 India HQ
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In the news

Latest news about TownSquare

Recent press, funding announcements, and product moves mentioning TownSquare — open to read from the original sources.

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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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