PanIQ is not your ordinary company and Akos is not your next-door start-up founder. The fundamental idea behind bringing up PanIQ roots deep within his emotions to bring back groups of people (family or friends) together at one place. This one place is where they can disconnect from the virtual world for a few minutes or hours and have real bonding with their friends, family, colleagues, or more.
Who is Akos Gabossy?
Akos Gabossy is a 35-Year-Old Hungarian National. His journey to set up PanIQ and take it to the next level was severely impacted by the pandemic. All businesses that require a gathering of people were affected, and PanIQ was one of them.
But with the pandemic slowly fading away and lives returning to normal in the USA, more and more people are now thronging outdoors to do all kinds of activities.
What is PanIQ?
PanIQ is a location-based entertainment service. Essentially they are escape rooms. They provide users with an amazing experience where they become characters of an ongoing story and have to solve a mystery to get out of the room, aka escape it.
PanIQ is already present across multiple US Locations and outside the US as well. But, every company needs a flagship store that they can boast of. PanIQ’s newest Escape room in Las Vegas is their best creation to date. The Las Vegas flagship store was also possible due to Mr. Enro Varadi who made an investment into this.
Now, since everything is almost back to normal. The growth of PanIQ is almost unstoppable with nothing that can come in their way now. Akos Gabossy has done some excellent work in taking the right decisions at the right time to ensure the company grows properly.
HiVentues Invested $8.5 Million in Akos Gabossy’s PanIQ
HiVentures is a Hungarian venture capital firm that could clearly see and understand that PanIQ is the next big thing in the world of escape rooms. They invested a sum of 8.5 million dollars to help the company open up more stores at more locations and grow the franchisee.
New & Upcoming locations of PanIQ include
- San Diego
- New York City
- Los Angeles
With these new stores and an ever-increasing amount of physical presence, escape room has two major goals.
- Reach $10 Million in Revenue
- Become the biggest Escape Room Brand on Earth
Akos Gabossy’s strategies have helped PanIQ Stay ahead of the competition
Trust me when I say this – there is competition in the Escape room business. When we interviewed him, he stressed the point that it is important for any business to forego short-term profits and think only about the long term.
Their brand is middle of an amazing journey that includes overcoming the worst pandemic in modern human history. Bringing a brand from Hungary to the American market was a herculean task and Akos has done a great job when it comes to business.