Meet Partiful, the Gen Z party-planning staple that's taking on Apple

When Shreya Murthy and Joy Tao decided to launch a party-planning startup in 2020, they settled on a business goal of "bringing people together in person."

The Covid-19 pandemic demanded the exact opposite.

Despite the challenge of the pandemic, Partiful survived, and five years later, the New York startup is now used by millions of people to plan events such as birthday parties, housewarmings and weddings.

The app's a favorite of those ages 20 to 30, and it's added 2 million new users since January, Partiful CEO Murthy told CNBC. The company has never revealed its exact base of monthly users.

Partiful drew attention on social media after Apple, known for replicating features from popular apps on the iPhone, launched its own event-planning service in February, and the startup posted a joke about "copycats" on its X account.

Of course, Partiful isn't the first party-planning app. It competes against not only Apple Invites, but also Eventbrite, Evite, Punchbowl and others.

Each service differs slightly in its target markets and features....
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