Special Announcement: Contactually Series A
November 10, 2015
Contactually was founded in 2011 with a few initial beliefs. These have guided everything that we've done for the past four years. And today, I'm happy to come to you with some great news.
In the spirit of transparency, one of our core values
, I want to open with sharing them.
The most successful businesses in the world will be built upon personal, authentic relationships with their clients and partners.
Announcing the Contactually Series A
What they teach you in school is just the start. Being good at your craft is table stakes in today's world. The key to our future -- the gatekeeper to success -- is the people that we surround ourselves with. People do business with people they know, and therefore the world needs a platform - a system - a team - that helps them engage with and leverage their key relationships.
Software should work for you, not require more work out of you.
It's no secret that traditional business and enterprise software requires more work out of the end-user than actual value to them. When we're home, we demand nothing but the best out of our software and our interfaces. If something is too hard, too slow, or too confusing, we will immediately move on. An end user is just a consumer at work.
There's huge untapped potential in the biggest software market
CRM is soon to pass ERP as the biggest overall business software
. Yet, when you walk into the average real estate brokerage, law firm, consulting agency, or small business -- the average "CRM" is a spreadsheet. That's because the top-down, enterprise-focused transactional CRM don't fit the needs of millions and millions of professionals.
Building the best company requires building the best culture.
We knew that Contactually would require more than the three founders. Having the right team is crucial. Hire the absolute best and brightest people. Establish clear values, mission, and alignment. Pay them well, with competitive benefits to ensure they are well taken care of.
Beyond the 55+ strong team that works on Contactually day in and day out, we're fortunate to surround ourselves with best-in-class mentors, advisors, and investors. By the way, we're hiring.
And today, I'm happy to announce that Contactually has raised $8 Million in Series A financing. Our opportunity to bring our vision to the world has never been stronger.
We've been fortunate to bring Grotech Ventures, Rally Ventures, Correlation Ventures, and real estate influencer Tom Ferry onto our team. They're joining an already stellar cast of investor partners -- Point Nine Capital, 500 Startups, Bull City Venture Partners, Middleland Capital, Boston Seed, Flight.VC, and many angel investors. You've believed in us -- many of whom well before there was anything to believe.
As important as the capital, which enables us to grow the team to build rocketship Contactually, we're excited to bring on two new partners on to our team.
"We've been tracking Contactually's progress for some time, and believe they're on to a multi-billion dollar market opportunity," said Jeff Hinck, general partner at Rally Ventures. "In a short time so far, they've built an impressive team and culture, a solid product, and significant revenue."
"We're impressed by the superior execution of the innovative ideas by Zvi and team, and the traction so far with customers is remarkable," said Don Rainey, general partner at Grotech Ventures. "We're excited to partner with another unfolding DC success story."
Where we go from here
We spent the past four years proving ourselves. Proving that we can build a product that fulfills our vision. Proving that we can market and sell it. Proving that we can build a strong team and culture to support it.
Looking forward, there's a ton on our plate already -- improving our mobile experience, streamlining the user experience. But honestly, we're just scratching the surface of what's possible.
If you want to join the best SaaS team, join us.
Contactually Raises $8M Series A to Expand Relationship Management VisionWASHINGTON, DC - November 10, 2015 - Contactually, the relationship management platform for service-oriented professionals, announced today an $8 million Series A led by Rally Ventures and Grotech Ventures with participation from Correlation Ventures and prior investors including Point Nine Capital, Middleland Capital, Bull City Venture Partners, as well as real estate influencer Tom Ferry. Founded in 2011, Contactually has raised $12 million in funding to date and prior investors include 500 Startups, Boston Seed and the SaaS Syndicate on AngelList.Contactually enables thousands of customers generate more business, ranging from individual professionals up through 2,000 seat enterprises and beyond."Contactually helps teams generate more business from their existing networks by aggregating data from email, calendars, spreadsheets, and more, through surfacing key fading relationships," said Zvi Band, CEO and co-founder of Contactually "Initially, we saw a gap where business contact managers weren't servicing this need. The most important thing for a professional is to quickly identify who they need to talk to, when they need to talk to them, and what they need to say. That's been our thesis from day one.""We're impressed by the superior execution of the innovative ideas by Zvi and team, and the traction so far with customers is remarkable," said Don Rainey, general partner at Grotech Ventures. "We're excited to partner with another unfolding DC success story.""We've been tracking Contactually's progress for some time, and believe they're on to a multi-billion dollar market opportunity," said Jeff Hinck, general partner at Rally Ventures. In a short time so far, they've built an impressive team and culture, a solid product, and significant revenue." Contactually will be using the funding to continue ramping the sales, marketing and engineering teams in order to . It plans to continue building out the it's relationship management and engagement platform, expanding on mobile platforms."Most CRM platforms, such as Salesforce and SugarCRM, focus primarily on tracking a sales funnel, selling to transactional sales teams," said Tom Ferry, one of the most prominent coaches and powerful people in real estate."Contactually has focused elsewhere, primarily on the professional services market, where follow-ups are key and the most prominent way of tracking relationships are in spreadsheets. Contactually has had particular success selling to legal practices, real estate brokerages and individual agents, where the buying cycle can span years, and personal referrals are the primary source of new business. "From organizing your relationships to following up and staying connected Contactually allows us to do it with ease. The solution is a no brainer for all of us."About Contactually: Contactually believes that the most successful businesses in the world will be built upon personal, authentic relationships with their client and partners. By helping relationship focused individuals expand their opportunities with authentic and timely engagement, Contactually's platform empowers these individuals to better their network, which with better their overall business. Founded by Zvi Band (CEO), Tony Cappeart (COO), and Jeff Carbonella (CTO), Contactually is a 50 on Fire Awardee, Trending Top 40 Company, DC's Best Company Culture, and Washington Tech Titan.
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