202009 Jan

SPOTIO raises $4.5 million from Ballast Point Ventures

Summary

SPOTIO will use the investment to accelerate development of its technology pipeline, add to its sales team, and intensify its marketing efforts. We look forward to this next leg of the journey and to continue to deliver a comprehensive solution to our many customers.” “As BPV has gotten to know Trey over the last couple of years, we have been very impressed with the growth and success SPOTIO has been able to achieve with minimal outside investment. “Trey is exactly the kind of entrepreneur that we want to work with, and we are excited about partnering with him after building a relationship with him for the last several years.” SPOTIO is a mobile-first solution for outside sales teams to eliminate guesswork, and focus on the highest impact activity. Sales reps receive access to the mobile application with targeted prospect data, historical knowledge of each account, and document management functionality. The BPV partners have more than 80 years of combined experience investing in and building high-growth companies in several industries, including software, technology-enabled business services, and healthcare.

Source: Prweb

Funding

$4.5M
Amount
Jan 09 2020
Date
-
Investor
SPOTIO
Company

Classifications

Companies