GramercyOne Raises $14.5M From Revolution, Others For Cloud-based Business Management Software

Funding Rounds

Summary

GramercyOne, a New York City-based provider of cloud-based business management and marketing software, has secured $14.5 million in Series A financing. Launched in 2010, GramercyOne offers a product called Booker Platform, a swiss army knife of software tools that enable companies to attract and reach out to customers through social commerce, group buying services, mobile and local advertising and social booking solutions. Its customers range from small-sized service companies like local spas, fitness centers, beauty salons and whatnot to big organizations such as Hilton Worldwide. The company’s leading applications finally make it as easy to purchase and schedule a service appointment online as it is to purchase a song or a book online.” Savage will be joining GramercyOne’s board of directors together with Grotech’s Don Rainey; the two also serve on the board of LivingSocial. Interestingly, GramercyOne was started after its SpaBooker platform was carved out as a business division within SpaFinder, a major spa media and marketing company.

$ Funding

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Amount $14.5M Total raised
Date October 19, 2011 Announcement date
Investors Ozie Group LLC, TDF Ventures Lead investors
Company http://www.booker.com Funded company

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industries
Retail
applications
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GramercyOne
$50M to $100M