Method Raises $3M Series A To Help It Spread CRM Solution Beyond QuickBooks To Other Accounting Platforms

Funding Rounds

Summary

Method, a Toronto-based CRM solution, today announced the closing of a $3 million dollar investment round led by Klass Capital. The startup already numbers its users in the thousands in the U.S., and also hopes to aggressively expand into South America, Europe and Asia with the help of the funding, thanks to an increase in hiring across all functions. The team has recently grown to 25 to help satisfy increasing demand, according to CEO and founder Paul Jackson. Demand is on the rise because Method offers a specific take on CRM that appeals to SMBs who don’t want to worry about learning new systems as their needs change, or bringing on heavyweight in-house tech expertise. We feel this allows them to be more agile and more efficient, since we allow them to have a system that adapts to them.” While Method has been around for a few years, this marks the first time the company has taken on investment from an outside source.

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Amount $2.8M Total raised
Date September 1, 2010 Announcement date
Investors Klass Capital Lead investors
Company http://www.method.me Funded company

Classifications

industries
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applications
Accounting and Taxes

AskAI Classifications

Labels
CRM Software Accounting Software Integration Field Service Management Software

Linked Companies

Method
$5M to $10M
Method Integration
$1M to $5M