Pipedrive Closes $3.4M Seed Funding

Funding Rounds

▤ Summary

Pipedrive, a Tallinn, Estonia- and San Francisco, CA-based provider of a cloud sales platform, closed a $3.4m seed funding.The round was led by Rembrandt Venture Partners and Storm Ventures, with participation from: – TMT Investments, – Taavet Hinrikus (Transferwise), – Ott Kaukver (Twilio), – Rain Rannu (co-founder of Fortumo) and – Tytus Michalski (managing director of Fresco Capital Advisors).Founded in 2010 by CEO Timo Rein, Pipedrive makes cloud based sales software which features tools for sales pipeline and reporting, Google Apps integration, email tracking, Google Maps integration, data import & export.The software is used by more than 30000 paying users in over 100 countries, The US, Brazil, the UK, Canada and Australia are the biggest markets.The company currently employs 21 people in offices in California and Estonia.

$ Funding

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Amount $2.4M Total raised
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Date September 18, 2013 Announcement date
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Investors Storm Ventures, Pipedrive, TMT Investments PLC, Rembrandt Venture Partners, Fresco Capital Lead investors
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Company http://www.pipedrive.com Funded company

▥ Classifications

industries
No industries detected
applications
AI & Machine learning

◇ AskAI Classifications

Labels
CRM Software Sales Automation SaaS

▦ Linked Companies

Pipedrive
$100M to $250M