Broadly Raises $10M in Series B Funding

Funding Rounds

Summary

Broadly , an Oakland, CA-based mobile-first chat platform for local businesses, raised $10M in Series B funding.The company intends to use the funds to refine and expand its new communications tools and hire a number of product and technical roles over the remainder of the year and into 2019.Led by Josh Melick, CEO and Co-founder, Broadly is building communications tools that enable local businesses such as painters, roofers, pool and spa repair experts, veterinarians, and other local businesses to connect with mobile-first consumers, who prefer real-time, responsive communications via text, email, and phone.The company’s product suite began with helping local businesses gather social proof of their credibility through authentic online reviews on popular consumer review sites.Thousands of business owners, managers, and team members use Broadly every day to run their businesses from anywhere, in real time.

$ Funding

$
Amount $10.0M Total raised
Date September 27, 2018 Announcement date
Investors Broadly, Foundry Group Lead investors
Company http://www.broadly.com Funded company

Classifications

industries
Retail
applications
Accounting and Taxes

AskAI Classifications

Labels
Software SaaS AI Customer Engagement

Linked Companies

Broadly
$10M to $25M