Womply Raises $30M in New Funding
Summary
Womply, a San Francisco, CA- and Portland, OR-based provider of front office software for small and medium sized businesses (SMBs), raised $30m in growth equity financing.The round was led by Sageview Capital with participation from existing investors.The company, which has raised $50m in total from a combination of high net worth, venture capital, and growth equity investors, plans to use the new capital to hire engineering, devops, design, sales, marketing, business development, account management professionals, expand its product offerings and product and distribution partnerships with credit card processors, acquirers, and independent sales organizations (ISOs) to reach more small and medium business customers.Founded in 2011, and led by Cory Capoccia, President, Womply provides a SaaS, browser-based platform for small and medium businesses to manage common monitoring, analytics, and marketing needs including online presence and reputation management, customer and revenue analytics.The company serves tens of thousands of merchants, across 400+ business verticals such as restaurants, retail, auto, health and beauty, hospitality, medical, and more.