Gainsight Raises $25M in Series C Funding

Funding Rounds

Summary

Gainsight, a Mountain View, CA-based provider of customer success solutions, raised $25m in Series C funding.The company intends to use the funds to expand R&D efforts.Led by Nick Mehta, CEO, Gainsight provides a SaaS-based Salesforce native customer success solution for businesses to drive revenue from sales, usage, support, survey and other sources of external customer data.The company is also partnering with Bessemer and McKinsey & Co’s SaaSRadar on a quarterly success benchmark report for SaaS businesses called SuccessIndex.The research will correlate financial data from public and private SaaS companies (as indexed by both Bessemer and SaaSRadar) with transactional, performance, and operational data collected from participating Gainsight customers.

$ Funding

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Amount $25.0M Total raised
Date October 10, 2014 Announcement date
Investors Bessemer Venture Partners, Gainsight Lead investors
Company http://www.gainsight.com Funded company

Classifications

industries
HealthTech
applications
Data Management

AskAI Classifications

Labels
Customer Success Software Product Experience Software SaaS

Linked Companies

Gainsight
$100M to $250M