LoudCrowd Raises $2.2 Million to Help Brands Achieve Customer-Led Growth
Summary
“LoudCrowd has built a platform that enables brands to scale their earned media with measurement tools and customer incentives.” The team, consisting predominantly of former TrendKite executives, has achieved 40% month-over-month growth since May. Co-Founder and CEO Gary Garofalo added, “With COVID-19 impacting traditional retail, there has never been a more important time for brands to strengthen their presence on social media. In 2021 LoudCrowd will look to continue its rapid growth with several new products aimed at automating social marketing engagement, benchmarking brands, and measuring customer LTV. LiveOak Venture Partners has been the lead investor in over 30 exciting high-growth Texas-based companies in the last seven years including ones such as CS Disco, Digital Pharmacist, OJO Labs, Opcity and TrustRadius. The firm is founded and run by former B2B SaaS founders with hands-on experience starting, building, and scaling high growth businesses in underdog cities across America.