Whyline Inc. Closes $1.25MM in New Pre-Series A Funding - Bringing Total Capital Raised to $5.6MM, and Named on Coveted GovTech 100 List for 2021
Summary
"Technology played a critical role in how state and local leaders navigated the uncertainties of 2020, and as government agencies look to whats next, we see Whyline as a critical technology that allows agencies to modernize their workflows, safely reopen, and adapt their operations to the new hybrid normal," said Dustin Haisler, Chief Innovation Officer of e.Republic. Built with hyper-automation and cloud computing, Whyline’s clients’ customers can see the live wait-times, enter into the queue remotely or pre-book their appointment, and let the software wait on their behalf until its their turn to be seen. Amidst the global pandemic, Whyline saw unprecedented growth rates in organic demand, annual recurring revenue, overall system usage and a 650% increase in contract signings. Whyline’s solution has shown to be perfectly positioned to assist the healthcare, government, financial institution and retail sectors during the COVID crisis across geographies; and is also well-positioned to continue experiencing strong growth in post-pandemic times as consumer behavior has quickly evolved to what has become the new normal. e.Republic Ventures is a division of e.Republic, the nations leading publishing, research, event, and media company focused on information technology for the state and local government markets.