Arcade Raises $4.5M in Growth Seed Funding

Funding Rounds

▤ Summary

Arcade, a Dallas, TX-based software provider that uses gamified micro-incentives to strategically motivate, engage and incentivize sales people to increase revenue driving activities, closed a $4.5m growth seed funding round. In conjunction with the funding, Jay Po, Managing Partner and Co-Founder of Stage 2 Capital, joined the board as part of the financing. The company intends to use the funds to: Founded by David Cherrie and James McLaren, Led by David Cherrie, Arcade is a software company that applies a proprietary gamification approach to help businesses boost the productivity of their sales team. Its SaaS solution intelligently gamifies the workplace to empower leaders and engage employees. The company’s performance engagement software is designed to focus and motivate sales people, and recognize them for their work.

$ Funding

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Amount $4.5M Total raised
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Date July 1, 2021 Announcement date
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Investors - Lead investors
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Company http://www.arcade.co Funded company

▥ Classifications

industries
No industries detected
applications
Collaboration & Communication

◇ AskAI Classifications

Labels
Gamification Software Sales Incentive Software SaaS

▦ Linked Companies

Arcade
$1M to $5M