OpenGate Capital Completes Investment in Annex Cloud

Funding Rounds

Summary

Founded in 2011, Annex Cloud provides a turnkey loyalty management platform that helps brands engage, retain, and grow customer relationships at scale. The company’s modular and comprehensive engagement suite delivers unique one-to-one experiences that build lasting customer bonds and drive growth. "Given enterprises’ growing emphasis on collecting opted-in, zero- and first-party data, we believe Annex Cloud closes an important gap in the customer experience tech stack and is well poised for continued long-term expansion." "We collectively share a vision of building a leader in loyalty management and believe OpenGate’s operational expertise will best position us to achieve our objectives." OpenGate’s professionals possess the critical skills needed to acquire, transition, operate, build, and scale successful businesses.

$ Funding

$
Amount - Total raised
Date March 1, 2022 Announcement date
Investors OpenGate Capital LLC Lead investors
Company http://www.annexcloud.com Funded company

Classifications

industries
Retail
applications
Sales and Marketing

AskAI Classifications

Labels
SaaS Loyalty Program Software Customer Engagement Software

Linked Companies

Annex Cloud
$10M to $25M