What is 17Hats?
Founded in 2012 and headquartered in Pasadena, California, 17Hats offers a comprehensive CRM solution designed to streamline essential business operations for very small enterprises. Its software integrates lead processing, contract management, invoicing, and bookkeeping, providing a unified platform for business management. The company's focus on empowering small businesses with efficient tools has positioned it as a key player in the small business software sector.
How much funding has 17Hats raised?
17Hats has raised a total of $5.4M across 3 funding rounds:
Angel/Seed
$1.3M
Series A
$4M
Debt
$150K
Angel/Seed (2015): $1.3M with participation from Wavemaker Partners
Series A (2015): $4M led by Wavemaker Partners
Debt (2020): $150K supported by PPP
Key Investors in 17Hats
Wavemaker Partners
Wavemaker Partners is a venture capital firm specializing in early-stage investments across Enterprise, Deep Tech, and Sustainability sectors. They focus on empowering innovative solutions and have a significant portfolio in Southeast Asia.
PPP
Public-Private Partnership
Wavemaker Partners
Wavemaker Partners is a venture capital firm specializing in early-stage investments across Enterprise, Deep Tech, and Sustainability sectors. They focus on empowering innovative solutions and have a significant portfolio in Southeast Asia.
What's next for 17Hats?
The recent major strategic investment signals a new phase of expansion for 17Hats. This capital infusion is likely to fuel further development of its integrated CRM solution, enhance its market reach, and potentially explore new service offerings to better serve the evolving needs of small businesses. The company's strategic backing suggests a focus on scaling operations and solidifying its competitive advantage in the small business technology landscape.
See full 17Hats company page
