What is Coolfire?
Founded in 2010 and based in St. Louis, Missouri, Coolfire specializes in developing comprehensive collaboration tools. Their suite includes robust solutions for project management, real-time chat functionalities, sophisticated tasking systems, and streamlined workflow automation. The company serves businesses seeking to enhance internal communication and operational efficiency through integrated digital platforms.
How much funding has Coolfire raised?
Coolfire has raised a total of $15.8M across 3 funding rounds:
Angel/Seed
$3.3M
Series B
$11.5M
Debt
$1M
Angel/Seed (2014): $3.3M with participation from Irish Angels
Series B (2018): $11.5M led by Irish Angels and Clayton Venture Partners
Debt (2020): $1M supported by PPP
Key Investors in Coolfire
Irish Angels
IrishAngels is a network of Notre Dame investors focused on seed, seed+, and Series A stage startups, providing added value through their active network and a collaborative, founder-friendly approach.
Clayton Venture Partners
Clayton Ventures is an international principal investment and corporate advisory firm specializing in sectors such as telecoms, technology, and healthcare, with a global presence and expertise in deal execution.
PPP
Public-Private Partnership
What's next for Coolfire?
The recent major strategic investment signifies a pivotal moment for Coolfire, likely enabling further expansion of its product development, market reach, and technological innovation. This capital infusion is expected to bolster its competitive edge in the collaboration software sector, potentially leading to new feature rollouts and enhanced enterprise solutions. The company's focus on project management, chat, and workflow tools positions it to capitalize on the growing demand for integrated digital workspaces.
See full Coolfire company page
