What is Exit41?
EXIT41 specializes in delivering a new class of software solutions tailored for the Quick-Serve Market. Its core offerings include point-of-sale (POS) software and comprehensive information solutions that empower Quick-Serve businesses to optimize customer interactions and improve operational profitability. The company's team comprises seasoned professionals with extensive experience in developing, implementing, and supporting mission-critical, customer-facing systems. EXIT41's commitment to innovation in the Quick-Serve sector positions it as a key player in enhancing the efficiency and financial performance of businesses within this industry.
How much funding has Exit41 raised?
Exit41 has raised a total of $29M across 5 funding rounds:
Series A
$7M
Series B
$4.8M
Series C
$8.8M
Private Equity
$6M
Debt
$2.4M
Series A (2007): $7M with participation from Thomas Weisel Partners and Fidelity Investments
Series B (2008): $4.8M, investors not publicly disclosed
Series C (2008): $8.8M supported by Humphrey Enterprises
Private Equity (2010): $6M featuring Dace Ventures, Contour Venture Partners, and GrandBanks Capital
Debt (2011): $2.4M, investors not publicly disclosed
Key Investors in Exit41
Humphrey Enterprises
Humphrey Enterprises, LLC is a private equity investment firm that focuses on sustainable growth within the automotive, healthcare, and training and education sectors. They invest capital and provide strategic expertise in companies aiming for market leadership.
Dace Ventures
Dace Ventures is an early-stage venture capital firm specializing in new media, consumer marketing, and mobile services. They actively support passionate entrepreneurs building innovative teams and products.
GrandBanks Capital
GrandBanks Capital partners with entrepreneurs to build market-leading companies, focusing on sectors like Internet infrastructure, software, financial technologies, and wireless technologies. They leverage their expertise and network to guide early-stage companies.
What's next for Exit41?
With the recent influx of major strategic investment and a substantial total funding amount of $29M, Exit41 is poised for accelerated growth and market penetration. The company's focus on enhancing profitability and customer service through its advanced POS and information solutions indicates a strategic push to capture a larger share of the Quick-Serve Market. Future developments are likely to involve expanding its software capabilities, enhancing its support infrastructure, and potentially exploring new market segments or service offerings. The backing from established investors suggests confidence in Exit41's business model and its potential for sustained success in the competitive Quick-Serve technology landscape.
See full Exit41 company page
