How Much Did Mad Mobile Raise?
Funding & Key Investors

Mad Mobile, a prominent force in the Unified Commerce sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $72.3M. This latest infusion of $50M underscores the company's robust market position and its ongoing commitment to transforming the retail landscape through advanced mobile integration. By consolidating enterprise data into a seamless, mobile-first interface, Mad Mobile continues to attract significant financial backing from institutional partners, signaling strong investor confidence in its long-term growth trajectory and operational scalability.

The company's funding history reflects a steady evolution, beginning with initial debt financing in 2020 and 2021, followed by a strategic debt injection in early 2023, and culminating in this most recent, substantial financing round in mid-2024.

What is Mad Mobile?

Mad Mobile
SoftwareCustomer Engagement PlatformsMobile App Development

Founded in 2010 and headquartered in Tampa, Florida, Mad Mobile has established itself as a critical infrastructure provider for modern retail. The company specializes in Unified Commerce, offering a sophisticated platform that orchestrates real-time data from disparate enterprise systems into a single, intuitive mobile application for store associates. Their flagship Concierge application empowers retail staff to execute complex operations—including Clienteling, Assisted Selling, Buy Online Pick Up In-Store (BOPIS), and Mobile Point of Sale (MPOS)—directly from mobile devices. With a global footprint spanning New York, South America, and Europe, Mad Mobile is uniquely positioned to bridge the gap between digital agility and physical retail environments, driving efficiency and enhancing the customer experience for large-scale enterprise clients.

How much funding has Mad Mobile raised?

Mad Mobile has raised a total of $72.3M across 4 funding rounds:

2020

Debt

$1M

2021

Debt

$1.3M

2023

Debt

$20M

2024

Other Financing Round

$50M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.3M led by PPP

Debt (2023): $20M supported by Eastward Capital Partners

Other Financing Round (2024): $50M featuring Morgan Stanley and Bridge Bank Group

Key Investors in Mad Mobile

Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management, and investment management services to corporations, governments, and institutions worldwide.

Bridge Bank Group

Bridge Bank Group is a specialized banking service provider focused on delivering practical loan options and financial support to small and medium-sized enterprises, fostering local business development.

Eastward Capital Partners

Eastward Capital Partners is a venture debt firm that provides flexible financing solutions to high-growth technology companies, helping founders scale operations while minimizing equity dilution.

What's next for Mad Mobile?

With the successful closure of this major strategic investment, Mad Mobile is poised to accelerate its product roadmap and expand its global market reach. The capital will likely be deployed to enhance the platform's AI-driven analytics capabilities and deepen integrations with emerging retail technologies. As the retail sector continues to prioritize omnichannel synchronization, Mad Mobile's ability to provide a unified view of inventory and customer data remains a key competitive advantage. Future growth strategies will likely focus on scaling operations in international markets and further refining the Concierge application to meet the evolving demands of high-volume retail environments, ensuring the company remains at the forefront of the digital transformation of commerce.

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Frequently Asked Questions Regarding Mad Mobile Financial Insights

What are the most recent funding rounds that Mad Mobile has completed, and what were the funding rounds?
Mad Mobile has recently completed 3 funding rounds: Other Financing Round on Jun 11, 2024, Debt on Jan 5, 2023, Debt on Feb 10, 2021.
What is the total amount of funding Mad Mobile has raised to date?
Mad Mobile has raised a total of $72.3M in funding to date.
How many funding rounds has Mad Mobile completed?
Mad Mobile has completed 3 funding rounds.
How much funding did Mad Mobile raise in its most recent funding round?
Mad Mobile raised $50M in its most recent funding round.
Who are the lead investors in Mad Mobile's latest funding round?
The lead investor in Mad Mobile's latest funding round was Morgan Stanley. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Mad Mobile's history?
The largest funding round in Mad Mobile's history was $50M.
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