How Much Did Mad Mobile Raise?
Funding & Key Investors

Mad Mobile, a leader in Unified Commerce solutions, has recently secured a significant strategic investment, adding to its total funding of $72.3M. This latest capital infusion, amounting to $50M, underscores the company's pivotal role in orchestrating real-time data for store associates through its mobile application. The recent financing round, dated June 11, 2024, signifies a major step in the company's growth trajectory.

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 key player in the Unified Commerce space. The company's proprietary Concierge application is designed to empower store associates by rapidly integrating and orchestrating real-time data from enterprise systems into a single, mobile interface. This platform facilitates critical retail operations such as Clienteling, Assisted Selling, Buy Online, Pick Up In Store (BOPIS), and Mobile Point of Sale (MPOS) on any mobile device, enhancing both associate efficiency and customer engagement across their global offices in New York, South America, and Europe.

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

Eastward Capital Partners

Eastward Capital Partners is a venture debt provider specializing in high-growth technology companies, offering flexible financing solutions to support scaling efforts and minimize equity dilution.

Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a comprehensive suite of investment banking, securities, wealth management, and investment management services to a diverse client base worldwide.

Bridge Bank Group

Bridge Bank Group is an Ivorian banking service focused on providing practical loan options and financial support to small and medium-sized businesses, with a notable mortgage program.

What's next for Mad Mobile?

The substantial enterprise-level funding Mad Mobile has garnered, particularly the recent strategic investment, positions the company for accelerated expansion and platform enhancement. This backing is expected to fuel further development of its Unified Commerce capabilities, enabling deeper integration with enterprise systems and broader adoption of its mobile solutions by retailers worldwide. The company's focus on empowering store associates with real-time data and seamless operational tools suggests a strategic push to capture a larger share of the evolving retail technology market, potentially through enhanced product offerings and expanded market reach.

See full Mad Mobile company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Security SoftwareSoftware
Database & File Management SoftwareSoftwareBusiness Intelligence (BI) Software
Enterprise Resource Planning (ERP)Software
Human Resources SoftwareSoftwareEducationTraining

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.
See more information about Mad Mobile