What is MobileForce Software?
MobileForce Software provides a no-code enterprise CPQ (Configure Price Quote) solution designed to integrate revenue operations, sales, and field service management into a unified platform. Its offerings cater to modern sales, service, and operations teams, facilitating efficient quoting, scheduling, and real-time actions without the need for complex traditional tools. With a user base exceeding 500 companies, MobileForce leverages advanced automation and AI-powered quoting, alongside extensive CRM integrations, to optimize the quote-to-cash process and accelerate revenue generation for its clients.
How much funding has MobileForce Software raised?
MobileForce Software has raised a total of $9.3M across 3 funding rounds:
Series A
$4.6M
Series B
$4.5M
Debt
$199K
Series A (2013): $4.6M with participation from Lighter Capital
Series B (2014): $4.5M led by Michigan eLab
Debt (2021): $199K supported by PPP
Key Investors in MobileForce Software
Michigan eLab
Michigan eLab is an early-stage venture capital firm that invests in technology startups. Their focus often includes companies with innovative solutions in enterprise software and business process optimization.
Lighter Capital
Lighter Capital is a provider of revenue-based financing, offering growth capital to SaaS and other recurring revenue businesses. They specialize in providing flexible funding solutions without traditional equity dilution.
PPP
Public-Private Partnership
What's next for MobileForce Software?
The company's recent major strategic investment, despite being structured as debt, indicates a continued focus on operational expansion and market penetration. This infusion of capital is expected to fuel further development of its no-code CPQ platform, enhancing its capabilities in AI-driven quoting and revenue operations integration. MobileForce Software is strategically positioned to capitalize on the growing demand for streamlined sales and service management solutions, aiming to solidify its market leadership and drive further adoption among enterprise clients seeking to optimize their quote-to-cash cycles.
See full MobileForce Software company page
