What is Performline?
The PerformLine platform offers end-to-end sales and marketing compliance, encompassing pre-production approvals through document review and live monitoring across digital channels such as web, calls, and messaging. Headquartered in Morristown, New Jersey, Performline is trusted by global brands to ensure adherence to regulatory standards in their marketing and sales operations. The company's comprehensive approach to compliance helps businesses mitigate risks and maintain brand integrity in an increasingly complex regulatory environment.
How much funding has Performline raised?
Performline has raised a total of $5.3M across 3 funding rounds:
Angel/Seed
$960K
Other Financing Round
$4M
Debt
$350K
Angel/Seed (2009): $960K with participation from First Round Capital, Dublin Capital Partners, Twin Capital, and Venture Lending & Leasing
Other Financing Round (2017): $4M led by Bridge Bank
Debt (2020): $350K supported by PPP
Key Investors in Performline
First Round Capital
First Round Capital is a venture capital firm known for investing in innovative startups across diverse sectors, with a focus on supporting entrepreneurs and driving significant results through successful IPOs and acquisitions.
Dublin Capital Partners
Dublin Capital Partners provides neutral content related to stocks, financial markets, and companies, ensuring factual verifiability and easy understanding for users seeking stock-related information.
Bridge Bank
Bridge Bank is a financial institution that provides a range of banking services, likely including venture debt and lending solutions to support the growth of technology and innovation-focused companies.
What's next for Performline?
With its recent major enterprise-level funding, Performline is poised for accelerated growth and enhanced market penetration. The strategic capital infusion is expected to fuel product development, expand its sales and marketing efforts, and potentially explore new compliance verticals. This backing will enable Performline to further solidify its position as a leader in sales and marketing compliance, offering robust solutions to a growing global clientele seeking to navigate intricate regulatory landscapes.
See full Performline company page
