What is Tenfold?
Tenfold is a software company specializing in customer engagement cloud technology. Established in 2014, the company aims to revolutionize how businesses interact with their customers by offering a comprehensive suite of tools designed to streamline communication and improve service delivery. Its platform is built to support businesses in managing and optimizing their customer relationships, a critical aspect in today's market. The company's strategic funding rounds indicate a strong investor confidence in its technology and business model, positioning it for further expansion and innovation in the customer engagement software space.
How much funding has Tenfold raised?
Tenfold has raised a total of $37.4M across 4 funding rounds:
Other Financing Round
$60K
Series A
$15.8M
Series B
$14M
Series C
$7.5M
Other Financing Round (2014): $60K with participation from Patrick Hogan
Series A (2016): $15.8M led by Andreessen Horowitz
Series B (2018): $14M supported by Andreessen Horowitz, Next Coast Ventures, and Salesforce Ventures
Series C (2019): $7.5M featuring Geekdom Fund, Next Coast Ventures, Salesforce Ventures, and Andreessen Horowitz
Key Investors in Tenfold
Andreessen Horowitz
Andreessen Horowitz is a prominent venture capital firm known for investing in technology companies at various stages. Their involvement suggests a belief in Tenfold's potential for significant disruption and growth within the software sector.
Geekdom Fund
Geekdom Fund is a venture capital firm dedicated to connecting entrepreneurs with investors, providing significant support and resources to portfolio companies. They focus on delivering results, with an average of assistance provided every 51 minutes, and have a track record of helping companies raise funding at a rate three times higher than the industry average.
Next Coast Ventures
Next Coast Ventures is an Austin-based venture capital firm that partners with bold entrepreneurs building innovative companies in big markets. It provides early-stage capital to high-growth startups in 'Next Coast' markets, using macro trends and themes to guide its investment strategy.
What's next for Tenfold?
With the recent influx of major strategic investment, Tenfold is poised to accelerate its product development and market penetration. This substantial backing, contributing to its overall $37.4M in capital, suggests a focus on scaling operations, enhancing its technological capabilities, and potentially expanding its customer base. The company's strategic direction will likely involve leveraging its advanced cloud technology to address evolving customer engagement needs, solidifying its competitive advantage and driving future growth in the enterprise software market.
See full Tenfold company page
