What is Tenfold?
Founded in 2014 and headquartered in Austin, Texas, Tenfold operates within the software industry, specializing in customer engagement cloud technology. The company's platform is designed to enhance how businesses interact with their customers, offering a suite of tools aimed at improving communication, support, and overall engagement. Tenfold's focus on providing robust customer engagement solutions positions it as a key player in the evolving landscape of business-to-customer interactions.
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 Next Coast Ventures, Salesforce Ventures, and Andreessen Horowitz
Series C (2019): $7.5M featuring Salesforce Ventures, Geekdom Fund, Andreessen Horowitz, and Next Coast Ventures
Key Investors in Tenfold
Next Coast Ventures
Next Coast Ventures is an Austin-based venture capital firm focused on early-stage, high-growth startups in 'Next Coast' markets, providing capital and company-building resources.
Salesforce Ventures
Salesforce Ventures is the investment arm of Salesforce, a global leader in CRM software, focusing on cloud-based solutions for sales, service, and marketing.
Andreessen Horowitz
Andreessen Horowitz is a prominent venture capital firm known for investing in technology companies across various stages, providing strategic guidance and capital.
What's next for Tenfold?
The recent major strategic investment in Tenfold signals a pivotal phase for the company, likely aimed at accelerating product development, expanding market reach, and enhancing its technological infrastructure. With a history of securing substantial capital, including Series A, B, and C rounds, Tenfold is well-positioned to leverage this latest financing to further solidify its market leadership. The company's strategic partnerships and ongoing innovation in customer engagement technology suggest a trajectory focused on sustained growth and market penetration.
See full Tenfold company page