What is Tenfold?
Founded in 2014 and headquartered in Austin, Texas, Tenfold provides sophisticated cloud-based software designed to optimize customer engagement. By integrating seamlessly with existing CRM platforms, the company enables organizations to unify customer interactions, thereby enhancing productivity and data accuracy. Tenfold operates at the intersection of enterprise software and customer experience management, positioning itself as a critical infrastructure provider for businesses seeking to modernize their communication workflows. Its market position is bolstered by a robust suite of tools that facilitate real-time data synchronization, which is essential for modern, data-driven sales and support operations.
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, Next Coast Ventures, Andreessen Horowitz, and Geekdom Fund
Key Investors in Tenfold
Andreessen Horowitz
A prominent venture capital firm that invests in bold entrepreneurs building the future through technology, known for its deep expertise in software and internet-scale businesses.
Salesforce Ventures
The corporate investment arm of Salesforce, focusing on fueling the next generation of enterprise cloud companies that extend the power of the Salesforce platform.
Next Coast Ventures
An Austin-based venture capital firm that partners with bold entrepreneurs building innovative companies in big markets, providing early-stage capital and hands-on operational support.
What's next for Tenfold?
Looking ahead, the infusion of capital is expected to accelerate Tenfold's product development roadmap and market penetration strategies. By leveraging its strong backing from institutional investors, the company is well-positioned to enhance its platform capabilities, potentially focusing on advanced analytics and AI-driven engagement features. As the enterprise software landscape continues to evolve toward more integrated and automated solutions, Tenfold's strategic focus will likely remain on deepening its ecosystem partnerships and scaling its operations to meet the increasing demand for unified customer engagement technology. The company's growth trajectory suggests a continued emphasis on capturing market share within the high-growth CRM integration space.
See full Tenfold company page
