How Much Did Troops Raise?
Funding & Key Investors

Troops has successfully navigated multiple stages of capital infusion, culminating in a total funding amount of $22M. The company recently secured a major strategic investment of $350K, reinforcing its position as a critical player in the sales automation ecosystem. This trajectory reflects a robust growth narrative, moving from initial seed-stage backing to sophisticated enterprise-level financing, underscoring investor confidence in the firm's ability to streamline complex CRM workflows through intuitive, platform-native solutions.

What is Troops?

Troops
SoftwareCustomer Engagement PlatformsContent & Collaboration Software

Troops operates as a specialized software development firm dedicated to optimizing customer relationship management (CRM) processes. By deploying a sophisticated Slackbot, the company enables sales teams to seamlessly access, view, and modify Salesforce data directly within their existing communication workflows. This integration eliminates the friction typically associated with toggling between disparate enterprise applications, thereby enhancing productivity and data hygiene for high-velocity sales organizations. Headquartered in New York, Troops has established itself as a vital middleware layer that bridges the gap between complex backend data systems and the front-end communication tools used by modern revenue teams.

How much funding has Troops raised?

Troops has raised a total of $21.9M across 4 funding rounds:

2016

Angel/Seed

$2.6M

Series A

$7M

2019

Series B

$12M

2020

Debt

$350K

Angel/Seed (2016): $2.6M with participation from First Round Capital

Series A (2016): $7M led by Susa Ventures, Aspect Ventures, Chicago Ventures, Felicis Ventures, and Flight VC

Series B (2019): $12M supported by Aspect Ventures

Debt (2020): $350K featuring PPP

Key Investors in Troops

Susa Ventures

Susa Ventures is an early-stage venture capital firm that invests in seed-stage startups, aiming to help build the next billion-dollar companies.

Aspect Ventures

Aspect Ventures, headquartered in Palo Alto, California, and established in 2014, is a venture capital firm that partners with entrepreneurs to build transformative businesses.

Chicago Ventures

Chicago Venture Partners, L.P. is a private equity investment firm specializing in buyouts, late stage growth equity investments and PIPES.

What's next for Troops?

With the recent infusion of capital, Troops is well-positioned to accelerate its product roadmap and deepen its integration capabilities across the enterprise software stack. The strategic focus will likely shift toward scaling its user base and expanding its feature set to accommodate the increasing demand for automated, data-driven sales operations. As the company matures, the emphasis will remain on maintaining its competitive edge in the SaaS market by reducing administrative overhead for sales professionals, ultimately driving higher adoption rates and long-term value for its enterprise clients.

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Frequently Asked Questions Regarding Troops Financial Insights

What are the most recent funding rounds that Troops has completed, and what were the funding rounds?
Troops has recently completed 3 funding rounds: Debt on Apr 29, 2020, Series B on Jun 4, 2019, Series A on Sep 21, 2016.
What is the total amount of funding Troops has raised to date?
Troops has raised a total of $21.9M in funding to date.
How many funding rounds has Troops completed?
Troops has completed 3 funding rounds.
How much funding did Troops raise in its most recent funding round?
Troops raised $350K in its most recent funding round.
Who are the lead investors in Troops's latest funding round?
The lead investor in Troops's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Troops's history?
The largest funding round in Troops's history was $12M.
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