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HomeFunding Canada-based ContactMonkey Secures $55m Series A Round Funding

[Funding alert] Canada-based ContactMonkey Secures $55m Series A Round Funding

Canada-based ContactMonkey Secures $55m Series A Round Funding Updata Partners made the investment. Operating Partner Sloan Gaon and Updata Partner Braden Snyder will become a part of ContactMonkey's board of directors as a result of the agreement.
Team – ContactMonkey

Canada-based ContactMonkey Secures $55m Series A Round Funding Updata Partners made the investment. Operating Partner Sloan Gaon and Updata Partner Braden Snyder will become a part of ContactMonkey’s board of directors as a result of the agreement.

With the funding, the company intends to expand its workforce, add to its success in Canada, Europe, the US, and Australia, and reach new markets globally to offer its solutions to businesses in other industries.

Read also – Ladder Secures $12 Mn in Series A Round led by Tapestry VC and LivWell Ventures

ContactMonkey, a company founded in 2010 by CEO Scott Pielsticker, offers a way for workers to communicate with one another from any location. Users’ favourite email clients, such as Gmail and Microsoft Outlook, as well as SMS, Microsoft Teams, and Human Resource Information Systems (HRIS) like Workday, ADP, SAP, and others, are all linked with the platform.

ContactMonkey users may harness precise email stats, create segregated employee lists, and get real-time feedback through engagement statistics. Employers can use these information in order to comprehend their staff’ preferences and adjust communication tactics for maximum engagement.

Read also – MaintainX Secures $50 Mn Funding led by Bain Capital Ventures

About ContactMonkey

ContactMonkey a Toronto-based company, began as a sales email tracking tool to assist businesses by offering consumers with strategic service. Along the process, They discovered that happy employees become happy customers, and that effective internal communications are crucial to an organization’s success.

Read also – SGNL Raises Strategic Investment From M12, Microsoft’s Venture Fund

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