Funding

Insightly Raise $25M in Series C

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What does Insightly do?

Insightly, is the leading online customer relationship management application for the growing and business. The company is a web based customer relationship and project management system for SMBs. The company is a simple one to use yet a very powerful CRM system for SMB. With integrations to Office 365, Google Apps, and big social networking websites; good mobile applications for smart phones and mobile apps, and provides easy access to a REST API for customized  integration. This company is the leading CRM for small business. The company believes is the best choice for SMB’s web based software, because they do not have to worry about technical aspects such as security fixes or server upgrades. The company oversees of all the information technology stuff such as security, upgrades and backups so that you can concentrate on things which are important such as doing the business running job.

How much Insightly was funded?

The company raised $25M in Series C on April 19, 2016 from Sozo Ventures, Scott Bommer, Emergence Capital Partners and Cloud Apps Capital Partners.

Previous funding

  • $3M in Series A on October 2, 2012 from Emergence Capital Partners.
  • $10M in Series B on September 12, 2013 from TrueBridge Capital Partners, Emergence Capital Partners, Sozo Ventures and Cloud Apps Capital Partners.

What is next for Insightly?

The company plans to use the latest funding amount for further acceleration of its growth into larger businesses and building its direct sales team. The company has always been providing customers competitive functionality of the enterprise CRMs without the legacy platforms’ complexity. This funding will help the company in continuing the addition of capabilities and integrations which help businesses in increasing sales through organization and efficiency, while remaining committed to its goal to be an easy to use CRM.

More about Insightly

The company was founded in 2009 by Anthony Smith. It has its headquarters in San Francisco, California.

 

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