DealCloud, a Charlotte, NC-based financial services-focused software company, raised $5.3m in growth equity funding.
The round was led by Cultivation Capital with participation from Hamilton Lane, Holekamp Ventures, Holton Capital Group, Rick Kushel (former CEO of iLevel Solutions), and Joe Maxwell (former CEO of Shareholder Insite).
The company will use the funds to grow its global presence and accelerate product development.
Led by newly appointed CEO Rick Kushel, and co-founders Ben Harrison, President, and Rob Cummings, DealCloud provides private capital market players with a SaaS platform for business development, deal management and execution, workflow, and pipeline management.
Customers include private equity and growth capital firms, sell-side banks, publicly traded companies, and debt capital investors.