Bolstra, formerly ConsulTeams, a Carmel, Indiana-based B2B SaaS company focused on customer success management, completed a $1.5m seed round of funding.
Backers included Elevate Ventures, returning early investor and board member Bill Godfrey (4G Ventures), Tom Eggleston (Charmides Capital) and Tim Kopp (Hyde Park Ventures).
The company intends to use the funds to expand the sales staff in the coming months.
Founded by Haresh Gangwani (CEO) and David Cochran (COO), Bolstra provides a customer success management platform that enables B2B SaaS companies to proactively engage their customers to maximize lifetime value and increase retention.
The team also includes Jon Stevenson – Chief Sales Officer, John Warne – Vice President of Marketing, and Tim Conder – Vice President of Customer Success.