TextUs, a Boulder, CO-based business texting platform, raised a $5M initial close of its Series B funding.
All major investors participated. In addition, TextUs received an expanded debt facility.
The company intends to use the funds for strategic investment in product expansion, team development, and customer satisfaction.
Led by Ted Guggenheim, CEO, TextUs, TextUs provides a business-class text messaging software and a real-time communication platform designed to improve how businesses communicate with their leads, candidates, and customers. The system allows customers to turn personalized text messaging campaigns into 1:1 conversations, manage multiple conversations from a single inbox, and schedule text messages for just the right time, all while integrating voice and texting outreach in a single dashboard tied directly to their ATS or CRM.
The company currently serves sales, staffing and recruiting, SaaS, higher education, HR, healthcare, property management, financial services, and nonprofits.