Introhive Raises $100M In Series C Funding

Jody Glidden, Introhive CEO

Introhive, a Fredericton, NB-based provider of AI-powered sales and revenue acceleration platforms, secured $100M in its Series C funding.

The round was led by PSG, with participation from The Business Development Bank of Canada (BDC), Aegis Group Partners, Evergreen Coast Capital, and Mavan Capital Partners. In conjunction with the funding, Rick Essex, Managing Director at PSG, will join Introhive’s Board of Directors.

The company intends to use the funds for strategic acquisitions, expansion of its global presence and growth of its engineering, sales and marketing teams.

Led by Jody Glidden, CEO and Co-Founder, and Stewart Walchli, Chief Revenue Officer, Introhive provides AI-powered sales and revenue acceleration platforms that work collaboratively with any CRM and integrate to numerous other systems, including marketing automation and business intelligence (BI) technologies to help enterprises grow and scale. In 2020, the platform processed more than one trillion transactions, captured 60+ million contacts and relationships, saved nine million employee hours and supported users across 90 countries.

Customers include industry leaders such as PwC, Colliers International, Wilson Sonsini Goodrich & Rosati, Plante Moran, and Clark Nexsen and in industries ranging from technology to financial services, recruitment to professional services. 

The company has more than 300 employees with 10 global office locations, supporting customers in the United States, Canada, United Kingdom, Middle East and Asia. 

FinSMEs

20/06/2021