Web3 Pro, a Palo Alto, CA-based provider of a SaaS MarTech solution, raised an undisclosed amount in new funding.
The round, which brought the total amount to $10M with a post money valuation of $57MM, was led by P101. Existing investors included Sumitomo Corporation’s CVC arm, Presidio Ventures, Seventy-Six Capital, River Capital Group, Ripple, and VU Ventures.
The company intends to use the funds to grow the sales and marketing division, including the expansion into Europe, MENA and APAC.
Led by CEO and Founder Christian Ferri, Web3 Pro provides a SaaS marketing solution for enterprises. Its proprietary technology makes it easy for companies and brands to leverage marketing solutions that improve outcomes and ensure brand alignment for every initiative. Web3 Pro’s latest initiative, the Hub, provides a central, secure platform for building brand communities that charge customer experience by converging dispersed social communities and offering increased value. The platform also enables loyalty and rewards programs that feature two-way interactions between brand and consumer, resulting in increased engagement, conversion, and retention.
FinSMEs
26/10/2023