CoordinateHQ, a Redwood City, CA-based project management system for client service organizations, raised $5.5M in Seed funding.
The round was led by Initialized, with participation from Webb Investment Network.
The company intends to use the funds to accelerate customer acquisition.
Led by Rick Morrison (CEO) and Jud Gardner (CTO), CoordinateHQ provides software for client service organizations to manage clients, automate processes, making it easy-to-run projects at scale.
Commenting on the news, Rick Morrison said: “By allowing the vendor to scale internally while still meeting the client on their terms, our customers routinely report tripling revenue, doubling project velocity, reducing churn by up to two-thirds, and incredible testimonials. The results have exceeded even our own expectations.“
FinSMEs
28/11/2023