logo
logo

Most Fundable Company, Capacity Raises $11M in Series C Financing

Oct 28, 2020almost 5 years ago

Amount Raised

$11 Million

Round Type

series c

St. Louis

Description

Capacity, a new kind of helpdesk powered by artificial intelligence, today announces $11 million in Series C financing. This represents $34 million of total investment in the company, which throughout its growth has intentionally eschewed large, institutional investors. To date, capital has been secured or reinvested from initial investors, angel investors, customers, and friends of Capacity, primarily from Midwest sources. The round is another indicator of the company’s rapid growth, having tripled revenue in 2020.

Company Information

Company

Capacity

Location

St. Louis, Missouri, United States

About

Capacity is an AI-powered support automation platform that connects your entire tech stack to answer questions, automate repetitive support tasks, and build solutions to any business challenge. Capacity was founded in 2017 by David Karandish and Chris Sims, and is part of the Equity.com incubator. More information can be found at Capacity's website or on Twitter at @CapacityAI.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech