Chargelab Welcomes Strategic Investors Eaton And Silver Comet In Expanded $30 Million Series A
Apr 14, 2023•over 2 years ago
Amount Raised
$30 Million
Round Type
series a
Investors
King River Capital
Description
Today, ChargeLab is announcing the addition of $15 million in new financing to their Series A, doubling funds previously raised and bringing the round's total to $30 million. This expansion includes $10 million in new equity financing at an increased valuation and $5 million in venture debt. The company's first Series A tranche of $15 million led by King River Capital was previously announced on May 18, 2022.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech