Churnkey raises $1.5M in growth equity funding led by CreativeCo to hire key executives and expand market share.
Apr 25, 2024•over 1 year ago
Amount Raised
$1.5 Million
Round Type
seed
Investors
Creative Co
Description
Churnkey, a provider of subscription retention automation software, raised $1.5M in growth equity funding. Charlotte-based CreativeCo made the investment, and the company plans to use the funds to hire key executives, expand its market share, and continue its innovation pace.
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