Creative Realities Inc. Secures $2 Million Funding To Enhance And Expand Industry-Leading Automotive Software Support Platform
Amount Raised
$2 Million
Round Type
Funding Round
LouisvilleInformation TechnologyAdvertisingAutomotiveMarketingConsultingDigital MarketingDescription
Digital signage leader Creative Realities, Inc. (the “Company”) (NASDAQ: CREX, CREXW) announced today an amendment to its Second Amended and Restated Loan and Security Agreement (the “Credit Agreement”) with their lender, Slipstream Communications, LLC (“Slipstream”). The amendment provides the Borrowers with a $2 million term loan, the net proceeds of which are being used by the Company to accelerate an active software development project with the potential to expand SaaS revenues associated with an existing customer by up to $5 million annually beginning in 2024.
Who else raised in Advertising and Automotive around the same time
Companies in the same sectors as Creative Realities that raised within 45 days of this round, from Fundz verified event records.
- Recast raised $3.4M (Seed) on December 15, 2022.
- Silverpush raised $12M (Series C) on November 29, 2022.
- Flamel AI raised $1.8M (Seed) on November 23, 2022.
- Shop My Shelf raised $8M (Series A) on November 15, 2022.
- PlusMedia raised an undisclosed amount (Corporate Round) on October 28, 2022.
- OpenAP raised an undisclosed amount on October 17, 2022.
Who to call at Creative Realities, and when
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- An alert the day Creative Realities raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Creative Realities, from your own LinkedIn network
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Related People
Creative Realities raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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