Railroad Software receives majority recapitalization from Arcadea Group to fuel growth and product innovation
Apr 09, 2024•over 1 year ago
Amount Raised
$15 Million
Investors
Arcadea Group
Description
Arcadea Group has invested in Railroad Software through a majority recapitalization to support the company's growth and product innovation. Jeff Birmingham, the founder and former CEO, will retain a significant stake in the business and continue guiding the business as a Board Director.
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