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Railroad Software receives majority recapitalization from Arcadea Group to fuel growth and product innovation

Apr 09, 2024over 1 year ago

Amount Raised

$15 Million

CummingTransportationSoftware

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.

Company Information

Company

Railroad Software

Location

Cumming, Georgia, United States

About

Railroad Software is a leading, high-growth provider of rail operations software & managed services. Founded in 2010 by Jeff Birmingham, the company offers a suite of software and hardware products for the rail industry.

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Funding Insights

Based on industry data
VC-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