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Tampa startup Rewst raised $45M in a Series C funding round led by Sapphire Ventures to support recruiting efforts and expansion of its automation platform.

Aug 08, 2024about 1 year ago

Amount Raised

$45 Million

Round Type

series c

OdessaSoftware

Investors

Florida FundersTdf VenturesMeritech CapitalOpen ViewSapphire Ventures

Description

Rewst, an automation platform for managed service providers, successfully raised $45 million in its second funding round this year. The round was led by Sapphire Ventures along with existing investors OpenView and Meritech Capital.

Company Information

Company

Rewst

Location

17350 GUNN HWY.

Odessa, Florida, United States

About

Rewst develops a robotic process automation technology for smaller managed services providers.

FundzWatch™ Score

69
Medium Activity

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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