SOCi Cements Position as Localized Marketing Leader with $80M Series D Investment
Jan 21, 2021•over 4 years ago
Amount Raised
$80 Million
Round Type
series d
Description
SOCi, the leading all-in-one marketing platform built for multi-location marketers, today announced it has closed a Series D investment round of $80 million, led by JMI Equity (“JMI”), a growth equity firm focused on investing in leading enterprise software companies. Additional participants included existing investor, Ankona Capital, along with personal investments from SOCi’s CEO and co-founder Afif Khoury and Seismic co-founder and CEO (and SOCi board member) Doug Winter. With this funding, SOCi plans to significantly accelerate its growth, with investments in its sales and marketing teams, an aggressive lineup of product innovations, and strategic M&A activity.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech