Textel Announces $4 Million Series A Funding Round Led by Cultivation Capital Partners
Amount Raised
$4 Million
Round Type
Series A
St. LouisHardwareSoftwareMessagingCall CenterCustomer ServiceSaaSDescription
Textel, the cloud-based texting platform for contact centers, announced it recently completed a $4M Series A funding round. Cultivation Capital led the round with additional investment from Stout Street Capital and Capital Midwest Fund III. This latest funding round brings Textel’s total funds raised to $5M and accelerates their plans to drive additional partner sales and marketing. Textel will also use the funds to deliver on additional product functionality.
Quick answer
Textel raised $4 Million in a Series A round, dated October 20, 2020. Textel is based in St. Louis, Missouri, United States.
- How much did Textel raise?
- Textel raised $4 Million in a Series A round on October 20, 2020.
- What does Textel do?
- Founded in 2014, Textel is the rapidly growing texting platform for businesses and contact centers designed to enhance the customer experience, increase customer engagement, improve contact center performance and drive..
- Where is Textel based and how big is it?
- Textel is based in St. Louis, Missouri, United States.
- Who are the decision-makers at Textel?
- Fundz holds 2 contacts at Textel, including the CMO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Messaging around the same time
Companies in the same sectors as Textel that raised within 45 days of this round, from Fundz verified event records.
- Flexcompute raised $5.2M on December 3, 2020.
- Orange raised an undisclosed amount on November 19, 2020.
- SaaS Alerts, Inc. raised $183K (Pre-Seed) on November 12, 2020.
- Capacity raised $11M (Series C) on October 28, 2020.
- Capacity raised $11M on October 28, 2020.
- Instacart raised $200M on October 20, 2020.
Who to call at Textel, and when
A new round usually means Textel is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Textel raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Textel, from your own LinkedIn network
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Funding Insights
What this usually meansTextel 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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