SAN FRANCISCO — Womply, a developer of front office software for small and medium sized businesses (SMBs), has raised $30 million in growth equity financing led by Sageview Capital, with participation from existing investors. Since its founding in 2011, Womply has raised $50 million in total investment from a combination of high net worth, venture capital, and growth equity investors. The company plans to use the new capital to hire more staff, expand its product offerings, and reach more small and medium business customers.
“Womply’s mission is to use technology and data to grow, protect, and simplify small business,” said Cory Capoccia, President of Womply. “This additional investment will allow us to scale even faster, further expand our partnerships, and remain laser focused on our merchant customers for many years to come. We can’t wait to announce new products and partnerships in 2017.”
Small and medium-sized businesses employ more than 40 million people across the country, and over 5.5 million of them have fewer than one hundred employees. As large corporations continue to expand into new and different business categories, these SMBs face increased competition and need new ways to differentiate themselves and deliver outstanding customer experiences. Womply is proud and excited to support this group of amazing people who share so many of our Core Values.
Womply is one of the fastest growing SMB-focused technology companies in America. In the past two years alone, Womply has added more than 60,000 small and medium sized businesses as customers. The Womply software platform is a must have for SMBs of all types and locations. The company’s unified, browser-based platform satisfies the most common monitoring, analytics, and marketing needs for SMBs including online presence and reputation management, customer and revenue analytics, and easy-to-use marketing tools.