When we founded Introhive nine years ago, we had a pretty simple goal: we wanted to help companies better understand their relationships and fix their CRM issues. After spending our own careers muddling through messy and incomplete CRMs, and struggling to make the most out of the incredible network of relationships that large organizations have, we believed we could create a better way. And we did. But, from that simple goal we’ve grown and evolved over the years to offer a full suite of AI-powered solutions that help our customers accelerate revenue, increase productivity, and save huge amounts of time.
Over the past nine years, our vision has grown alongside our company, fuelled and shaped by the people we work with and the companies we work for.
Today, we are pleased to announce that we have raised $100 million USD in investment to help Introhive continue to shape the future of business through our platform using artificial intelligence, better sales intelligence, and accelerated revenue growth. The investment is represented by Bank of America and led by PSG, a top growth equity firm that focuses on partnering with fast scaling software businesses like ours. Additional investors include The Business Development Bank of Canada (BDC), Aegis Group Partners, NBIF, Evergreen Coast Capital, and Mavan Capital Partners.
Here are a couple of points about the investment:
- This is the biggest funding round in New Brunswick history and among the largest in Atlantic Canada.
- These funds will give us the opportunity to recruit more amazing talent and grow our business globally through further expansions in sales, marketing.
This is a big milestone for Introhive, and one we could not have reached without our incredible team, our innovative and smart partners, and the customers who have put their trust in us to help them achieve their revenue growth goals. We’ve been saying it for years and we mean it: our relationships and our people are our greatest assets.
This funding will help us shape the way companies think of and manage their relationships with customers, clients, and partners. Our mission continues to be clearer than ever, to enable revenue teams to reach their potential and grow both their company and their own careers.