Wednesday November 22, 2017 0 comments
DENVER -- GoSpotCheck has closed on $21.5 million in Series B1 funding, led by existing investors Insight Venture Partners and Point Nine Capital.
GoSpotCheck said it has now raised $47.5 million dollars as the company pursues additional investments in its state-of-the-art mobile platform.
“At GoSpotCheck, it’s our mission to provide companies with tools that enable their employees to do great work and stay ahead of the competition with real-time insights and intelligence in the field,” said Matt Talbot, company CEO.
“In the last year, GoSpotCheck has had 100% year-over-year growth and data captured through our software has increased by nearly 200%. With this latest round of funding, we will be able to further expand innovation in the technology of our products and maintain the operational growth of the business which is crucial to our continued success.”
The latest round follows a Series B investment in September 2016 that raised $16.5 million.
GoSpotCheck said the new funding will be allocated to further develop the company’s field execution management platform, and toward leveraging artificial intelligence and machine learning to create the most robust product offering in the business.
“GoSpotCheck has shown time and time again that they are a leader in using emerging technology to drive a more dynamic product offering,” said Nicolas Wittenborn, VP at Insight Venture Partners.
“We are thrilled to further our journey with the team and look forward to what we can continue to build together.”