How Much Did SupportLogic Raise?
Funding & Key Investors

SupportLogic, a workflow optimization and learning platform provider, has secured significant enterprise-level funding, with its total funding reaching $62M and its most recent financing round amounting to $0. This strategic capital infusion underscores the company's growth trajectory and its position in the competitive workflow optimization market.

What is SupportLogic?

SupportLogic
SoftwareCustomer Engagement Platforms

Founded in 2016 and headquartered in San Jose, California, SupportLogic offers a comprehensive suite of workflow optimization services and a robust learning platform. The company aims to enhance operational efficiency for its clients through innovative solutions. Its focus on workflow optimization and learning positions it as a key player in the enterprise software and services sector, catering to businesses seeking to streamline operations and improve employee development.

How much funding has SupportLogic raised?

SupportLogic has raised a total of $62M across 2 funding rounds:

2020

Series A

$12M

2021

Series B

$50M

Series A (2020): $12M with participation from Sorenson Ventures and Sierra Ventures

Series B (2021): $50M led by Sierra Ventures, Emergent Ventures, Westbridge Capital Us Advisors, and General Catalyst

Key Investors in SupportLogic

Sorenson Ventures

Sorenson Ventures is a VC firm specializing in B2B software companies, focusing on areas like cybersecurity, applications, analytics, ML, AI, DevTools, and computing infrastructure, supporting founders from seed to scale.

Sierra Ventures

Sierra Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology startups, primarily Seed and Series A, in enterprise software, infrastructure, data/AI, and frontier tech.

General Catalyst

General Catalyst is a venture capital firm that backs entrepreneurs and management teams pursuing transformational business opportunities across technology, healthcare, financial services, and enterprise software.

What's next for SupportLogic?

With its recent major enterprise-level funding, SupportLogic is poised for accelerated growth and market expansion. The company is likely to invest in further developing its platform, enhancing its learning capabilities, and broadening its customer base. This strategic backing will enable SupportLogic to solidify its market presence and continue its mission of revolutionizing workflow optimization through advanced technology and educational resources. The company's trajectory suggests a move towards scaling its operations and potentially exploring new verticals within the enterprise software landscape.

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Frequently Asked Questions Regarding SupportLogic Financial Insights

What are the most recent funding rounds that SupportLogic has completed, and what were the funding rounds?
SupportLogic has recently completed 2 funding rounds: Series B on Oct 12, 2021, Series A on Aug 24, 2020.
What is the total amount of funding SupportLogic has raised to date?
SupportLogic has raised a total of $62M in funding to date.
How many funding rounds has SupportLogic completed?
SupportLogic has completed 2 funding rounds.
How much funding did SupportLogic raise in its most recent funding round?
SupportLogic raised $50M in its most recent funding round.
Who are the lead investors in SupportLogic's latest funding round?
The lead investor in SupportLogic's latest funding round was Sierra Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SupportLogic's history?
The largest funding round in SupportLogic's history was $50M.
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