Tech Company Financing Transactions
Textel Funding Round
Cultivation Capital, Capital Midwest Fund and Stout Street Capital participated in a $4 million Series A funding round for Textel. The funding round was announced on 10/21/2020.
Transaction Overview
Company Name
Announced On
10/21/2020
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series A
Investors
Proceeds Purpose
This latest funding round will accelerates their plans to drive additional partner sales and marketing.
Company Information
Company Status
Private & Independent
Industry
Communications
Mailing Address
1120 South 6th St. 120
St. Louis, MO 63104
USA
St. Louis, MO 63104
USA
Phone
Website
Email Address
Overview
Textel provides a texting platform for contact centers that is specifically designed to improve the customer experience, increase customer engagement, improve contact center performance and efficiency and drive revenue. With nearly 800 customers across North America, Textel is the texting platform for organizations who want to communicate with customers faster.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Diel
Chief Marketing Officer
Michael Mixon
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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