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Venture Capital News: TinderBox Raises $1.3M in Series B Funding

2013-02-25
INDIANAPOLIS, IN, Leading cloud-based platform for sales efficiency and brand consistency, today announced it has secured $1.3 million in Series B funding.
TinderBox, the leading cloud-based platform for sales efficiency and brand consistency, today announced it has secured $1.3 million in Series B funding. Participation included new and existing local investors, as well as FundersClub, the world's first online venture capital platform. The funding will support further development of the company's solution and will accelerate customer acquisition via expanded sales and marketing efforts. TinderBox is the first company outside of Silicon Valley to secure funding via FundersClub.

Launched in 2010, the TinderBox software solution for sales and marketing teams accelerates the "speed to sale." TinderBox entered the market as a proposal management platform -- offering a method to reduce the time, inconsistency and uncertainty associated with sales proposals. Since its launch, the TinderBox solution has evolved into a comprehensive management solution for marketing and sales content, including proposals, sales presentations and contracts.

"When we launched TinderBox in 2010, our goal was to help our customers increase revenue by providing the critical information necessary during the sales process," said Dustin Sapp, president and co-founder of TinderBox. "What started as proposal management has evolved into a suite of tools that have bridged the science of selling and the art of branding. This is just the beginning for TinderBox."

With TinderBox, users can create and collaborate on sales content, track real-time prospect activity, and identify key messaging for faster customer acquisition. The TinderBox solution integrates with existing sales resources such as CRM and e-signature solutions to blend brand consistency and sales efficiency for long-term revenue growth. Just three years after its launch, the TinderBox solution is used by companies of all sizes, including Angie's List and Dominion.

"This space has tremendous potential for growth. Companies at every stage need products to enhance the sales and marketing experience -- and that's exactly what TinderBox delivers," said Alex Mittal, CEO and co-founder of FundersClub. "The team of employees and the technology behind TinderBox are second-to-none. I am excited to see how this investment will help continue TinderBox's momentum."

To learn more about TinderBox, visit www.gettinderbox.com.

About TinderBox
TinderBox, a software solution for sales and marketing teams, accelerates the "speed to sale." With TinderBox, you can create and collaborate on sales content, track real-time prospect activity, and identify key messaging for faster customer acquisition. Our cloud-based platform blends brand consistency and sales efficiency for long-term revenue growth. To learn more about TinderBox, visit www.gettinderbox.com, or follow us on Twitter at @GetTinderBox.
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