GoSpotCheck, the SaaS-based field execution management platform, today announced it has closed $21.5 million in Series B1 funding, led by existing investors Insight Venture Partners and Point Nine Capital. GoSpotCheck 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, CEO at GoSpotCheck. “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 comes on the heels of a Series B investment in September 2016 that raised $16.5 million dollars. Funding will be allocated to further developing GoSpotCheck’s leading field execution management platform, 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, Vice Presidentat Insight Venture Partners. “We are thrilled to further our journey with the team, and look forward to what we can continue to build together.”
GoSpotCheck is a powerful web and mobile software solution that, unlike other field execution management products, uniquely focuses on a user-friendly, mobile app to collect and store field intelligence. This empowers managers to make more strategic, data-driven decisions in real time, increasing ROI and driving performance.
About GoSpotCheck: GoSpotCheck is for enterprises who need real-time data and intelligence from the field in order to make quicker and better business decisions. These enterprises want a solution for their field teams that’s configurable to their use case with the flexibility to analyze survey data. GoSpotCheck is a powerful web and mobile software solution that, unlike other field execution management products, uniquely focuses on a user-friendly, mobile app to collect field intelligence. This empowers managers to make more strategic, data-driven decisions in real time.
About Insight Venture Partners:
Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight has raised more than $13 billion and invested in more than 250 companies worldwide. Our mission is to find, fund and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. For more information on Insight and all of its investments, visit http://www.insightpartners.com or follow us on Twitter: @insightpartners.
