…and we’ve got a fresh $1.7 million in funding to prove it!
We’ve got HUGE, exciting news to share! This week we’re at Collision, a start-up centric conference in Las Vegas, where we just announced that we’ve raised $1.7 million in a seed funding round. That brings our total funding to date to $3.5 million!
We’re so grateful to our investors who believe in Incentive’s vision and platform so much that they’re willing to join us on this journey to bring workplaces into the age of enterprise social collaboration. Don't just read about it here though. See what other people at eWeek, LA Biz, FinSMEs and PE Hub are saying about our funding news!
There’s so much that we’ll now be able to accomplish with this new funding that can take Incentive to the next level. Our initial plans include supporting U.S. growth and expansion, as well as expanding sales and marketing and product development efforts.
We’ve already been hard at work making improvements to Incentive and providing valuable integrations with platforms like Dropbox and SharePoint over the past few months. But, we’re excited to see the new heights this funding can take us to.
With our customer base continuing to grow every day, this new funding will be put to good use, allowing us to provide even better service to our current and future Incentive users. There are thousands of Incentive users across the world, from oil and gas companies to non-government organizations (NGOs) to technology startups. One client, the North Atlantic Treaty Organization (NATO), alone is rolling out Incentive to 10,000 employees in more than 28 countries!
Here are just a few of the reasons that compelled our investors to open up their wallets to the tune of more than a million dollars.
Well, first consider that the enterprise social collaboration market is expected to grow to more than $71 billion in 2019 (compared to $47 billion in 2014). Organizations’ desire for enterprise social collaboration solutions is growing as Millennials slowly begin to dominate the workforce and demand more collaborative work environments.
Incentive was also recently chosen to join Microsoft Ventures’ Customer Access Program (CAP), a global program empowering entrepreneurs and start-ups, as well as Collision 2015 as part of the event’s start up track, Collide. The event is invite-only and showcases disruptive and innovative start-ups that are changing the world and the way people do business.
We’re so excited to be involved in both of these selective initiatives alongside some of the world’s most forward-thinking entrepreneurs. If you’re at Collision in Las Vegas today, come see us at stand E198. We’d love to meet you!
Meanwhile, stay tuned on the blog for some of the exciting developments we’ll be pursuing with our new funding. We guarantee we’ll be putting the money to good use.
See what all the fuss is about. Give Incentive a free 45-day test drive!
Incentive is a leading provider of a complete, socially powered enterprise collaboration platform for mid-market organizations and enterprise teams that want to achieve improved profitability, increased efficiency and accelerated business results. With an easy-to-use interface, Incentive’s platform enables businesses to capture, collaborate and secure knowledge all in one place by tapping the power of their employees – the collective brain trust – to be better, stronger and faster than their competitors. Designed for organizations using Microsoft apps, architecture and services, Incentive allows users to take advantage of existing workflow apps, storage systems, and document management tools such as SharePoint in one central location, with single sign on and intelligent search. Its features include wikis, blogs, micro blogging, document collaboration, file sharing, instant messaging, video conversations, social behavior UX and API-based platform for app development. Founded in 2008, Incentive has helped thousands of customers worldwide accelerate positive business outcomes through improved collaboration and communication. The company has headquarters in Los Angeles and Malmo, Sweden. For more information visit www.incentive-inc.com and follow on Twitter @IncentiveInc