Clientbook Raises $4.5M Strategic Funding Round After Experiencing Record Growth in 2020
Investment will further Clientbook’s ability to help retailers build long-lasting relationships with their clients and drive repeat business.
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This funding round comes following Clientbook’s triple digit year-over-year growth. “Despite the challenges presented to everyone in 2020, Clientbook actually grew and helped our retail customers to build even stronger relationships with their clients,” says Brandon Wright, CEO and co-founder of Clientbook. “This round will position us for the next growth stage of Clientbook by letting us expand our team, enter new verticals, and add some incredible new product features to the Clientbook mobile app and platform.”
This investment in Clientbook will further its vision of helping retailers to build long-lasting relationships with their clients and drive repeat business, even while those customers aren’t within the four walls of their stores.
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Strategic investor Jason Reading, who has invested in and sold numerous businesses and served as a board advisor to a variety of portfolio companies will advise Clientbook and represent Aries Capital Partners on the Clientbook board of directors. “Investing in Clientbook was an easy decision because their platform provides incredible value to retailers, which are all eager for technology to help them drive repeat business,” says Reading. “We’re excited to work with the Clientbook team as they continue their exciting growth trajectory.”
Florida Funders, Clientbook’s seed investor, also contributed to this round. “Clientbook has done a fantastic job since we invested in them a little over a year ago,” says Ryan Whittemore, Chief Investment Officer. “We see more potential growth for them in a variety of areas, so we felt it was wise to further invest in our relationship with them.”
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