Pitchly Closes $7 Million Series A Funding for Proven Easy-to-Use, SaaS-Based Data Enablement Solution
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SAN FRANCISCO ~ San Francisco-based data enablement company Pitchly has announced the completion of a $7 million Series A funding round, led by new investor Homegrown Capital. The round was also joined by additional new investors including Jason Calacanis' Launch Fund & Syndicate and existing investors Next Level Ventures, ISA Ventures, Great North Ventures, M25, and Cabra.vc.

The new investment will be used to accelerate Pitchly's already impressive growth, with the funding being utilized to build its sales and marketing team, expand its Software as a Service (SaaS) product offering, and grow the already passionate customer community.

Pitchly's data enablement suite empowers knowledge workers at global enterprise and professional services firms to put their data to work by centralizing and activating data to deliver real-time content and document generation. This custom content powers organizational growth.

"We were incredibly impressed with Pitchly's technology platform and the customer base they have attracted," said Matt Paulson, Pitchly Board Member, Managing Partner of Homegrown Capital and Founder and CEO of MarketBeat. "They are demonstrating strong traction in the market and we are thrilled to lead the company's first growth round. We are excited to see where the company goes from here!"

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Ryan Gerhardy, CEO of Pitchly commented on the investment: "The market is calling for us to accelerate our business plan and to do that we'll be growing quickly. Our comprehensive strategy includes expanding our experienced team, delivering new innovative products this year, and expanding our partner ecosystem."

Monica Rodriguez Kuniyoshi, CMO at Gunderson Dettmer commented on why they chose Pitchly: "We selected Pitchly because they are the market leader in this category and demonstrated a short time-to-value with their innovative approach. Pitchly is an integral part of our data strategy. It's exciting to see Pitchly growing and expanding."

Pitchly users have reported reducing the time spent searching, creating, formatting and publishing content by up to 93%. The suite delivers features such as managing data collection & integrations; designing smart data-connected content templates; creating & publishing live data-driven content; as well as an array of other features designed for streamlining processes for using data to create customized content for documents & webpages.

To learn more about Pitchly's success in 2021 & 2022 - including top-tier customer retention rates; 90%+ ARR growth; innovative product expansion; partner ecosystem & team growth - view their wrap-up summary or read their Accelerating Growth in Professional Services 2023 Industry Report.
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