ReviewTrackers announces $10M funding round
On Tuesday, the Chicago-based provider of review and customer feedback solutions for businesses, ReviewTrackers, announced that they raised $10 million in funding from New York venture capital firm, PeakSpan Capital.
ReviewTrackers started as just a team of a few people, but now they serve over 65,000 businesses and help them to understand their customers better through advanced review and customer feedback technology. Their business solutions allow for analyzing, amplifying, and maximizing customer feedback to accelerate customer acquisition and improve customer retention while driving more authentic connections with customers.
The company states that this round of funding will go to strengthening their core product offering, scaling sales and customer success teams. It will also further solidify their presence in downtown Chicago by expanding its workforce and hiring over 100 people. With the added team members, they are ready to expand the number of businesses they serve by tens of thousands.
“I am so excited about accelerating our mission to help businesses take action today and predict tomorrow,” said CEO Chris Campbell. “This year we will surpass a significant milestone by helping 100k businesses deliver a better customer experience and grow their revenue.”
Phil Dur, Co-Founder and Managing Partner at PeakSpan Capital added, “We’ve been following ReviewTrackers for over two years and in a world of empty product claims from noisy competitors, we’ve been super impressed with their exceptional ability to capture large volumes of reviews while synthesizing them into actionable insights.”
You can learn more about ReviewTrackers at ReviewTrackers.com.
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