The seed round was co-led by Eurazeo and Stride with backing from institutional and angel investors.
"Previously, businesses had to hire credit control specialists or give extra tasks to existing members of their team to manually monitor the payment dynamics of customers. An employee had to identify late payers, then prioritize, contact and follow up with individual clients to ensure late payments were received. This was not only time-consuming but also stressful for business owners and often prone to errors,"
The Series B round was led by Highland Europe with participation from Highland Capital, HubSpot Ventures, and RLC Ventures.
"While corporate gifting has long promised to be the solution to generic, spammy marketing, it has not yet matched the needs or standards of today's companies and consumers. Reachdesk breaks the mould. Our data-led, AI-powered and integrated approach allows us to be there for our customers at every stage, via one single, simple yet powerful and trusted global platform,"
