- June 22, 2021
- Posted by: Stratford Team
- Category: Business
NEW YORK–(BUSINESS WIRE)–Qwoted, a platform that is disrupting how journalists connect with brands, small businesses and industry experts, today announced that it has closed a $3 million Series Seed. Venture Capital firm, Third Prime, led this round of seed funding that included co-investment from investment firm Gaingels, pre-seed investors Prosek Venture Partners and Vested, and a consortium of communications firms including Integral, Caliber Corporate Advisers, Haymaker PR, FHS Partners and Red Lab. Additional investors include Caleb Silver, Editor in Chief of Investopedia, David Siegel, CEO of MeetUp and Tom Rovak, Senior Advisor to Fahrenheit 212.
The platform has experienced impressive growth since launching in April of 2019, reporting nearly 40,000 users to date, including over 200 paying users. Qwoted’s revenues have grown nearly 2000% over the past 12 months and the platform’s user base includes premier names like Salesforce,…