Mattermark, an American start-up that publishes a solution for salespeople, has just raised $ 7.3 million (around 6.4 million euros) from Foundry Group, Jon Hallett and its historical investors. This new operation brings the amounts raised by the company since its creation to $ 18.4 million, and its valuation to $ 42 million.
Founded in 2013, Mattermark develops a platform that collects and analyzes data on companies from a multitude of sources in order to structure them. These can then be viewed and used by other professionals. As the company explains on its website, it can be keeping up to date with an important contract in a market, searching for companies according to their profiles, or even prospects. A solution that is aimed not only at sales departments, but also at investors, for example.
The company markets its offer as a service billed annually. “Last year, revenue increased 140% from $ 1 million in 2014 to $ 2.4 million in 2015 and we ended the year with an ARR rate (annual recurring revenue, editor’s note) of more than 3 million dollars ”, assures the company in a blog post.
The objectives of the Start-up
With this new investment, the company wishes to continue developing its solution. Other players are also positioning themselves in this market, such as DataFox or CB Insights (in venture capital). In France, the start-up Data Publica is developing a platform that collects data on companies, in particular in order to find prospects.
CEO: Danielle Morrill
The head office : San Francisco (United States)
Activity: Big data
Funding: $ 18.4 million raised