Total amount raised
$16 Million
Latest funding date
12/01/2022
Location
Cacheflow has successfully raised funding over two rounds, with notable investors including Google Ventures, Notable Capital, and Pelion Venture Partners. The company, which specializes in automating the proposal-to-payment process for SaaS sales, has been acquired by HubSpot.
Keep reading to explore the intricacies of Cacheflow's fundraising journey and the investors backing this innovative platform.
What Is Cacheflow?
Cacheflow, a company based in Los Altos, California, operates in the B2B, FinTech, Payments, SaaS, and Sales industries. The company specializes in a zero-code SaaS sales platform that automates the proposal-to-payment process. Cacheflow has an employee count of 11-50.
Founded by a team of industry experts, Cacheflow has successfully raised funding over two rounds and has been acquired by HubSpot. The company's innovative platform has attracted notable investors, including Notable Capital and Pelion Venture Partners.
How Much Funding Has Cacheflow Raised?
- Seed Round
- Amount Raised: USD 6,000,000
- Date: September 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: The initial funding was likely aimed at developing and bringing their product to market as the company came out of stealth.
- Seed+ Round
- Amount Raised: USD 10,000,000
- Date: December 2022
- Lead Investors: Google Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: The funding was intended to accelerate Cacheflow's sales and marketing efforts and to capitalize on the company's momentum and the real problem it solves in the software sales closing process.
Total Amount Raised: USD 16,000,000. Current Valuation: Not publicly disclosed.
Key Investors
- Google Ventures (GV)
- Details: Google Ventures, also known as GV, is the venture capital investment arm of Alphabet Inc. It provides seed, venture, and growth-stage funding to technology companies.
- Investment Focus Areas: Consumer, Enterprise, Life Sciences, Data and AI, Robotics, Transportation
- Notable Investments: Uber, Slack, Nest
- Notable Capital
- Details: Notable Capital is one of the investors in Cacheflow. Specific details about Notable Capital are not provided in the sources.
- Investment Focus Areas: Not publicly disclosed
- Notable Investments: Not publicly disclosed
- Pelion Venture Partners
- Details: Pelion Venture Partners is a venture capital firm that invests in early-stage technology companies. They have been involved in Cacheflow's funding rounds.
- Investment Focus Areas: Early-stage technology companies
- Notable Investments: Red Hat, Riverbed Technology, Cloudflare
- GGV Capital
- Details: GGV Capital is a global venture capital firm that invests in seed-to-growth stage companies in the consumer, internet, and enterprise sectors.
- Investment Focus Areas: Consumer, Internet, Enterprise
- Notable Investments: Alibaba, Square, Grab
What's Next for Cacheflow?
Cacheflow stands at the cusp of significant growth opportunities. With its zero-code SaaS sales platform, the company is poised to tap into the expansive and ever-growing SaaS market. The recent $10 million funding round, which doubled its valuation, underscores the vast potential and investor confidence in Cacheflow's ability to simplify and automate the sales process for businesses of all sizes.
As Cacheflow continues to expand, future fundraising opportunities seem promising. The involvement of prominent investors like GV and GGV Capital could pave the way for additional funding rounds, enabling Cacheflow to scale its operations and enhance its platform. However, the company may face challenges such as intense competition from other SaaS platforms and the need to continuously innovate to meet evolving customer expectations.
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like Cacheflow and gather other critical business insights.
Sign up for free to start transforming your sales strategy today.
