How Much Did Mediafly Raise? Funding & Key Investors

Mediafly has raised funding across multiple rounds backed by investors including BIP Ventures, Boathouse Capital, and industry insiders. Keep reading to explore Mediafly's fundraising journey, key investors, and what's next for the company.

Below is an in-depth look at Mediafly's funding history, key investors, and future plans.

What Is Mediafly?

Mediafly is a Chicago-based revenue enablement company that provides B2B sales and marketing teams with tools to manage content, engage buyers interactively, and generate revenue intelligence. Founded in 2006, Mediafly's platform helps large, complex enterprises understand, predict, coach, and execute at the highest levels across their go-to-market teams.

How Much Funding Has Mediafly Raised?

Mediafly has raised at least $151M in disclosed funding across multiple rounds, with the most recent being a Convertible Note closed in November 2025. Below is the publicly available funding history:

1. Seed / Angel Rounds (2009–2015)
   • Amount Raised: Multiple small rounds (exact individual amounts largely undisclosed); total estimated at several million dollars from angel investors and early-stage backers including Right Side Capital Management
   • Dates: August 2009 through June 2015
   • Lead Investors: Undisclosed / angel investors
2. Private Equity / Growth Round (January 2017)
   • Amount Raised: USD 10,000,000
   • Date: January 4, 2017
   • Lead Investors: Boathouse Capital
   • Participants: Right Side Capital Management
3. Growth Round (January 2021)
   • Amount Raised: USD 25,000,000
   • Date: January 28, 2021
   • Lead Investors: Boathouse Capital (equity); Sterling National Bank (senior debt)
4. Growth Round (November 2021)
   • Amount Raised: USD 10,000,000
   • Date: November 2021
   • Lead Investors: Industry insiders (names undisclosed)
5. Private Equity Round (August 2023)
   • Amount Raised: USD 80,000,000
   • Date: August 29, 2023
   • Lead Investors: BIP Ventures
   • Participants: Boathouse Capital, Mediafly insiders
6. Convertible Note (November 2025)
   • Amount Raised: USD 15,050,000 (total offering amount per SEC Form D filing dated November 26, 2025)
   • Date: November 2025 (first sale: November 12, 2025)
   • Lead Investors: BIP Ventures (via BIP Ventures Mediafly Convertible Note III-AI, LLC)

Total Amount Raised: At least $151M based on disclosed funding across all rounds.

Key Investors

• BIP Ventures
  • Details: BIP Ventures is an Atlanta, Georgia-based venture capital firm. BIP Ventures led the $80M round in August 2023 and has continued to provide capital via convertible notes, including the November 2025 Convertible Note III. BIP Ventures' investment underscored Mediafly's leadership in the revenue enablement sector.
• Boathouse Capital
  • Details: Boathouse Capital is a Wayne, Pennsylvania-based private equity firm that has been a recurring Mediafly investor since January 2017. The firm has participated in multiple rounds including the $10M growth round (2017), the $25M growth round (2021), and the $80M round (2023), providing equity in each case.
• Sterling National Bank
  • Details: Sterling National Bank provided senior debt as part of Mediafly's $25M growth round in January 2021, reflecting confidence in the company's financial stability and revenue trajectory.
• Right Side Capital Management
  • Details: Right Side Capital Management, a California-based venture capital firm, participated in Mediafly's early-stage funding rounds. They first invested in January 2017 alongside Boathouse Capital.

What's Next for Mediafly?

Mediafly is positioning itself as the go-to revenue enablement platform for large enterprises. With the backing of BIP Ventures and Boathouse Capital, the company aims to extend its capabilities in interactive content, value selling, and revenue intelligence. The company continues to grow its enterprise customer base and invest in AI-driven features to differentiate in the competitive sales enablement landscape.

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