Israeli SaaS team management platform DaPulse has raised $7.6 milion in a series A funding round. Genesis partners led the round, with participation from seed investor Entrée Capital including l1Capital Group. The company, which grew its revenue fivefold in 2015, will use the new funds to accelerate its global growth.
Founded in 2014 by CEO Roy Mann and Eran Zinman, DaPulse is web-based SaaS company, with the goal of introducing a more efficient and intuitive way to manage teams and entire operations. The Tel Aviv-based company's unique visual management tool is fully customized to fit any operation, ranging from R&D, marketing, sales, product and customer-management.
Mann said, “The problem with most team and project management tools is that instead of helping you become more efficient with managing your projects, you end up working extra hard to make your project fit the platform’s structure. It should be the other way around. We wanted to change that. The key factor in fixing this problem was to create something so simple and intuitive, that even when building it with tech companies in mind, it could wildly spread to other industries including Architects, Construction firms, Ad agencies, Restaurants, hotels and even churches and beer breweries. The non-tech segment now consists of more than 70% of DaPulse paying companies."
He added, “We feel that we’ve entered an untapped territory. Our customers mention that they knew there are all kind of project management tools out there, but they all seem very complex and very “techy”. A lot of our customer mention that DaPulse fills a “gap that they didn’t know existed up until now” in their business. This is very exciting for us and we feel the potential here is huge”.
DaPulse has over 4,500 paying customers from 85 countries, a number which doubles every five months. dapulse’s growing user-base includes a wide range of companies, from high-profile startups, such as WeWork, General Assembly, Uber, and Wix through larger firms, such as AOL, Adidas and Frost & Sullivan to smaller teams and even freelancers.
Published by Globes [online], Israel business news - www.globes-online.com - on June 26, 2016
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