News & Content: Member & Partner News

ReviewTrackers Partners with PeakSpan Capital on $10 Million Series-B Fundraise

Tuesday, June 25, 2019   (0 Comments)
Posted by: Sandy Thomas
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I am beyond excited to share with you that today ReviewTrackers has officially closed our Series B round of funding.

We have secured a $10M investment from Peakspan Capital, a growth equity firm based out of Silicon Valley and NYC. Phil Dur, a partner at the firm, reached out to me over two years ago. During the two years that followed, Phil has gotten to know our business intimately while establishing a strong relationship with myself and our board of directors. That relationship has ultimately grown and resulted in a significant investment in ReviewTrackers and our future.

This latest round of funding comes at an important time for brick-and-mortar businesses. Online reviews are driving more and more purchase decisions as 94% of consumers now say that a negative review has convinced them to avoid a business. The new funds will be allocated to strengthening ReviewTrackers’ core product offering, scaling sales and customer success teams.

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