SalesLyft Partners with Wisper Ventures for Next Phase of Growth
SalesLyft has had incredible growth in the adoption of their platform, providing mobility enablement for Ingram Micro, ROK Mobile, AT&T Partner Exchange SPs, and Microtech as well as many others
"Wisper Ventures understands the dynamics of the contemporary recurring-revenue model, unlike traditional funding sources," said Scott Jonasz, President and CEO of SalesLyft. "Because they grasp the nature of our business, Wisper Ventures was able to work intelligently and intensely to structure a credit facility that meets our needs for investment in growth and product development,"
Founded in 2014, SalesLyft has had incredible growth in the adoption of their platform, providing mobility enablement for Ingram Micro, ROK Mobile, AT&T Partner Exchange SPs, and Microtech as well as many others. This success attracted interest from other industries, and allowed them to expand their engagements beyond mobility into the Federal Government with two platform deployments within a few months, as well as white-labeled, distributor engagements within the B2B Enterprise and Mobility sector with Ingram Micro, a global distributor with 20,000+ Resellers, who will leverage our Mobility Enablement Platform and modules from their Logix Monetization Platform.
"As SalesLyft continues its successful growth into new industries and verticals, we will expand our investment in their platform technology, personnel, and global footprint to ensure they remain the leader and pioneer in revenue enablement services," said Scott Peters, Partner of Wisper Ventures. "We are pleased SalesLyft selected Wisper Ventures and are excited to see their next phase of growth."
Phoenix-based Black Dog Venture Partners provided advisory services for this transaction.
SalesLyft provides a cloud-based, SaaS platform that enables the marketing, sale, and monetization of any product, service, or solution – within a few clicks. SalesLyft's Logix Enablement platform provides a comprehensive business management and integrated monetization acceleration system, eliminating the need for multiple SaaS Platforms, systems, and personnel to manage them. The platform is deployable anywhere and accessible from any device. For more information, visit http://www.saleslyft.com.
About Wisper Ventures
Wisper Ventures' team has been providing financing services for more than 25 years. Our understanding of early stage growth companies with recurring revenue utilizing wireless technology allows us to finance the best in class. The team has collectively structured more than $100MM in venture debt and equipment leasing to support both organic growth and acquisitions. Visit Wisper online at http://wisperventures.com/
Scott Kelly, Black Dog Venture Partners