PERQ Scores Major Round of Funding
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndianapolis-based marketing firm PERQ has secured a $1.7 million round of funding. The firm says the money, from 4G Ventures in Indianapolis, will be used to boost sales and marketing of its FATWIN Web Engagement software platform and add more than 30 jobs over the next year.
PERQ says the platform has landed 200 customers since launching in the summer of 2015 and surpassed $1 million in annual recurring revenue in nine months. The company says the growth is due to the "fundamental difference in how the organization approaches online consumer engagement."
"This funding will allow us to continue investing in hiring Sales and Marketing professionals from the incredible pool of talent that Indianapolis has to offer," said Andy Medley, co-founder and president of PERQ. "The infusion of new talent will be critical as we focus on accelerated expansion into new verticals, such as multi-family, furniture, and enterprise customers."
4G Ventures Managing Director Bill Godfrey will remain on the PERQ Board of Directors. He has served on the board since 2013.
"We are grateful for the investment of Bill Godfrey’s time over the past few years," said Scott Hill, co-founder and executive chairman of PERQ. "This funding from 4G Ventures will allow us to accelerate the adoption of highly engaging, and meaningful, interactive experiences that provide more value, and leads, to businesses than a simple “contact us” button or static form."