March 30, 2018, Orem, UT— Grow.com, the reporting and analytics dashboard solution, recentlyannounced its Series B round of funding. HubSpot participated alongside theirinstitutional investors in the $16M round. To date, Grow has secured $26M intotal funding from investors.
“Grow shares many of the attributes and values that have been keyto our success at HubSpot,” said Brad Coffey, Chief Strategy Officer atHubSpot. “While they have built a fantastic tool, Grow is first and foremost anintelligence provider, and they're focused on customer outcomes, not justmargins. We are incredibly interested and confident in Grow’s success.”
Grow and HubSpot also come from similar origins. Both brandsentered markets that were saturated with enterprise-level solutions butoverlooked small and mid-sized businesses. By providing a tool that isspecifically designed for SMBs, Grow hopes to do for BI what HubSpot did formarketing automation: make it accessible to the thousands of underservedgrowing companies in the mid-market. This, along with shared interest increating beautiful, insightful, content-oriented user experiences, makes thepartnership a natural fit.
"Marketing automation didn’t exist for SMBs until HubSpot,”says Richard Tripp, Chief Product Officer at Grow.com. “HubSpot didn’t inventblogging, marketing automation or CRMs, but they brought a fresh take into theindustry. They took a technical product, created a beautiful interface, andaccompanied it with a great sales and marketing engine. That is what Grow isdoing with BI, and we’re excited to work with the great minds that haveexcelled in the mid-market we share."
The Series B investment will renew the company's growth inempowering businesses to become data-driven and accelerate growth by expandingsales and marketing efforts, creating new features within the app, as well asimproving the HubSpot integration to more effectively serve mutual customers.
“At Grow, we pride ourselves on the aesthetic interface we havecreated for our users," says Rob Nelson, founder and CEO of Grow.com."We look forward to our partnership with HubSpot because we share apassion for doing things beautifully, focusing on SMBs, and providing the rightoutcomes for our customers.”
To learn more about Grow, visit grow.com.
Grow, Inc. Resources:
Company website: grow.com
About Grow, Inc.:
Grow.com is the #1 BI for SMBs. Grow makes it easy and affordableto visualize and share business performance in real time by uniting data fromhundreds of sources, including spreadsheets, databases, and SaaS applications.With Grow’s business intelligence software, companies and leaders can reachtheir full potential. || Grow.com
HubSpot is a leading CRM, marketing, sales, and customer serviceplatform. Since 2006, HubSpot has been on a mission to make the world moreinbound. Today, over 41,500 total customers in more than 90 countries useHubSpot’s award-winning software, services, and support to transform the waythey attract, engage, and delight customers. The HubSpot Growth Stack, built ona powerful, free CRM and comprised of the Marketing Hub, Sales Hub, and soon tobe released Service Hub, gives companies all the tools they need to manage theentire customer experience from awareness to advocacy.
HubSpot has been named a top place to work by Glassdoor,Fortune, The Boston Globe, and The Boston Business Journal. The company isheadquartered in Cambridge, MA with offices in Dublin, Ireland (EMEA HQ);Singapore; Sydney, Australia; Tokyo, Japan; Berlin, Germany; and Portsmouth,NH.
Learn more at www.hubspot.com.
PR & Events Coordinator | Grow, Inc.