Most Fundable Company, Capacity Raises $11M in Series C Financing
10/28/20, 1:10 PM
Location
Money raised
$11 million
Round Type
series c
Capacity, a new kind of helpdesk powered by artificial intelligence, today announces $11 million in Series C financing. This represents $34 million of total investment in the company, which throughout its growth has intentionally eschewed large, institutional investors. To date, capital has been secured or reinvested from initial investors, angel investors, customers, and friends of Capacity, primarily from Midwest sources. The round is another indicator of the company’s rapid growth, having tripled revenue in 2020.
Company Info
Location
st. louis, missouri, united states
Additional Info
Capacity is an AI-powered support automation platform that connects your entire tech stack to answer questions, automate repetitive support tasks, and build solutions to any business challenge. Capacity was founded in 2017 by David Karandish and Chris Sims, and is part of the Equity.com incubator. More information can be found at Capacity's website or on Twitter at @CapacityAI.