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Plotline snaps $2.6M in a seed funding round led by Elevation Capital to bolster R&D and expansion

May 02, 2024•about 1 year ago

Amount Raised

$2.6 Million

Round Type

seed

Salt Lake CitySoftware

Investors

Elevation Capital

Description

Plotline, founded in 2022 by Shubham Jindal and Adarsh Tadimari, just secured $2.6 million in funding from Elevation Capital. The investment will be utilized to enhance key functions across R&D, marketing, and sales, as well as for an expansion in the US, Middle East, Africa, and Asia-Pacific regions.

Company Information

Company

Plotline

Location

Salt Lake City, Utah, United States

About

Plotline enables product and growth teams in mobile-first companies to build no-code and native experiences for their users, to improve in-app funnel metrics. We provide powerful event-based targeting and user segmentation to help the right user take the right action at the right time.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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