General Atlantic announced a strategic growth investment in Plusgrade to support the company’s continued growth and new business segments.
Mar 04, 2024•over 1 year ago
Investors
CdpqGeneral Atlantic
Description
General Atlantic, a leading global growth investor, announced a strategic growth investment in Plusgrade, joining existing investor CDPQ. The investment intends to support the company’s continued growth, including through the acceleration of new business segments and go-to-market efforts, strategic M&A opportunities, and key operational initiatives.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers