Business communications software firm Avochato today announced that it has raised $5 million in Series A funding from Amity Ventures with the participation of XSeed Capital, Michael Stoppelman (former Yelp executive) and Jonathan Swanson (co-founder and president of Thumbtack) Avochato, which provides the Mobile Messaging Platform for Customer Relationship Management (CRM) to hundreds of customers and seven-figure revenue in one year, with only five employees.
Funding signals the strong early traction of Avochato and the growing need for more advanced and streamlined messaging solutions as businesses respond to shifts in communication behaviors. With consumer communication trends rapidly shifting towards messaging applications, customers are demanding faster and higher-quality engagement experiences that businesses cannot accommodate solely by phone and e-mail.
“Our priority is to help businesses adopt the shift to messaging as a primary form of communication,” said Alex De Simone, CEO and co-founder of Avochato. “We are excited about this next phase of growth as we continue to provide the best technology for businesses to succeed in the transition. “That’s right.
Avochato will use the investment to further expand its sales team and add more robust features for enterprise companies to deliver seamless communication experience across Avochato’s sales, support and operating teams. With Avochato, businesses can accelerate revenue growth and improve the response times of agents beyond what can be achieved through phone calls or email. Avochato’s solution enables businesses to provide superior customer experience, which increases engagement and, in turn, sales conversions.
“Engaging consumers through text and message applications drives both faster and higher-quality customer queries,” said CJ Reim, Managing Partner at Amity Ventures. “We’re excited to partner with the Avochato team as they build the next generation of business communication tools. “Reim will join the Board of Avochato as part of the investment.
Avochato’s messaging platform allows businesses to interact directly with their customers without requiring them to download any software or even a smartphone. Businesses may transfer their own number to Avochato or provide a unique telephone number or set of telephone numbers (‘Avochato Numbers’) that prospective customers, current customers or staff may send text messages to Avochato. When someone sends an Avochato number, the message arrives in a shared inbox where Avochato users and their team can review, prioritize and respond in a coordinated manner, whether on the desk or on the go.
About the Avocato
Avochato is a software company providing a communication platform for sales, support and operations teams. Avochato enables companies of all kinds to communicate seamlessly with staff, customers and prospects through reliable, easy-to-use text messaging software. Launched in 2017 by Alex De Simone and Christopher Neale, the company is headquartered in San Francisco, California. And has raised $6 million in total funding so far. The company’s investors include Amity Ventures, XSeed Capital, Burst Capital, Base Ventures, Michael Stoppelman (former CEO of Yelp), Jonathan Swanson (founder and President of Thumbtack), Jake Zeller (AngelList Partner), Walt Weissman (Chairman of TradeLink LLC), Mike Ghaffary (former CEO of Eat24), Sarah Kunst (Cleo Capital Managing Director) and Vijay Pandurangan (former Twitter Director of Engineering). Salesforce and Google are key partners Avochato integrates with thousands of platforms via Zapier and features custom integration with Salesforce, Microsoft Office, and Slack. Visit: https://www for more information Avocato Com/Com
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