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Venture Capital News: Balto Grabs $37.5M Series B Financing

2021-08-19
ST. LOUIS, MO, Balto has announced the completion of a $37.5 million Series B funding round.
Balto, the #1 Real-Time Guidance Platform for contact centers, has announced the completion of a $37.5 million Series B funding round. The funding is led by Stripes and joined by RingCentral Ventures.

Existing investors that participated include Sierra Ventures, TIA Ventures, OCA Ventures, Stage Venture Partners, SaaS Venture Capital, Sandalphon Capital, Cultivation Capital, and Atreides Management. Riadh Dridi, Stripes Operating Partner and CMO at Automation Anywhere, joins Balto's board.

Balto is the #1 Real-Time Guidance Platform for contact centers. Balto is centered around a simple truth: Better conversations make more money. Powered by AI, Balto scales best practices to agents with the push of a button and gives immediate insight into what's working and what's not. Founded in 2017 and based in St. Louis, Missouri, Balto has guided over 75 million conversations around the world.
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