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Textel Announces $4M Series A Funding

2020-10-21
ST. LOUIS, MO, Textel announced it recently completed a $4M Series A funding round led by Cultivation Capital.
Textel, the cloud-based texting platform for contact centers, announced it recently completed a $4M Series A funding round. Cultivation Capital led the round with additional investment from Stout Street Capital and Capital Midwest Fund III. This latest funding round brings Textel's total funds raised to $5M and accelerates their plans to drive additional partner sales and marketing. Textel will also use the funds to deliver on additional product functionality.

Founded in 2014, Textel provides a texting platform for contact centers that is specifically designed to improve the customer experience, increase customer engagement, improve contact center performance and efficiency and drive revenue. With nearly 800 customers across North America, Textel is the texting platform for organizations who want to communicate with customers faster and more efficiently than traditional channels (email, voice, chat), improve the customer experience, and positively impact the KPIs of the contact center.
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