QuoteMachine has closed $3.7 million in seed funding led by Manresa Ventures with additional investments from Clocktower Technology Ventures and Precursor Ventures.
The startup, whose retail software platform enables SMBs to scale their big ticket sales and tailored sales experiences involving human interactions, has raised $4.6 million to date.
It intends to use the capital to launch new payment solutions, offer new inventory management capabilities to better empower salespeople and grow its go to market teams.
“Our goal is to emerge as the main sales software powering SMB commerce that places the human touch at the heart of their sales experience,” says JD Rocheteau, CEO at QuoteMachine.
“SMB retailers are uniquely positioned to fulfil their customer’s desire for personalisation. Our team understands this and will empower retailers to deliver a new standard of excellence in customer experience at scale.”
“QuoteMachine provides the best-in-class payment solution for online and offline retailers who rely on high touch, personalised sales for categories such as home and design, pools and spas and high end furniture.” says Jackson Gates, Managing Partner at Manresa Ventures.
“Historically, these retailers needed to take card payments over the phone, process unnecessary paperwork and reconcile multiple payments across their systems.”
“The founders at QuoteMachine have an extensive background building sophisticated payments systems, and they saw an opportunity to remove friction and increase efficiency in an untouched $5B market. We are thrilled to be investing in them and the company.”
“We are thrilled to be part of QuoteMachine’s funding round as the company seeks to empower sophisticated SMB commerce experiences,” says Ben Savage, a partner at Clocktower Technology Ventures.
“The company’s payment and checkout experience especially highlights the software’s FinTech play as it streamlines financial services to deliver value for merchants rather than creating friction in the sales process.”
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