- Emergency communication software company AlertMedia announced it raised $15 million in Series C funding
Emergency communication software company AlertMedia announced it raised $15 million in Series C funding. This funding round was led by existing investors including JMI Equity, Next Coast Ventures, and Silverton Partners.
Due to the company’s ease of use, reliability, and mobility, AlertMedia doubled its growth five years in a row while maintaining a strong +84 NPS score. Now AlertMedia supports over 2,000 enterprise customers such as Walmart, DHL, Greyhound, and Healthgrades in all industries across more than 100 countries.
AlertMedia is continuing to grow in response to the market’s unwavering need, which is to help organizations easily and effectively communicate with their employees during critical events like severe weather, workplace violence, and the current COVID-19 pandemic. Recently, the company added nearly 250 enterprise customers during the month of March alone.
In response to the COVID-19 pandemic, AlertMedia customers are using the platform for sending and receiving two-way messages, managing operational changes, performing wellness-checks, and dispatching critical communications to their employees–keeping them safe, informed, and connected.
With this round of funding, AlertMedia plans to accelerate product innovation, continue to support existing customers, and help meet growing market demand by expanding its team.
Key Quotes:
“Our products are made to help organizations navigate critical events–from approaching hurricanes to pandemics to disruptions in supply chain and operations. Our mission is to save lives and minimize loss by facilitating timely communications when an emergency threatens personal safety. Right now, the AlertMedia team is working harder than ever to support companies around the world dealing with the COVID-19 pandemic. We are extremely grateful that our software can help organizations and their people during this pandemic.”
-AlertMedia CEO Brian Cruver
“It’s refreshing to see a company like AlertMedia thrive financially while also helping millions of people every day,” said Bob Nye, General Partner at JMI Equity. “From an investment standpoint, that’s exactly what we want to accomplish–to support an organization that not only has huge potential for growth and a product that is in high demand, but also one that makes it their every day mission to keep people safe and informed and to save lives.“
-JMI Equity general partner Bob Nye
