- JumpCrew, a Nashville-based client acquisition platform announced it raised $7.2 million in Series B
- This round of funding was co-led by Nashville Capital Network (NCN) and Hinsdale Capital
Nashville-based JumpCrew is a leading client acquisition platform that is focused on integrating marketing and sales solutions founded by CEO Robert Henderson and executive chairman David Pachter in 2016. And JumpCrew specializes in building awareness, growing business leads, and closing sales.
Recently, JumpCrew announced it raised $7.2 million in Series B. This round of funding was co-led by Nashville Capital Network (NCN) and Hinsdale Capital. This funding round follows explosive growth this year and three acquisitions in 2018 (AHRN.com, MyBaseGuide.com, and Target Marketing). And the capital will fuel product innovation and talent recruitment along with making additional acquisitions in 2019. This round of funding builds on JumpCrew’s prior funding round of $8.7 million.
“JumpCrew has proven that digital sales and marketing transformation can happen in six months,” said David Pachter, Co-Founder and Executive Chairman at JumpCrew. “Companies come to JumpCrew because of its proven track record of increasing revenues at a high velocity. JumpCrew offers a solution that drives results and scales. For the brands we acquire, we invest in a more comprehensive reinvention of their businesses, pairing quality content with a reinvigorated integrated marketing and sales strategy.”
JumpCrew also announced it has Dave Elchoness as Chief Technology Officer. Elchoness was previously SVP of Product & Technology at MediaNews Group where he was responsible for all products and technologies across both the news and AdTaxi marketing businesses. Elchoness is going to lead a sales platform team at JumpCrew’s newly established Denver Tech Center.
“We’re excited for Dave to join JumpCrew and spearhead our team out of the company’s first Denver office,” said Robert Henderson, CEO at JumpCrew. “Dave will help bring JumpCrew’s tech offering to the next level and continue to enhance the capabilities we’re able to offer our clients.”
JumpCrew also allows clients to accelerate sales by integrating lead generation and sales execution. The company has grown its enterprise client roster to over 50 customers including Experian and Unilever. In the past year, JumpCrew grew to more than $35 million in annualized sales and expanded its workforce to more than 350 people.
“JumpCrew has demonstrated a great ability to use technology to maximize growth. Sound strategy and flawless execution have enabled JumpCrew to build high-quality revenue for its clients and expand their offerings through acquisitions,” said Sid Chambless, Managing Partner at NCN Partners Fund. “This is a rapidly growing business that is both disrupting and transforming the digital media and publishing space. We are pleased to be partners with Hinsdale and the JumpCrew management team.”
