LOUISVILLE, Ky., July 18, 2024 — USA Cares is honored to announce the organization has been granted $2 million in funding from the Commonwealth of Kentucky. This generous allocation will be instrumental in providing financial hardship assistance to veterans across Kentucky, ensuring those who have served our country receive the support they need and deserve.
The funding will be distributed to USA Cares over a two-year period that began on July 5, 2024 and will conclude on June 30, 2026. This significant financial support has enabled USA Cares to broaden its services to include pre-9/11 veterans. Qualifying circumstances have also been expanded beyond essential needs to include assistance for things like emergency car repairs and veteran burial expenses.
Veterans living in Kentucky who believe they may qualify for assistance are encouraged to apply online at usacares.org/gethelp. Applicants are required to provide proof of hardship and military service.
“We are deeply grateful to the Commonwealth of Kentucky for this significant investment in our veterans,” said Trace Chesser, President and CEO of USA Cares. “With the support of our home state, we can continue to uphold our mission of alleviating the burdens faced by Kentucky’s veterans and help them build a brighter, more secure future.”
For more information about USA Cares and this program, please visit usacares.org.
ABOUT USA CARES
USA Cares is a 501(c)(3) national nonprofit headquartered in Louisville, Kentucky. USA Cares’ mission is to provide post-9/11 military veterans, service members, and their families with financial assistance and post service skills training to create a foundation for long-term stability. Their services improve the quality of life for veterans and their families and reduce potential factors that can contribute to veteran suicide.
HERNDON, Va., July 18, 2024 — Akima, a premier provider of products and services to federal agencies, announced today that its subsidiary Akima Intra-Data (AID) was awarded a $78.9 million contract by the U.S. Army for fire and emergency services logistics support at Fort Irwin, California.
AID will collaborate closely with the U.S. Army to deliver full-spectrum facilities and logistics services that improve the Army’s mission readiness, support emergency services in the region to include 24-hour fire suppression, dispatching, and operations personnel as well as fire prevention and inspection personnel.
“Fort Irwin stands as a shining example of a military community that takes a proactive and forward-thinking stance towards emergency services and wildfire preparedness,” said Scott Rauer, President of Akima’s Facilities Solutions Group. “As a new partner in providing critical emergency services support and logistics expertise to Fort Irwin, Akima remains committed to safeguarding military personnel, their families, and the surrounding communities from the devastating effects of wildfires and other emergencies.”
Fort Irwin, in California’s Mojave Desert, is home to the U.S. Army’s National Training Center, where the Department of Emergency Services prepares for and supports emergency responses to man-made and natural disasters, such as wildfires. The Mojave and Colorado deserts in Southern California are becoming increasingly susceptible to wildfires due to the increasing levels of invasive grasses and dry underbrush in the region.
“As wildfires pose significant threats to California’s communities and ecosystems, integrating advanced fire and emergency logistics and supply chain support will remain vital to mitigating their impact,” said Rauer.
About Akima Intra-Data As a small business wholly owned by Akima, an Alaska Native Corporation, Akima Intra-Data (AID) provides comprehensive base operations and logistics services designed to keep installations running smoothly so customers can focus on their missions. Whether the job calls for full-spectrum facilities, maintenance, and repair or managing multi-billion dollar inventories in secure warehouses, AID has the right people, the right solution, and the right price. To learn more about AID, visit www.akimaintradata.com.
About Akima Akima is a global enterprise delivering comprehensive solutions to the federal government in the core areas of information technology; facilities & ground logistics; aerospace solutions; protective services; systems engineering; mission support; furniture, fixtures and equipment (FF&E); and construction. As a subsidiary of NANA, an Alaska Native Corporation owned by more than 15,000 Iñupiat shareholders, Akima’s core mission is to enable superior outcomes for our customers’ missions while simultaneously creating a long-lived asset for NANA consistent with our Iñupiat values. In 2023, Akima ranked #34 on Washington Technology’s Top 100 list and in the top 70 of Bloomberg Government’s BGOV200 list of top federal contractors for the last three years. To learn more about Akima, visit www.akima.com.
SAN FRANCISCO, July 18, 2024 — Marathon Fusion, a startup developing fuel processing technology for the fusion industry, announced today a fundraise led by 1517 Fund and Anglo American, with participation from Übermorgen Ventures, Shared Future Fund, Malcolm Handley and other leading investors. Alongside a CREATE award from the Department of Energy’s ARPA-E, these investments bring Marathon Fusion’s total funding to $6.9M.
Fusion can play a critical role in the energy transformation by providing clean, affordable and firm power at terawatt scale. But to fulfill that vision, the industry needs high-throughput processing of fusion fuel to meet the demands of commercial power plants.
Since its founding in 2023, Marathon Fusion has been dedicated to making improvements to fuel processing efficiency. Its technology allows fusion power plants to operate with less tritium inventory, enabling smaller facilities and improved operational expenses.
Marathon Fusion was supported early on by the Breakthrough Energy Fellows program, which funds promising, early-stage ideas and technologies in the fight against climate change. By providing capital, mentorship, education, and access to the Breakthrough Energy network, the program helps bridge the gap from lab to market.
Now working to commercialize this technology to enable rapid, efficient and high-throughput processing of fusion fuel, Marathon aims to reduce onsite tritium inventories and improve plant economics, helping to ensure that fusion has a path to scale to its full potential.
The new funding will allow Marathon Fusion to accelerate the development and deployment of its fuel processing technology in fusion power plants. The company has signed Letters of Intent with Commonwealth Fusion Systems and Helion Energy, two leading fusion startups aiming for the near-term deployment of fusion power plants.
“Part of the success of the ARC program will lie with industrial innovators to develop systems solving technical challenges inherent to fusion and enabling fusion power plants to be economically viable,” said Brandon Sorbom, Chief Science Officer, and Co-founder, Commonwealth Fusion Systems. “We see Marathon’s technology as one of these key enablers. By facilitating continuous operation for fusion devices, efficient fuel systems can provide three major benefits: a lower tritium inventory, cost savings, and an overall simplification of the power plant.”
“Fusion fuel is immensely valuable but also highly scarce. Fusion power plants will require a closed fuel cycle, making it crucial to recycle fuel from exhaust back into injection systems as quickly as possible,” said Malcolm Handley, founder of Strong Atomics. “Fuel processing is one of a few critical engineering problems that really enable the fusion ecosystem as a whole, and Marathon is leading the charge here.”
“Advances in energy creation are about abundance: by using more energy, we can do more as a civilization. Fusion is a clean, incredibly dense source of energy, and crucially, provides a viable replacement for always-on baseload power plants,” said Danielle Strachman – founder and General Partner at 1517 Fund. “Marathon Fusion’s technology will enable the growth of the fusion industry beyond breakeven, helping usher in large-scale deployment and a new era of energy creation.”
Marathon Fusion is currently hiring for roles in San Francisco. To learn more, visit www.marathonfusion.com.
About Marathon Fusion Marathon Fusion began operations in 2023 to develop high-efficiency fuel systems to accelerate the deployment and improve the economics of fusion power plants. Marathon’s technology is designed to enable the rapid, continuous, and high-throughput recycling of fusion fuel. Marathon is supported by leading institutions including the Department of Energy’s ARPA-E, Breakthrough Energy Fellows, 1517 Fund, Übermorgen Ventures, Anglo American Decarbonization Ventures, Shared Future Fund, and Malcolm Handley. For more information, visit www.marathonfusion.com.
About Breakthrough Energy Fellows The Breakthrough Energy Fellows program is designed to tackle early-stage barriers to climate technology innovation. By providing scientists, innovators, and entrepreneurs with research funding and hands-on support, the program ensures projects have the resources they need to advance to the next stages of development.
GRAPEVINE, Texas, July 18, 2024 — Car Capital Technologies, Inc. (“Car Capital”), a trusted partner for independent and franchise automotive dealerships seeking innovative financing solutions, is excited to announce major funding commitments to continue to expand the business, further enhance origination capabilities and drive significant portfolio growth. The company has successfully closed a senior/subordinate warehouse financing facility and secured lead equity investments from two strategic partners as part of its recently launched Series B funding round.
In a move to diversify and expand its financing sources to better serve its dealer partners, Car Capital has secured a $70 Million Committed Warehouse Facility provided by Westlake Capital Finance, LLC and Medalist Partners. Car Capital expects to expand this facility as originations continue to accelerate over the next several quarters and into 2025. This innovative private credit financing solution is comprised of both Class A and Class B secured debt and will further Car Capital’s support of its dealer network, allowing them to scale and thrive in today’s competitive market.
Additionally, Car Capital has secured strategic equity capital commitments from existing investors to support the growth initiatives into the second half of 2025. This infusion of capital will enable the company to continue to expand its dealer network, enhance its technology platform, and deploy future generations of AI-compatible underwriting models.
In addition to these critical financial milestones, Car Capital is proud to welcome three key executives to its leadership team:
Jeff Adams, a seasoned auto industry executive, has joined the board of directors. Jeff brings over 30 years of experience in the automotive retail and financing industry and is currently the EVP of Global Remarketing & Asset Management at Hertz. He has also worked for two auto manufacturers and held executive positions at auto retailers. His extensive expertise in auto remarketing and retailing will be invaluable as Car Capital navigates its next phase of growth.
Kevin Godart, an accomplished expert in tech-focused capital markets, has been appointed as Head of Capital Markets and Assistant Treasurer. With a diverse background in capital markets, Kevin has previously served in comparable capacities at Upstart and LendingPoint. His expertise in securing capital within the tech-enabled specialty finance sector perfectly aligns with Car Capital’s current growth plans. Kevin will focus on securing funding across the business, including new forward flow capital, additional senior and subordinate warehouse capacity, and strategic capital as necessary.
Deanna Hamideh, a seasoned industry and financial reporting accountant with over 25 years of experience, has been named Controller. Deanna joins us from One Main Financial and brings a wealth of knowledge in all aspects of specialty accounting and finance. Prior to One Main, Deanna also founded DJH Accounting & Consulting LLC and served in leadership roles at AmeriCredit (Predecessor to GM Financial). She will focus on enhancing and further developing the accounting and financial reporting infrastructure for the company and all of its funding partners.
“We are excited to welcome Jeff Adams to our board of directors and both Kevin Godart and Deanna Hamideh to our management team. I am excited for the company to benefit from their extensive industry experience and am confident that they will be instrumental in continuing to help build a world class auto finance solutions organization,” said CEO Jim Landy. “The successful closing of our senior and subordinate financing transaction and our continuing strategic capital raise, reflects our commitment to innovation and dedication to supporting our dealer partners’ success.”
With these developments, Car Capital is well-positioned to continue its mission of empowering independent and franchise dealerships with efficient financing solutions enabled through technology, driving growth in the automotive financing industry.
About Car Capital Technologies:
Car Capital Technologies is a leading provider of financing solutions for independent and franchise automotive dealerships. Offering tailored financing options with dealer participation in financing revenue and retaining the financing relationship with the consumer, Car Capital enables real-time approvals with personalized payments on eligible inventory. This allows dealers to meet their customers’ unique needs with an end-to-end digital process. Focused on innovation and customer success, Car Capital is committed to helping dealerships thrive in today’s dynamic market environment.
LONDON, July 18, 2024 — Ben Funk, partner at Launchbay Capital, a leading multistage venture firm, today highlighted the rapid growth and potential of private market secondaries as a key investment strategy for both institutional and individual investors, looking for risk-mitigated options.
Ben Funk
“Private market secondaries have evolved from a niche market to a mainstream investment strategy,” said Funk. “We’re seeing unprecedented growth in this sector, with the market reaching $132 billion in 2023, up from $42 billion in 2015. This represents a compound annual growth rate of over 15%, making it one of the fastest-growing segments in alternative investments.”
Recognizing the potential of the secondary market, several firms have launched or are in the process of raising significant secondary funds, including Blackstone, StepStone Group, and HarbourVest. These funds are complemented by more focused players like Launchbay Capital, 137 Ventures, and Manhattan Venture Partners, which specialize in shorter duration funds and more liquid secondary investments.
Funk also noted the growing interest from global family offices and institutional investors. “We’re seeing increased participation from pension funds and family offices, which is boosting liquidity in the secondary market. This trend is particularly notable in emerging markets like Mexico, where the venture secondaries market is projected to exceed $1 billion in transaction volume over the next 2-3 years.”
This growth is driven by several factors:
Higher Returns: Secondary funds often offer high Internal Rate of Return (IRR), potentially exceeding the performance of most public markets.
Shorter Holding Periods: Unlike traditional private equity funds with 10+ year lifecycles, secondary funds typically offer 4-5 year investment periods, allowing faster realization of returns.
Attractive Valuations: The tech market adjustment of 2022-2023 has led to more realistic private company valuations, creating opportunities for secondary buyers.
Diversification: Secondaries allow investors to build diversified portfolios of late-stage private companies, spreading risk across multiple investments.
Increased Transparency: New platform technologies like Forge Global, Hiive, and Launchbay provide real-time data on private company valuations, enabling more transparent and informed decision-making. The valuation and performance of these investments, as well as deals legal support, that are carried out independently with firms such as Kroll, GreenbergTrauig and regional specialists such as 414 Capital.
Funk cited successful case studies, including Airbnb and SpaceX, where secondary investments yielded significant returns. In Airbnb’s case, investors in a 2016 secondary round saw a substantial well documented multiple as a return on their investment in just four years, when the company went public in 2020.
“At Launchbay Capital, we’re leveraging our expertise and technology to capitalize on these opportunities,” Funk stated. “Our team has developed robust due diligence processes and industry networks that allow us to identify and invest in high-potential secondary opportunities.”
NEW YORK, July 18, 2024 — New York-based Coast, which offers a simple and smart way for companies in the United States to manage fuel and fleet spending, today announced it has raised $40 million in new Series B financing, led by ICONIQ Growth. The round included participation from existing investors Accel, Insight Partners, Vesey Ventures, and Avid Ventures, as well as new investors Thomvest.
Coast has raised $40 million in new Series B financing, and has announced a strategic investment from Synchrony, building on the momentum from its release of a first-of-its-kind mobile app that eases the collection and verification of transaction data for fleet payments.
Coast also announced a strategic investment from Synchrony, a leading consumer financial services company delivering one of the industry’s most complete digitally-enabled product suites across diverse sectors. The investment in Coast aligns with Synchrony’s presence in the aftermarket auto segment where it partners with many top national tire, petrol, auto parts and maintenance retailers like Discount Tire and Pep Boys.
ICONIQ Growth General Partner Yoonkee Sull has joined Coast’s board of directors as part of the new funding. The Series B brings Coast’s total equity financing to nearly $100M and comes months after it announced its previous round of $92 million in debt and equity.
For the nearly one million American businesses that collectively operate around 40 million vehicles in their commercial fleets – including field service businesses like HVAC, plumbing, landscaping, pest control, construction, government fleets and long-haul trucking – managing expenses in the field is a major challenge.
Over the decades, a handful of incumbent payment solutions have emerged to serve fleet-operating companies’ needs with fuel cards, to allow fleet managers to set field-specific controls, like restricting purchases to only fuel products, or tracking expenses on a per-vehicle basis. The fleet fuel payments on these specialized cards add up to a staggering $120 billion annually in the US.
“We’re thrilled to be partnering with ICONIQ Growth, a legendary investor in fintech, and fleet and field services,” said Coast founder and CEO Daniel Simon. “ICONIQ brings to bear not just their deep capital base but also their rich experience in Coast’s domains and expansive community, which can drive partnerships and accelerate expansion for Coast’s fleet product.”
Coast reimagines fleet payments, enabled by mobile technology and state-of-the-art vehicle data and telematics. The company has seen its revenue grow over ten times in the last 18 months. Thousands of businesses are now using Coast, some with just a handful of fleet cards, and others with more than 1,000 cards. Surveyed customers saved an average of 9-10% on fuel bills and 16 hours of monthly administrative work when switching to Coast from another fuel card or payment method.
“Companies like Coast do not come along every day. We are incredibly impressed with Coast’s proven traction, leadership, and deep expertise in fintech,” said Yoonkee Sull. “We believe Daniel and team are using exceptional software to challenge incumbents in a massive market and making a difference in hundreds of thousands of American businesses. We are thrilled to partner with them on their mission to simplify the day-to-day management of thousands of fleets.”
This month, Coast launched a first-of-its-kind mobile app that eases the collection and verification of transaction data for fleet payments, such as receipts, memos, and job codes, which can be pushed to its customers’ accounting systems. It has also expanded the use of virtual cards, shared team budgets, and spend programs to simplify back-office purchasing for its trades and transportation business customers.
Building on their momentum, Coast has inked new partnerships with BuildOps, Sheetz and 7-Eleven, adding to a growing list of partners across retailers, fuel brands, and technology providers.
Coast will use the new funding to accelerate its product and partnership development, including expanding to other financial services needs of its business customers, such as accounts payable automation and bill payments, and adding to its growing list of integration partners. The company will also continue to grow its team, including at its newly established second headquarters in Utah.
About Coast Coast is re-imagining the trillion-dollar US B2B card payments infrastructure, with a focus on the country’s 500,000 commercial fleets, 40 million commercial vehicles, and many million commercial drivers. Drivers, fleets, and the merchants that serve them all increasingly demand modern digital payments experiences and affordable and transparent financial services products. Coast’s mission is to deliver them at a transformational scale and to improve working lives in one of the country’s biggest industry sectors. Coast is founded and led by Daniel Simon, who previously co-founded digital payments platform Bread, which was acquired by Alliance Data Systems for more than $500 million in 2020. For more information, visit https://coastpay.com/.
About ICONIQ Growth ICONIQ Growth partners with visionaries defining the future of their industries to transform the world. Our investment platform and unique ecosystem helps amplify our portfolio companies’ success from early growth stage to IPO and beyond. Our portfolio includes Adyen, Airbnb, Alibaba, Alteryx, Automattic, BambooHR, Braze, Chime, Collibra, Coupa, Datadog, Docusign, Gitlab, Marqeta, Miro, Procore, Red Ventures, Relativity, ServiceTitan, Snowflake, Sprinklr, Truckstop, Uber, Wolt, and Zoom, among others. For more information, please visit https://www.iconiqcapital.com/growth.
About Synchrony Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry’s most complete digitally-enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoor, pet and more. We have an established and diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers, which we refer to as our “partners.” We connect our partners and consumers through our dynamic financial ecosystem and provide them with a diverse set of financing solutions and innovative digital capabilities to address their specific needs and deliver seamless, omnichannel experiences. We offer the right financing products to the right customers in their channel of choice. For more information, visit www.synchrony.com.
Media Contact: Heather Ripley Ripley PR 865-977-1973 [email protected]
SAN DIEGO, July 18, 2024 — New Frontier Funding, a pioneer in leveraging generative AI to help small and medium-sized businesses (SMBs) find credit and debt funding, today announced it has closed a significant round of growth capital from the Homsher Family Office.
The investment highlights the power of generative AI in production to solve a systematic and complex problem: getting more capital into the hands of business owners.
Currently, 68% of U.S. SMBs are undercapitalized, while private credit funds hold over $1.3 trillion in unutilized capital. The problem is not supply and demand, it’s connecting the two.
New Frontier bridges this gap by taking the side of the business owner, assessing their business, and then making introductions to the few capital sources who are most likely to fund their company. This process saves time, and results in better capital from high-integrity lenders.
The company uses its proprietary data and fine-tunes OpenAI’s language models for semantic search and agentic workflows to reduce back-office work and accurately match borrowers with lenders.
This round of growth capital will fund technology infrastructure, continued development of AI, and making additional leadership hires to keep the business on its 400% year-over-year growth trajectory.
The terms of the transaction were undisclosed.
About New Frontier Funding New Frontier Funding works on behalf of business owners to secure the best credit and debt options to support growth and operations. It combines rigorous data science and AI with deep domain expertise and a simple credo: “do the right thing for the business owner,” to pair borrowers with lenders that allow for efficient deal-making in the fragmented and opaque SMB lending ecosystem.
About Homsher Family Office Established in 2015 and based in San Diego, California, the Homsher Family Office aims for capital preservation through investments in uncorrelated alternative asset classes and direct investments in the financial technology sector. With its principal member’s long history and track record in financial services and banking, it seeks to partner with management teams, and add value through capital, insight, and relationships.
Funding to Fuel Expansion into New Markets, Enhance Technology, and Grow Team; EverFence provides instant quotes, faster lead times, and the widest range of fence types in the U.S.
NEWPORT BEACH, Calif., July 18, 2024 — HIPstr, HighPost Capital’s Early-Stage Investment arm fuels EverFence’s expansion into new markets with a $7M Series A funding round. The funding will enhance technology and grow the team, aimed at transforming an outdated Home Improvement process. HighPost was established in 2019 by David Moross, a veteran of PE investing in the consumer sector, and successful marketing innovator Mark Bezos.
EverFence Web App
According to Grand View Research, the global fencing market is experiencing strong growth, with total transaction value reaching $30.4 billion in 2023 and a projected compound annual growth rate (CAGR) of 5.6% from 2023 to 2032.
David Moross, Chairman and Chief Executive Officer of HighPost, commented, “We are excited to make this investment in EverFence, a company with strong leadership, a wide range of product offerings, best-in-class customer service, and the only fence company to offer a lifetime guarantee.”
Founded in 2020 by seasoned industry experts, EverFence provides homeowners with a seamless online shopping experience never seen before in the industry and offers guaranteed projects for contractors with full transparency on timing, pricing, materials, and profitability. EverFence also provides full back-office support to remove the time-consuming backend logistics for service providers.
“Our goal is to be a one-stop shop for homeowners’ fencing needs. There is a critical need to innovate this industry to enhance capabilities and provide a better shopping experience and customer service to clients,” said Matt Sivewright, Founder and CEO of EverFence. “Using this new capital, we will expand our home services offerings into adjacent verticals like deck and patio construction among others. We are thrilled to be working with the HIPstr team, who share in our mission and will bring significant resources and strategic guidance as we seek to scale our business.”
EverFence delivers instant quotes on its website without the need for contractor visits, massively improving the efficiency of the home improvement process for both sides. Currently, EverFence serves Southern California, Dallas/Fort Worth, Texas, and Orlando, Florida.
About EverFence: We combine fence industry experts with the best quality materials, and a dedication to our clients that is unmatched by our competitors.
We pride ourselves on our service levels, and our repeat clients are a testament to our team’s dedication to going the extra mile time and time again. With more than 20 years’ experience in the fence industry, both here in the US and abroad, there is no project too big, too complex or too small for the team at Everfence.
About HIPstr HIPstr is the early-stage investment arm of HighPost Capital, LLC, a private investment firm wholly owned by HighPost Capital focused on the global consumer sector. Leveraging its experienced team and disciplined approach, HIPstr seeks to partner with founders and entrepreneurs to provide robust financial and strategic guidance, strong consumer industry relationships, deep marketing experience, and the ability to help optimize logistics and supply chain, among other things. For more information, please visit https://www.highpost.com/hipstr/.
About HighPost Capital HighPost Capital, LLC (“HighPost”) is a private investment firm focused on the global consumer sector. Founded by leading private equity fund investor and chief executive, David Moross, and successful marketing innovator, Mark Bezos, HighPost seeks to leverage the respective skills, network, and experience of its principals to create long-term value for its portfolio companies. HighPost seeks to identify opportunities with family-controlled and entrepreneur-led companies that share a differentiated approach to value creation. For more information, please visit https://www.highpost.com.
Media Contact: Ronjini Joshua Email:[email protected] Phone: 949-295-9779
OnRamp already counts three of the Fortune 15 as its marquee enterprise customers. The funding will be used to enhance the product’s leading automation and user-friendly capabilities, helping solve the challenge of guiding B2B customers smoothly through even the most complex post-sales processes while seamlessly routing enterprise data.
“We see tremendous potential in OnRamp addressing an underserved market opportunity. The customer onboarding process is ripe for disruption, and OnRamp is transforming it through automation and user-friendly capabilities. By reducing lengthy onboarding times and improving customer engagement and visibility, OnRamp helps companies accelerate value, reduce costs, and protect revenue. This funding will enable OnRamp to build out a world-class sales and marketing team,” said Noah Doyle, Managing Director at Javelin Venture Partners.
Founded in 2020 by Paul Holder (CEO) and Ross Lerner (COO), OnRamp has tripled its revenue each of the past three years and is on track to triple revenue again this year. OnRamp has helped its customers accelerate revenue recognition of millions of dollars while allowing onboarding teams to scale their reach at flat headcount. Customers have seen up to 70% faster onboarding using OnRamp.
“Onboarding and creating a great first impression are the most critical aspects of the customer lifecycle,” said Paul Holder, OnRamp’s co-founder and CEO. “Having spent 10 years leading onboarding and Customer Success teams at high-growth companies, I’ve seen first-hand how the tools available today are incredibly limited and don’t drive positive interactions. The market has long needed a solution like OnRamp. Together with our fantastic team, we’ve now made that vision a reality.”
Customer onboarding is one of the most challenging obstacles to revenue faced by organizations of all sizes. Countless businesses book revenue they can’t recognize because their onboarding processes are too slow or broken. OnRamp breaks through those bottlenecks while providing an elevated experience for customers that dramatically improves customer satisfaction.
ParkHub, for example, is leveraging OnRamp’s no-code customer portal to help automate complex workflows while maintaining operational efficiency at scale. “With OnRamp, the time it takes our onboarding team to get new customers from signed agreement to launch has declined significantly,” says Lance Walton, Head of Customer Success at ParkHub. “As we scale, these advances and the increased standardization we’ve achieved have a major impact on our business.”
With OnRamp, companies can create exceptional first impressions and foster long-term customer success. To book a demo with OnRamp, visit: https://onramp.us/demo.
About OnRamp OnRamp is a leading customer onboarding platform dedicated to helping B2B companies accelerate revenue growth. By automating and streamlining the post-sales process, OnRamp ensures that new customers can easily navigate the most complex onboarding process, enhancing their overall experience and satisfaction. Trusted by industry leaders, including three of the Fortune 15, OnRamp empowers businesses to optimize their onboarding strategies and drive success from day one. To find out more, visit www.onramp.us.
