Single Family Office from Missouri invests in Sharpen Technologies $12M Growth Round

Single Family Office from Missouri invests in Sharpen Technologies $12M Growth Round

The Rodger Riney single family office Lightchain LLC invested in Sharpen Technologies $12M funding round. Sharpen Technologies works on cloud-based contact center solutions.

Sharpen Technologies: Cloud platform for contact centers

Indianapolis-based Sharpen Technologies develops an omnichannel contact center platform, that promises at least 5-15% ROI in 60 days (alternatively, Sharpen refunds the money for the service). Through Sharpen’s platform, agents can work from anywhere and monitoring of calls, messages, social media contact is ensured in real-time. Sharpen also belongs to the list of 5000 fastest-growing companies in America. The growth rate of the firm lied at 137% over the past three years.

Rodger Riney Single Family Office as investor

The recent funding round brings the total funding amount of Sharpen to more than $50M. In H1 2020, new bookings of the software were 236% higher compared to H1 2019. Lead investors of the round were Allos Ventures, Cultivation Capital as well as Lightchain. Lightchain is the Missouri-based single family office of the founder of Scottrade, Rodger Riney. Riney is an active startup investor, who, for example, also invested in biotech firm Geneoscopy.

Source: Businesswire, 02.10.2020
Picture Source: Arlington Research

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