“We’re excited to partner with Sigstr and apply our integrated investing and operating platform to continue to drive value and growth,” said Ryan Ziegler, General Partner for Edison Partners, in a statement.
The announcement comes after a solid year of growth for the company. Sigstr stated its annual revenue has nearly tripled in the last year, which it attributes to new customer wins, strong customer retention and appropriate staff expansion.
“Every business in the world runs an employee email system and our vision is to unlock the data for marketers to drive better relationships,” said Bryan Wade, CEO of Sigstr, in a statement to Demand Gen Report. “We believe that there is a better way to engage with customer and prospects based on true relationships and this funding will help us accelerate that effort.”