# Allbound

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/allbound

- Industry: Software
- Headquarters: Scottsdale, US
- Website: www.allbound.com
- Total disclosed funding: $6.4M
- Latest round: Series A (Dec 20, 2018)
- Investors on record: 8

## About

Allbound, Inc. provides an innovative partner relationship management platform designed to facilitate collaboration between businesses and their channel partners, ultimately enhancing sales effectiveness and streamlining go-to-market strategies.Founded in 2014 and headquartered in Scottsdale, Arizona, Allbound, Inc. specializes in partner relationship management solutions. The company has raised a total of USD 43.00 mn through various funding rounds, with the latest funding round being a GROWTH round in July 2022, which attracted investment from Invictus Growth Partners. The company's operations have remained focused on developing its PRM platform and enhancing its service offerings without notable pivots in strategy or structure.Allbound specializes in providing a comprehensive partner relationship management (PRM) platform designed to enhance collaboration between businesses and their channel partners. The core offerings encompass tools for onboarding, training, and managing partners, enabling companies to streamline their go-to-market strategies and improve channel sales effectiveness. This platform specifically addresses the complexities companies face when managing partner relationships, including the need for effective communication, performance tracking, and resource sharing. Allbound's customers primarily consist of businesses across various sectors, including technology, healthcare, and education, which leverage the platform to facilitate better engagement with their partners and drive revenue growth. The company serves markets in North America, Europe, and Asia, making their solutions accessible to a diverse global clientele.Allbound generates revenue through a subscription-based model, allowing businesses to access their PRM platform on a recurring basis. Clients typically engage with the service under different pricing tiers, which include various features tailored to the specific needs of small businesses versus larger enterprises. Transactions are structured as direct-to-consumer agreements, where companies pay monthly or annual fees based on the selected plan. The firm focuses on building long-term partnerships with its clients, aiming to enhance customer satisfaction and retention. The flagship offerings of Allbound include advanced analytics and reporting tools, which further incentivize companies to invest in their services for improved channel management and performance outcomes.In July 2022, Allbound, Inc. raised USD 43.00 mn in growth funding, which will be utilized to further enhance its platform and accelerate investments in sales and marketing activities. The company plans to introduce new features within its PRM platform and is exploring opportunities to expand into additional geographic regions, although specific plans and timelines for these expansions have not been disclosed yet.

## Funding rounds

- Series A, Dec 20, 2018, $3.6M — Brookstone Venture Capital, KLH Capital, Cobre Capital, The Arizona Founders Fund, Stout Street Capital
- Seed, Sep 30, 2016, $1.1M — Brookstone Venture Capital, Right Side Capital Management, Cobre Capital, DWP Investments
- Seed, Sep 23, 2015, $1.5M — Brookstone Venture Capital, Right Side Capital Management, Forum Ventures, Cobre Capital
- Seed, Dec 1, 2014, $0.2M — Right Side Capital Management, Forum Ventures

## Investors

- Right Side Capital Management (https://capitalatlas.ai/funds/right-side-capital-management) — Seed
- Forum Ventures (https://capitalatlas.ai/funds/forum-ventures) — Seed
- Brookstone Venture Capital (https://capitalatlas.ai/funds/brookstone-venture-capital) — Seed, Series A
- Cobre Capital (https://capitalatlas.ai/funds/cobre-capital) — Seed, Series A
- DWP Investments (https://capitalatlas.ai/funds/dwp-investments) — Seed
- KLH Capital (https://capitalatlas.ai/funds/klh-capital) — Series A
- The Arizona Founders Fund (https://capitalatlas.ai/funds/the-arizona-founders-fund) — Series A
- Stout Street Capital (https://capitalatlas.ai/funds/stout-street-capital) — Series A