# Catalyst Software Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/catalyst-software

- Industry: Internet
- Headquarters: New York, US
- Website: www.catalyst.io
- Total disclosed funding: $42M
- Latest round: Series B (Apr 28, 2020)
- Investors on record: 6

## About

Catalyst Software Corporation provides a customer success platform, enhancing operational efficiencies for customer success teams and sales professionals. Its merger with Totango allows for advanced analytics and engagement solutions tailored to diverse industries.Catalyst Software Corporation, headquartered in New York, US, was founded in 2017 and specializes in customer success solutions. The company recently merged with Totango, Inc. on February 28, 2024, to enhance its platform further. The founders include Edward Chiu, Kevin Chiu, and Mandakini Sahasrabudhe, with Edward Chiu serving as the CEO. Since its inception, Catalyst has completed 8 deals. The latest funding round was a Series B, amounting to USD 21.33 mn, which contributed to a total raised of USD 21.33 mn and a current valuation of USD 221.60 mn.Catalyst, now part of Totango, specializes in providing a customer success platform aimed at improving the efficiency of customer success teams and sales professionals. Its offerings include tools for customer engagement, analytics, and performance tracking, designed to drive positive business outcomes and revenue growth. The merger allows Catalyst to leverage advanced customer growth solutions for various industries, including technology, SaaS, and services, catering to both startups and established companies across North America and Europe. Their resources also help users maximize the platform's value through shared learning and collaboration.Catalyst generates revenue primarily through subscription-based models, enabling businesses to access its suite of customer success tools. Clients are charged on a recurring basis, with pricing varying based on service levels and implementation scale. This subscription framework supports B2B transactions, facilitating the integration of Catalyst’s solutions into existing workflows. The pricing tiers reflect different features and support levels, catering to organizations of varying sizes. The flagship services contribute significantly to customer engagement and satisfaction, forming the core of its revenue generation strategy in North America and Europe.Following its merger with Totango, Catalyst Software Corporation aims to enhance its platform's capabilities. The recent Series B funding will be utilized to support the development of new products and services, along with efforts to expand into additional markets. Specific target regions for expansion have not been disclosed, but the focus will align with the company’s strategic growth objectives. The integration will also allow Catalyst to leverage Totango's resources to streamline product development and enhance user experience.

## Funding rounds

- Series B, Apr 28, 2020, $25M — Accel, Spark Capital, True Ventures, Ludlow Ventures, Work-Bench
- Series A, Jul 30, 2019, $15M — Accel
- Seed, Apr 24, 2018, $2.4M — True Ventures, Compound Ventures, Ludlow Ventures

## Investors

- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed, Series B
- Compound Ventures (https://capitalatlas.ai/funds/compound-ventures) — Seed
- Ludlow Ventures (https://capitalatlas.ai/funds/ludlow-ventures) — Seed, Series B
- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B
- Spark Capital — Series B
- Work-Bench — Series B