# CommercialTribe

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

- Industry: Internet
- Headquarters: Denver, US
- Website: www.commercialtribe.com
- Total disclosed funding: $3.2M
- Latest round: Series A (Apr 29, 2014)
- Investors on record: 3

## About

CommercialTribe, Inc. is a software company focused on enhancing workforce performance through innovative training and coaching solutions, enabling organizations to optimize sales processes and operational efficiencies.Founded in 2013 and headquartered in Denver, US, CommercialTribe, Inc. specializes in performance improvement solutions. Co-founded by Gary Bundu, the firm has undergone strategic pivots since its inception. The company has raised a total of USD 6.00 mn across 4 funding rounds, with the latest being a VENTURE DEBT round in August 2018, securing USD 1.00 mn.CommercialTribe, Inc. offers a suite of software applications designed to enhance operational efficiency and streamline workflows for businesses. These core products cater to various industries, including healthcare, finance, and logistics, helping clients optimize processes and improve decision-making capabilities. The company has established a presence among small to medium-sized enterprises (SMEs) and large corporations across North America and Europe, focusing on user-friendly interfaces and robust functionalities to attract a diverse clientele.The revenue model of CommercialTribe, Inc. is subscription-based, allowing clients to access its software services through annual or monthly plans. This structure ensures a steady revenue stream as clients are incentivized to maintain subscriptions for continuous access to updates and features. Certain proprietary applications command premium pricing due to their advanced capabilities, supporting the company’s financial health.Following the most recent funding round in August 2018, CommercialTribe, Inc. plans to use the USD 1.00 mn raised to expand its product offerings and enter new markets. The company is currently developing new software solutions aimed at enhancing training and performance management for its clients, with an anticipated launch date in early 2024. Additionally, CommercialTribe intends to target expansion into the European and Asian markets by the end of 2024, capitalizing on growing demand for performance improvement tools in those regions.

## Funding rounds

- Series A, Apr 29, 2014, $3.2M — Grotech Ventures, Boulder Ventures, Access Venture Partners

## Investors

- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series A
- Boulder Ventures (https://capitalatlas.ai/funds/boulder-ventures) — Series A
- Access Venture Partners (https://capitalatlas.ai/funds/access-venture-partners) — Series A