# Coolfire Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coolfire-solutions

- Industry: Software
- Headquarters: St. Louis, US
- Website: www.coolfiresolutions.com
- Total disclosed funding: $12M
- Latest round: Series B (Oct 3, 2018)
- Investors on record: 2

## About

Coolfire Solutions, Inc. specializes in work management software that enhances collaboration, streamlines operations, and improves task coordination across various industries, including logistics and telecommunications.Founded in 2010 and headquartered in St. Louis, US, Coolfire Solutions, Inc. develops innovative software tools for operational management. The company has raised USD 11.5 million in a Series B funding round in October 2018, led by Clayton Venture Group and IrishAngels. The CEO is Don Sharp, who has a strong background in technology and entrepreneurship.Coolfire offers a comprehensive work management software solution known as Coolfire Core, designed to enhance collaboration and streamline operations for teams across various industries. This platform facilitates the coordination of tasks, workflows, and communications, enabling users to manage unique operational complexities in real time. Coolfire Core allows organizations to digitize their processes, automate back-office functions, and integrate data from multiple systems, providing an organized operational picture for field teams and headquarters alike. Notable use cases span telecommunications, logistics, government services, and field service management, among others. The company primarily serves clients in North America, Europe, and parts of Asia, effectively addressing the needs of businesses involved in last-mile logistics, energy and utilities, and military operations.The company generates revenue through a subscription-based model, offering various pricing tiers tailored to different organizational needs. Clients engage with Coolfire Core primarily through enterprise subscriptions, which provide access to its suite of features for task and workflow management, real-time collaboration tools, and operational visibility. The structured pricing plans may vary based on the size of the organization and specific use cases, with customizable features to suit diverse operational requirements. Partnerships are integral to Coolfire's business model, allowing for collaborative offerings that enhance the platform's capabilities. Clients, including significant players in logistics and telecommunications, rely on Coolfire for mission-critical operational support, reinforcing the platform's value in high-stakes environments.In October 2018, Coolfire Solutions, Inc. raised USD 11.5 million in a Series B funding round with plans to enhance its software offerings and expand its market reach. The company aims to develop new features for the Coolfire Core platform and plans to explore opportunities in additional markets, particularly in Europe and Asia, by 2023. The recent funding will support product development and facilitate entry into these new geographic areas.

## Funding rounds

- Series B, Oct 3, 2018, $12M — IrishAngels, Clayton Venture Group

## Investors

- IrishAngels (https://capitalatlas.ai/funds/irishangels) — Series B
- Clayton Venture Group — Series B