# KnowledgeTree

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

- Industry: Software
- Headquarters: Raleigh, US
- Website: www.knowledgetree.com
- Total disclosed funding: $4.8M
- Latest round: Series B (Jul 8, 2012)
- Investors on record: 4

## About

KnowledgeTree, Inc. operates as a technology solutions provider, focusing on enhancing operational efficiency through innovative software applications in enterprise resource planning, customer relationship management, and data analytics.Founded by Frank Lacombe, KnowledgeTree, Inc. is headquartered in Raleigh, US, specializing in providing software solutions that optimize business processes. The company has undergone significant growth since its inception, securing a Series B funding round in July 2012, raising USD 4.75 mn from investors including Core Capital Partners and Hasso Plattner Ventures. KnowledgeTree, Inc. offers a suite of software applications aimed at improving operational efficiency across various sectors. Its core products encompass enterprise resource planning (ERP), customer relationship management (CRM), and data analytics, catering to mid-sized enterprises and large corporations in manufacturing, retail, and finance. The company's solutions boost productivity and streamline operations, addressing challenges in resource allocation, customer engagement, and data management, with a presence in North America, Europe, and parts of Asia.The company's revenue model is primarily subscription-based, enabling clients to access software solutions through annual or monthly fees. This structure allows for scalability and continuous updates, which fosters long-term relationships. Their flagship product integrates ERP, CRM, and data analytics, appealing to companies seeking comprehensive solutions for operational issues.KnowledgeTree, Inc. plans to leverage the USD 4.75 mn raised in the Series B round to enhance product offerings and expand into new markets. The company is focused on launching advanced software solutions designed to further optimize business processes by mid-2023. Additionally, they aim to penetrate the European and Asian markets more deeply, targeting increased client acquisition and geographic presence by the end of 2023.

## Funding rounds

- Series B, Jul 8, 2012, $4.8M — RC Capital, Hatteras Venture Partners, Core Capital Partners, Hasso Plattner Ventures

## Investors

- RC Capital (https://capitalatlas.ai/funds/rc-capital) — Series B
- Hatteras Venture Partners (https://capitalatlas.ai/funds/hatteras-venture-partners) — Series B
- Core Capital Partners — Series B
- Hasso Plattner Ventures (https://capitalatlas.ai/funds/hasso-plattner-ventures) — Series B
