MarketDial

SoftwareSeries ASalt Lake City, USmarketdial.com

Latest round

Series A

Last raised

Sep 2018

Total raised

$7.5M

Investors

4

About MarketDial

MarketDial, Inc.MarketDial, Inc. was founded in 2016 and is headquartered in Salt Lake City, US. The company focuses on providing a platform for statistical testing to understand the impact of various retail strategies. The founders, Johnny Stoddard and Morgan Davis, have backgrounds in technology and entrepreneurship, contributing to the company's development.MarketDial specializes in providing advanced testing solutions for retail and other industries through its core product offerings, which focus on optimizing in-store initiatives and data-driven decision-making. The platform allows businesses to conduct statistically valid tests to understand the potential impact of various strategies before full-scale implementation. This enables clients to mitigate risks and improve customer engagement by understanding consumer preferences, evaluating promotional strategies, and optimizing layouts and product placements. MarketDial's services cater to a diverse client base that includes large retail chains, convenience stores, grocery establishments, and restaurants, primarily in the United States and select international markets.MarketDial generates revenue primarily through a subscription-based model, where clients engage in long-term partnerships to utilize their testing platform. The transactions typically involve retailers subscribing to the service to conduct multiple tests on in-store initiatives, leading to actionable insights that inform decision-making processes. MarketDial’s service offerings include tailored support and consultation, which enhance the value proposition of their platform. The pricing structure is designed to accommodate the varying needs of clients, allowing for customization based on the scale and frequency of testing required.In November 2021, MarketDial, Inc. The company aims to expand into new markets, particularly targeting additional regions in the United States and select international locations by 2023.

Who invested in MarketDial

4 investors across 2 rounds

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Funding rounds

  1. Series A

    Sep 4, 2018

    Amount

    $7.5M

    Investors

    Locked

  2. Angel

    Apr 1, 2016

    Amount

    Undisclosed

    Investors

    Locked

Questions about MarketDial

Who invested in MarketDial?

MarketDial has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has MarketDial raised?

MarketDial has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did MarketDial last raise money?

MarketDial's most recent round on record is a Series A, in Sep 2018.

What does MarketDial do?

MarketDial is a software company.

Where is MarketDial headquartered?

MarketDial is headquartered in Salt Lake City, US.

Which VCs invest in companies like MarketDial?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at MarketDial's stage. Their profiles are linked below.

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