# Responsis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/responsis-pty

- Industry: Software
- Headquarters: Sydney, Australia
- Website: www.cascade.app
- Total disclosed funding: $22M
- Latest round: Series B (Feb 10, 2022)
- Investors on record: 5

## About

Founded in 2016, and based in Sydney, Australia, Responsis Pty Ltd, also known as Cascade Strategy USA Inc., operates as a software company that offers a strategy execution platform. In March 2022, Responsis Pty Ltd raised USD 29 million in series A funding led by new investor Telescope Investment, with participation from other new investors Carthona Capital and Five V Capital. As of 2022, the company employs more than 140 employees and is led by its CEO, Tom Wright.

Responsis offers strategy execution software that allows teams, managers, and executives to develop, execute, adjust, and measure their strategy, as well as identify risks associated with their approach and team performance without using any powerpoints or spreadsheets. The platform’s features include integration with their users' everyday tools, a strategy template library, ready-made reports for meetings, and an online dashboard to manage teams. As of 2022, the company’s client base includes American Express, AstraZeneca, Carhartt, Caterpillar, and Toshiba. 

The company generates revenue by charging a monthly subscription charge for its platform, which ranges from USD 59 per user (teams) to custom estimates dependent on the customer's needs.

The company plans to use the March 2022 funding to consolidate its market position, accelerating the product roadmap and expanding growth in North America and Europe.

## Funding rounds

- Series B, Feb 10, 2022, $17M — Telescope, Carthona Capital, Five V Capital, Ajushi Investments Pty Ltd, Jkhc Investments Pty Ltd
- Series A, Jun 8, 2021, $5.8M — Carthona Capital, Five V Capital

## Investors

- Carthona Capital (https://capitalatlas.ai/funds/carthona-capital) — Series A, Series B
- Five V Capital (https://capitalatlas.ai/funds/five-v-capital) — Series A, Series B
- Telescope (https://capitalatlas.ai/funds/telescope) — Series B
- Ajushi Investments Pty Ltd — Series B
- Jkhc Investments Pty Ltd — Series B