# Slingshot

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

- Industry: Software
- Headquarters: Orem, US
- Website: www.getslingshot.com
- Total disclosed funding: $2.4M
- Latest round: Seed (Jul 31, 2019)
- Investors on record: 1

## About

Based in the US, Slingshot, Inc. operates as a provider of integrated customer engagement solutions tailored for the home services industry, enhancing communication between service providers and their customers.Slingshot, Inc. offers customer engagement solutions to the home services sector. Founded in 2014 in Orem, US, the company has undergone significant growth, including its acquisition by WorkWave, LLC in May 2021, which aims to expand its reach in field service companies. Co-founded by Steve Gun and Tylan Walker, the firm currently has Jon Soldan as its CEO. Having raised a total of USD 2.40 mn across its funding rounds, the latest being a Seed round led by Real Estate Technology Ventures, this funding aligns with their strategic growth initiatives.Slingshot offers a comprehensive suite of 24/7 answering services designed specifically for the home services sector, including pest control, lawn care, plumbing, HVAC, and general home services. Their core product is an integrated call center solution that combines customer support, sales lead response, outbound sales, and accounts receivable management within a centralized platform. This service ensures that businesses can respond immediately to customer inquiries across multiple communication channels, enhancing lead conversion rates and customer satisfaction. Slingshot's agents are skilled in representing client brands, managing tasks such as qualifying leads, scheduling appointments, and processing payments, primarily serving clients in the United States and Canada.Slingshot generates revenue through a per-minute pricing structure tailored to the specific needs of its clients, providing scalability and flexibility in service usage. The transactions typically involve business-to-business engagements, allowing home service providers to outsource their customer engagement and sales support. Clients can adjust Slingshot's services based on fluctuating demand, especially during peak seasons, benefiting from comprehensive customer care, lead generation, and outbound sales efforts that drive customer retention and satisfaction. Furthermore, the company emphasizes its agents' capability to handle various operational tasks, enhancing client business efficiency and profitability.Following its acquisition in May 2021, Slingshot plans to leverage the support of WorkWave, LLC to enhance its offerings and extend its market presence. The acquisition is expected to help Slingshot reach new field service companies by enhancing its product suite and services. The recent funding will play a crucial role in supporting these initiatives, focusing on expanding into new geographic regions and enhancing product development efforts to better serve the evolving needs of the home services sector.

## Funding rounds

- Seed, Jul 31, 2019, $2.4M — RET Ventures

## Investors

- RET Ventures (https://capitalatlas.ai/funds/ret-ventures) — Seed