# Yesware

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

- Industry: Internet
- Headquarters: Boston, US
- Website: www.yesware.com
- Total disclosed funding: $46M
- Latest round: Series C (Aug 7, 2018)
- Investors on record: 7

## About

Yesware, Inc. offers innovative sales engagement tools that enhance email outreach for sales teams, focusing on efficiency and effectiveness in communication.Founded in 2010, Yesware, Inc. is headquartered in Boston, US, and provides sales engagement solutions to help teams maximize their email outreach. The company has received funding from various investors and raised a total of USD 14.86 mn in their Series C round led by Foundry Group. The firm has completed 8 deals, with the most recent deal occurring on October 17, 2022. The current CEO is Joel Stevenson, who has a history of entrepreneurial ventures in the tech space.Yesware provides a suite of sales engagement tools designed to enhance email outreach for sales teams. Their core product offerings include real-time email tracking, customizable templates, automated follow-ups, and analytics that help users understand engagement metrics such as open rates and click-through rates. These tools are aimed at facilitating more efficient communication, enabling sales professionals to build relationships and close deals more effectively. Yesware’s solutions are particularly beneficial for teams that rely heavily on email for outreach, allowing them to streamline their processes and significantly reduce manual effort. The company primarily serves B2B sales teams across various industries, with a notable client base that includes over 6,000 teams globally, including organizations in North America and Europe.Yesware generates revenue through a subscription-based model, providing varying pricing plans that cater to different team sizes and needs. Clients typically engage with Yesware by subscribing to services that offer a range of functionalities, from basic email tracking to comprehensive sales engagement solutions. The company’s flagship offerings include tools that enable users to manage outreach efforts effectively and gain insights into their sales activities. Transactions generally involve monthly or annual subscriptions where users gain access to the platform, which is designed to provide ongoing support and updates. Through this model, Yesware ensures that customers receive continuous value from their services while fostering an environment for sustained sales improvement.In October 2022, Yesware was acquired by Vendasta Technologies Inc., which aims to integrate Yesware’s user base into its end-to-end platform and sales channels. This acquisition enables Yesware to accelerate its strategic growth plans, focusing on expanding its product offerings and enhancing its technology stack. The integration may lead to new product launches aimed at enhancing user experience, although specific release dates have not yet been disclosed. Additionally, the firm plans to explore new markets, particularly targeting regions in Europe and Asia by the end of 2023, leveraging the recent funding to support these initiatives.

## Funding rounds

- Series C, Aug 7, 2018, $15M — Battery Ventures, IDG Capital, Foundry Group, Shea Ventures, GV
- Series C, May 27, 2015, $13M — Battery Ventures, IDG Capital, Ridge Ventures, Foundry Group, GV, Golden Ventures
- Series B, Nov 15, 2013, $1.2M — Battery Ventures, IDG Capital, Ridge Ventures, Foundry Group, GV, Golden Ventures
- Series B, Sep 18, 2013, $14M — Battery Ventures, IDG Capital, Ridge Ventures, Foundry Group, GV, Golden Ventures
- Series A, Apr 2, 2012, $2.5M — IDG Capital, Ridge Ventures, Foundry Group, GV, Golden Ventures
- Seed, Sep 27, 2011, $0.1M — Foundry Group, GV, Golden Ventures
- Seed, Apr 6, 2011, $0.9M — Foundry Group

## Investors

- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Seed, Series A, Series B, Series C
- GV (https://capitalatlas.ai/funds/gv) — Seed, Series A, Series B, Series C
- Golden Ventures (https://capitalatlas.ai/funds/golden-ventures) — Seed, Series A, Series B, Series C
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A, Series B, Series C
- Ridge Ventures (https://capitalatlas.ai/funds/ridge-ventures) — Series A, Series B, Series C
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series B, Series C
- Shea Ventures (https://capitalatlas.ai/funds/shea-ventures) — Series C