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Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Series A
Total Funding
$55.8M
Headquarters
Toronto, Canada
Founded
2010
ContactMonkey enhances internal communications within organizations by providing tools that streamline employee interactions, gather feedback, and measure engagement. Their main product is a drag-and-drop email builder that enables companies to create and send engaging newsletters and surveys to employees. This tool also offers detailed analytics, including open rates, click rates, and employee Net Promoter Scores (eNPS), which help organizations gauge employee engagement levels. Unlike many competitors, ContactMonkey serves a diverse range of clients, from small businesses to large enterprises, and operates in the growing internal communications and employee engagement sector. Their subscription-based business model ensures a steady revenue stream, allowing for continuous improvement of their platform. The goal of ContactMonkey is to foster a more connected and productive workforce by enhancing communication and engagement within organizations.
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Total Funding
$55.8M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Health Insurance
Health Savings Account/Flexible Spending Account
Stock Options
Paid Vacation
Professional Development Budget
Flexible Work Hours
Paid Sick Leave
Hybrid Work Options
CIBC Innovation Banking announced today that it has provided growth capital financing to ContactMonkey, a portfolio company of Updata Partners. The company w...
ContactMonkey, a Toronto-based internal email platform provider, received an undisclosed investment from CIBC Innovation Banking. The funding will be used to expand its global business reach and enhance product offerings for new and existing customers.
CIBC Innovation Banking has provided growth capital financing to ContactMonkey, a portfolio company of Updata Partners. The funding will be used to expand ContactMonkey's global reach and enhance its product offerings for both new and existing clients worldwide.
ContactMonkey ranked number 360 fastest-growing company in North America on the 2024 Deloitte Technology Fast 500(TM).
Toronto's ContactMonkey raises $55 million and plans to hire 80 in 2024.
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Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Series A
Total Funding
$55.8M
Headquarters
Toronto, Canada
Founded
2010
Find jobs on Simplify and start your career today