Ambassador Raises Non-Dilutive Funding to Accelerate Growing Company
Washington-based company, Ambassador, recently secured funding from Sage Growth Capital that will be used to accelerate growth by adding key hires in sales and software engineering.
Ambassador is building the first “micro-enterprise” marketplace – an end-to-end technology that allows brands to personalize their customer engagement and retention through referrals, incentives, loyalty, and influence.
Ambassador CEO, Geoff McDonald, says, “We are very excited to work with Sage Growth Capital. Since our acquisition of Ambassador, we have built a strong company with 100+ clients, strong retention and a leading product... and we are now ready to bring strong sales growth into our organization. Sage Capital is giving us the opportunity to grow in a meaningful way.”
“We were impressed by the experienced management team and strong financial reports,” said Molly Otter, Investment Partner at Sage Growth Capital. “With the infusion of capital, we are assisting the business in accelerating its growth, and we are happy to support their development.”
For more information on Ambassador and their products, visit: www.getambassador.com.
Ambassador gives brands and customers the marketplace to build retention and engagement driven ROI. It is our mission to provide a flexible technology in the micro-enterprise space through building, buying, and partnering, that allows brands and people to access business tools and infrastructure to market and own their assets.
About Sage Growth Capital
Sage Growth Capital makes revenue-based investments in companies who need growth capital. It is our mission to provide a more flexible funding option to growing companies who do not fit traditional equity or lending models. To learn more about Sage Growth Capital or to apply for funding, visit: www.sagegrowthcapital.com.