BIP Capital to raise $2.5M investment in AchieveIt’s core technology platform
Team to support rapid growth and position for scale
AchieveIt Online, LLC., a leading provider of cloud-based enterprise software for strategic planning and execution, enabling organizations to align strategy, people, and performance to drive business results, has announced today that a $2.5M capital influx, raised by BIP Capital and other investors, will contribute to a significant investment in the core technology platform and expansion of the development team.
Leading the technology initiative is the CEO of Amplify Technology Group, Andrew Badstubner. With more than 18 years of experience as a technology management software development and product engineering executive, Badstubner, former CTO of Kabbage Inc., will be instrumental in building out the product development and engineering teams, directing technology implementations, developing business-automation strategies, and cultivating high-functioning teams.
“Building technology solutions that meaningfully improve enterprise productivity is our goal, and the addition of Andrew Badstubner and the recent growth investment from BIP Capital will allow AchieveIt to expand on its strong value proposition.” – Christy Johnson, CEO of AchieveIt
After expanding the client base by 336% and user base by 500% in 2015, AchieveIt continues to experience record growth in 2016. The company will bring a series of products to the market over the next 12 months that will greatly augment the productivity of individuals, teams, and enterprises.
AchieveIt™ is a strategic planning and execution software provider that empowers leaders with the tools required to align team performance around the strategic initiatives that drive real results. The industry-leading AchieveIt™ Execution Management Platform is a cloud-based solution designed to provide leaders with top-down visibility into strategic plans, corporate initiatives, and day-to-day activities that support business goals. AchieveIt is transforming how organizations plan, collaborate, manage, achieve results, and get things done — all from a single platform. Founded in 2010, and headquartered in Atlanta, GA, AchieveIt serves clients from the Fortune 500 to the mid-market, and across a wide range of industries. For more information please visit: www.achieveit.com
About BIP Capital
Headquartered in Atlanta, GA, BIP Capital is the most active venture investor in the Southeast. They are the entrepreneurs behind the entrepreneurs. Visionaries. Doers. Partners in the journey. Their investment results and reputation with founders speak for themselves. www.bip-capital.com
- Marketing Department
Press Release Data
- Atlanta, GA
- May 9, 2016
- Topic: Funding