OnRamp Secures $14.2M in Series A and Seed Funding Rounds
OnRamp is a leading customer onboarding platform dedicated to helping B2B companies accelerate revenue growth. Founded in 2020 by Paul Holder (CEO) and Ross Lerner (COO), the company delivers seamless customer onboarding by automating and streamlining the postsales process. OnRamp already counts three of the Fortune 15 as its marquee enterprise customers and has tripled its revenue each of the past three years.
The $14.2M raised across seed and recent Series A funding rounds will be used to enhance the products automation and userfriendly capabilities, helping solve the challenge of guiding B2B customers smoothly through complex postsales processes. The funding aims to accelerate value, reduce costs, and protect revenue for businesses using OnRamps platform.
Javelin Venture Partners led the Series A funding round, with Contour Venture Partners leading the seed round. Other investors include Pear VC, Quiet Capital, Correlation Ventures, Frontier Ventures, J Ventures, and strategic individuals like Claire Hughes Johnson (Stripe), Steve Fredette (Toast), and Louis Beryl (Four Cities Capital).
This funding will enable OnRamp to build out a worldclass sales and marketing team, further improve customer engagement and visibility, and continue to innovate in automating customer onboarding processes to drive success from day one.
Additional Information:
OnRamp has helped its customers accelerate revenue recognition of millions of dollars while allowing onboarding teams to scale their reach at flat headcount.
Customers have seen up to 70% faster onboarding using OnRamps platform.
ParkHub is one example of a customer leveraging OnRamps technology to automate workflows and decrease onboarding times significantly.
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