Contactually raises $8 million Series A

D.C.-based business relationship management company Contactually announced Tuesday morning that it has closed an $8 million Series A funding round.
In a statement, Contactually announced that the round was led by Menlo Park-based Rally Ventures and D.C.-based Grotech Ventures. Other participants included Correlation Ventures, as well as Point Nine Capital, Middleland Capital, Bull City Venture Partners and real estate influencer Tom Ferry — all of whom are prior investors in the company.
Jeff Hinck, a general partner at Rally Ventures, said, “We’ve been tracking Contactually’s progress for some time, and believe they’re on to a multi-billion dollar market opportunity. In a short time so far, they’ve built an impressive team and culture, a solid product, and significant revenue.”
Read more about the Contactually model in this Technical.ly DC piece from August.
Contactually helps customers maintain key business relationships — filling a gap in what business contact managers have traditionally been able to provide.
“Contactually helps teams generate more business from their existing networks by aggregating data from email, calendars, spreadsheets, and more, and surfacing key fading relationships,” said CEO and cofounder Zvi Band.
“The most important thing for a professional is to quickly identify who they need to talk to, when they need to talk to them, and what they need to say,” he added.
Contactually previously raised $4 million.