Crisp, a New York-based collaborative commerce firm, has secured $50 million in new capital, comprising a $20M Series B extension round and up to $30M in debt financing.   

SaaS Investors 

Notable investors such as Blue Cloud Ventures, FirstMark Capital, Spring Capital, and 3L participated in the equity round, while TriplePoint Capital LLC provided debt financing for operational activities and acquisitions. With previous equity funding totaling $60M, Crisp's total equity raised now stands at $80M.   

Crisp Use of Funds 

The company will use the funding to fuel its aggressive growth plans, including product development, market expansion, and further acquisitions.   

About Crisp 

Crisp is a company that focuses on providing a collaborative commerce platform in the data integration and business intelligence industry. Since its establishment in 2017, Crisp has transformed its platform to deliver real-time store and shelf-level data to brands and distributors, optimizing inventory management, sales forecasting, and marketing strategies. Crisp leverages the power of the cloud to connect and normalize 40+ retail data sources to provide real-time insights and trends. Hundreds of brands, retailers, and distributors use Crisp to manage supply more efficiently, reduce waste, and skyrocket profitability. With over 700 CPG brands leveraging its platform, including major names like Mars and Kraft Heinz. 

Funding Details

Company: Crisp Inc.  

Raised: $50.0M  

Round: Series B Extension and Debt  

Funding Month: February 2024                

Lead Investors:   

Additional Investors: Blue Cloud Ventures, FirstMark Capital, Spring Capital, 3L, and TriplePoint Capital LLC  

Company Website: https://www.gocrisp.com/   

Software Category: Collaborative Commerce  

Source: https://www.businesswire.com/news/home/20240222597911/en/