Reach, a San Francisco, California-based digital commerce and collaboration platform startup, raised $7 million in Series A to accelerate the adoption of its virtual workplace platform.
The round was led by Grayhawk Capital and Pritzker Group, with NFX also participating. Including the new funding, Reach has raised $13 million to date.
Company: Reach Digital Inc.
Funding Month: March 2022
Lead Investors: Grayhawk Capital and Pritzker Group
Additional Investors: NFX
Company Website: https://reachhq.com/
Software Category: Digital commerce and collaboration platform
About the Company: Founded in 2015, Reach is the All-in-One SaaS for instant digital customer transactions. Reach offers a customer engagement platform that allows companies to conduct transactional meetings online with clients, eliminating the need for a physical encounter. The company pitches itself as empowering businesses with document collaboration, e-signature, videoconferencing, identity verification, and payments, all in a single platform. Reach, which has a variety of customers across financial services, insurance, mortgage, and automotive industries, notable clients include American Express Co., Daimler AG, British American Tobacco plc, NSM Insurance Group LLC, and SCSK Corp.