Admissions and marketing technology company – ExtraaEdge has secured $1 million in the latest funding round. The pre-Series A round was led by Pentathlon Ventures and existing investors – TiE Pune Angels and Sprout Venture Partners.
The fresh financing round also saw participation from IAN, 9Unicorns, Faad Network, DevX Innovation along with cofounder of SaaS unicorn Icertis – Monish Darda, CEO of ThreadSol – Manasij Ganguly, and former vice president of Premji Invest – Aditya Somani.
The startup will use the funds raised to enhance its user base, boost product development, and augment the data science team.
Ballabh, Co-founder and CEO, said, “As conventional marketing processes get digitised across sectors, the education segment is also taking a leap on this front.”
The product based SaaS startup, with admissions and marketing automation CRM Software was designed specifically for the educational industry.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.