Cultivation Capital Infuses Hatchbuck with $1.4 Million Investment

Cultivation Capital Infuses Hatchbuck with $1.4 Million Investment

Hatchbuck, an all-in-one sales and marketing software platform for small business, is disrupting the marketing automation space with easy-to-use tools and outstanding customer service.

SAINT LOUIS, MO, September 2, 2015 — Hatchbuck, a St. Louis, Missouri-based provider of sales and marketing automation software for small business, today announced a 1.4M investment led by Cultivation Capital, a St. Louis-based Venture Capital firm. Also participating in the round is Holekamp Ventures.

Led by founder & CEO Don Breckenridge, Hatchbuck provides sales and marketing software for small businesses to manage contacts, nurture new leads and prospects and to retain existing customers – all in an automated, yet personalized and relevant way.

The company will use the funds to accelerate product development and reach more small businesses for its easy-to-use sales and marketing automation software.

“At Hatchbuck, we champion small business,” said Breckenridge. “Small business owners are passionate about what they do.  They didn’t get into their business to become expert marketers.  We’ve taken this to heart, and listened closely to feedback from small business owners who are in the weeds every day trying to find and keep customers while running their business. With the latest round of funding, we will be well positioned to add functionality and ease-of-use where it counts most for small business.”

The startup was recognized as the fastest-growing Missouri startup in Mattermark’s 2014 Startup Traction Report.  As of June 2015, the company’s revenue had increased 205% from the previous year.

“Hatchbuck’s impact on the way small businesses operate on the sales and marketing front is reflected in the company’s continued growth,” said Cultivation Capital General Partner, Clifford Holekamp.  “We’re excited to continue to fuel Hatchbuck on the product side and to help more small business owners scale revenue with smart and simple sales and marketing tools.”

Hatchbuck has grown its workforce by 25% this year, adding talent on the development and customer service side.  Software review site, G2Crowd, ranks Hatchbuck as a High Performer in the marketing automation space where Hatchbuck led all vendors with a customer satisfaction rating of 97%.

Hatchbuck was also rated as a best CRM software for 2015 by Business News Daily, as well as one of the best email marketing apps for drip campaigns by Zapier, a platform for connecting apps.

The company serves small businesses finding success in multiple industries including manufacturing, technology, healthcare, business & professional services.

About Hatchbuck

Hatchbuck is all-in-one sales & marketing software that helps nurture prospects, reach new customers and retain existing ones by automating sales and marketing activities. It’s easy to use, built for small business, and the best part; their friendly support team is never too busy to help you succeed and grow your dream.

 

For more information, visit http://www.hatchbuck.com

 

About Cultivation Capital

Cultivation Capital is a St. Louis-based early stage Venture Capital firm investing in high potential technology companies throughout the Midwest. Cultivation Capital is managed by a team of experienced entrepreneurs, who have started more than 25 companies, raised more than $200 Million dollars and had several successful exits. For more information, visit http://www.cultivationcapital.com.

 

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