Repsly Secures Funding from First Beverage Group, Launchpad Venture Group and K5 Ventures, Moves Headquarters to Boston

tom first, managing partner of First Beverage Ventures and founder of Nantucket Nectars, said the company was interested in Repsly because the solution is ideal for companies selling consumer products through retail channels. “We are very excited to be involved with Repsly, not just because of the impact they can have on food and beverage businesses, but because of their broad applicability to any organization with teams in the field. .”

Repsly will use the funding to invest in growth. “We have developed a disruptive product and have had great success with customers around the world,” said the company‘s co-founder and CEO. Marko Kovac. “This round of funding will allow us to aggressively market Repsly by allowing us to invest in sales and marketing infrastructure.” The company has just hired Richard April as Senior Vice President of Marketing to build its sales and marketing organization.

Tim CurranRepsly Board Member and Launchpad Venture Group Member said: “I have been following and advising Repsly for over a year as I have been drawn to their overwhelmingly positive customer references, triple digit organic growth and the high quality solution they have developed to meet market needs.”

About Reply

Repsly, Inc. is a business-to-business Software as a Service (SaaS) company focused on providing a solution to simplify processes for field teams and their managers. With customers in over 40 countries, Repsly targets organizations with field representatives who regularly visit established customers to perform customer service and field management functions, such as taking replenishment orders, marketing of products on retail shelves, marketing for referrals or regular maintenance. . Deployed by leading global brands as well as innovative start-ups, Repsly enables these organizations to improve the efficiency of their field teams, and greatly simplifies the collection and analysis of field data. As a result, Repsly’s solution helps organizations create a tight connection between the field and back-office operations. Founded in 2010, Repsly is headquartered in Boston. For more information, please visit the company’s website, www.repsly.com.

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