BounceX Raises $37 Million in Growth Round

BounceX, the creator of people-based marketing (PBM) cloud products and services, closed $37 million in Series B funding led by Battery Ventures, with participation from existing investors Contour Venture Partners, Cross Creek Capital, Primary Venture Partners, Jason Finger, and Rho Ventures.

According to the company, BounceX is the first new revenue channel for marketers with scale in 10 years. Founded in 2012, it was named the Fastest Growing Software Company in America by Inc.com in 2016. “I found BounceX to be incredibly uncommon. I am constantly being offered these ‘amazing solutions that are going to solve everything,’ but, almost always, they fall short. This isn’t the case with BounceX; they consistently double the performance they promise,” said Neal Zamore, SVP global digital customer experience at Avis.

Over the next two years, the company is planning to expand to 600 employees globally with a concentration in its NYC and UK offices. Today, over 350 companies work with BounceX, including Uniqlo, Neiman Marcus, Forever21, Samsonite, Hugo Boss, Avis, and JetBlue.